iPhone worries weigh on Wall Street
(Reuters) – U.S. stock indexes were lower on Friday as shares of Apple and its suppliers fell, following a report that the iPhone maker was planning to produce fewer phones…
Tech rally loses steam, McDonald’s pushes Dow higher
(Reuters) – A rally in technology stocks came to a halt on Thursday, setting up the Nasdaq for its first loss in five days, while a jump in McDonald’s shares…
Tech leads Wall Street’s advance after strong jobs data
(Reuters) – Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S. economy and geopolitical tensions eased. Technology stocks led the rally,…
Wall Street bounces back after selloff driven by Italy turmoil
(Reuters) – Wall Street rose on Wednesday, with gains in energy and banking stocks fueling the recovery from a steep selloff driven by Italy’s political crisis. FILE PHOTO: Traders work…
S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq
NEW YORK (Reuters) – The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in…
Investors find little appetite for consumer staples
(Reuters) – The consumer staples index .SPLRCS, the S&P 500’s biggest laggard for 2018, could have further to fall and may even look less appealing as a defensive play in…
Wall Street slips as oil slump drags energy stocks
(Reuters) – The S&P 500 index and the Dow Jones Industrial Average were slightly lower on Friday as a steep drop in oil prices pressured energy stocks. FILE PHOTO: Traders…
Stock futures steady as North Korea keeps talks on table, oil weighs
(Reuters) – U.S. stock market futures steadied on Friday, helped by a measured response by North Korea to President Donald Trump’s cancelling of a planned summit, while a slump in…
Wall Street edges lower as Trump adds to trade talks uncertainty
(Reuters) – U.S. stocks were slightly lower on Wednesday after President Donald Trump’s latest comments fueled skepticism over U.S.-China trade talks and ahead of a Federal Reserve report that could…
Rising oil prices help ground U.S. airline stocks; could make them cheap
NEW YORK (Reuters) – Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent to relatively cheap levels could position them for takeoff. An…