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Stock market sinks amid fears over emerging markets

US stocks opened sharply lower Friday amid persistent worries over emerging market economies and a handful of earnings disappointments by US companies. About 40 minutes into trade, the Dow Jones Industrial Average tumbled 180.40 points (1.14 percent) to 15,668.21. The broad-based S&P 500 fell 15.47 (0.86 percent) to 1,778.72, while…

U.S. stock markets score first gain of year

US stocks registered their first gains of the new year Tuesday, with the Nasdaq adding nearly one percent, helped by a solid November trade report. The Dow Jones Industrial Average finished up 105.84 points (0.64 percent) at 16,530.94. The broad-based S&P 500 gained 11.11 (0.61 percent) at 1,837.88, while the…

U.S. stocks close for Christmas at record highs

US stocks continued their record-breaking run Tuesday, closing before a Christmas break at a new all time high following solid reports on durable goods and new home sales. The Dow Jones Industrial Average and the S&P 500 both hit their highest ever levels, rising 62.94 points (0.39 percent) to 16,357.55…

Jobs report buoys strong U.S. stock showing

US stocks ended sharply higher Friday after a strong jobs report fueled expectations that the Federal Reserve will begin to reduce its huge stimulus soon. The Dow Jones Industrial Average gained a hefty 198.69 points (1.26 percent) at 16,020.20. The broad-based S&P 500 advanced 20.06 (1.12 percent) to 1,805.09, while…

U.S. stocks surge after solid job creation report

US stocks surged Friday after a better-than-expected labor report showed solid job creation in November and boosted prospects that the Federal Reserve will begin to taper stimulus. After 45 minutes of trade, the Dow Jones Industrial Average surged 130.39 points (0.82 percent) to 15,951.90. The broad-based S&P 500 advanced 15.03…

Dow Jones and S&P 500 set new records after economic report

US stocks Wednesday rose to new records following a stream of mixed economic data on the eve of the Thanksgiving holiday. At the closing bell, the Dow Jones Industrial Average tacked on 24.21 (0.15 percent) at 16,097.01. The broad-based S&P 500 rose 4.49 (0.25 percent) to 1,807.24, also reaching a…

U.S. stocks fall as budget fight continues

US stocks Monday finished lower as a partial US government shutdown entered its second week with no sign of resolution. At the closing bell, the Dow Jones Industrial Average fell 135.76 (0.90 percent) to 14,936.82. The broad-based S&P 500 tumbled 14.31 (0.85 percent) to 1,676.19, while the tech-rich Nasdaq Composite…

Stock market tumbles as government shutdown looms

US stocks tumbled in early trade Monday as a shutdown of the government loomed after Washington lawmakers failed to bridge their differences over the federal budget. About 40 minutes into trade, the Dow Jones Industrial Average fell 125.75 (0.82 percent) to 15,132.49. The broad-based S&P 500 retreated 12.12 (0.72 percent)…

U.S. markets slide as government budget battle mounts

U.S. markets slid Friday, giving up much of the gains made on the Federal Reserve’s no-taper decision, as the country girded for a disruptive Washington budget and debt showdown. At the closing bell the Dow Jones Industrial Average was down 181.09 points (1.16 percent) at 15,455.56. The broad-based S&P 500…

U.S. stocks inching closer to record highs despite trouble for Boeing

US stocks edged higher to new record highs Friday after strong banking earnings helped offset a profit warning from UPS and fresh trouble for Boeing’s Dreamliner aircraft. At the closing bell, the Dow Jones Industrial Average rose 2.30 (0.01 percent) to 15,463.22, nudging above Thursday’s record. The S&P 500 also…

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