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Archive US: Trading

  • *China central bank head warns of' Minsky moment'. NEW YORK, Oct 19- World stock markets broadly retreated amid investor caution after a flurry of tepid corporate earnings reports from around the globe, stoking demand instead for safer assets like U.S. European shares were on track for their biggest drop in two months on concerns over political upheaval in Spain...

  • Oct 19- Wall Street fell sharply on Thursday, pulling back from record highs, amid a broad decline that was led by technology stocks and disappointing quarterly reports from major companies. "People think that October is a scary time and they should take profits, maybe that is what's happening with the tech stocks," said Kim Forrest, senior equity research analyst...

  • NEW YORK— The latest on developments in financial markets:. Stocks partly recovered from midday losses and finished mixed, barely keeping winning streaks alive for two main indexes. Johnson& Johnson rose 1 percent.

  • *Apple dips 1.71 percent amid concerns over iPhone 8 demand. Oct 19- Wall Street was set to open lower on Thursday, a day after the major indexes scaled new highs, as heavyweight technology stocks Apple and eBay slipped. "People think that October is a scary time and they should take profits, maybe that is what's happening with the tech stocks," said Kim Forrest, senior...

  • NEW YORK— How long can this nirvana last for investors? The stock market keeps ticking methodically higher into record territory, and the Dow Jones industrial average closed above 23,000 for the first time on Wednesday. On Oct. 19, 1987, the S&P 500 plummeted 20.5 percent to wipe out what had been sizeable gains for the year.

  • NEW YORK— Verizon shares rose Thursday after the company's results showed its wireless business doing a little better. Verizon's revenue from selling wireless service plans declined 5.1 percent from the year before, but that was a slightly shallower drop than it was in the summer quarter. Verizon Communications Inc. said third-quarter profit was almost...

  • A last-minute surge nudged U.S. stock indexes mostly higher Thursday, barely extending the market's winning streak and milestone-setting run. "You have a lot of risk assets, especially equities, having done pretty well," said Sameer Samana, global quantitative strategist for Wells Fargo Investment Institute. The Russell 2000 index of smaller-company stocks...

  • NEW YORK, Oct 19- On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth. "We have learned a lot from the mistakes of the past in terms of the reaction or over reaction," said Ken Polcari, director of...

  • NEW YORK, Oct 18- The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like they're missing out and you kind...

  • Oct 18- EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57...

  • Oct 18- EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57...

  • NEW YORK, Oct 18- The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like they're missing out and you kind...

  • NEW YORK, Oct 18- Wall Street posted record closing highs on Wednesday, driven by strong earnings, while U.S. All three Wall Street major indexes posted record closing highs. "People are of the mindset that there is no alternative to equities and therefore they're continuing to pour into them," said Ian Winer, head of equities at Wedbush Securities in Los Angeles.

  • NEW YORK, Oct 18- The Dow Jones industrial average closed above the 23,000 level for the first time on Wednesday, driven by a jump in IBM after the computing giant hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like...

  • Dow rises 160 points to close above 23,000 as IBM posts best day since 2009

    Dow rises 160 points to close above 23,000 as IBM posts best day since 2009

  • Traders work on the floor of the New York Stock Exchange.

    Gina Sanchez of Chantico Global explains how tax reform will affect stocks, corporate expenses and corporate sales.

  • Wunderlich Securities chief market strategist Art Hogan discusses the market with Brian Sullivan.

  • Art Hogan of Wunderlich outlines five risks to the market rally now

    What could bring down this historic rally? Wunderlich Securities chief market strategist Art Hogan discusses with Brian Sullivan.

  • Black Monday anniversary: The market then and now

    The 30th anniversary of Black Monday is approaching. Gina Sanchez of Chantico Global and Matt Maley of Miller Tabak discuss with Brian Sullivan.

  • NEW YORK, Oct 18- The Dow Jones industrial average rose again above the 23,000 level on Wednesday, driven by a jump in IBM after the computing giant hinted at a return to revenue growth. It gave the Dow the boost to stay over 23,000, "said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. Solid earnings, stronger economic growth and...