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NEW YORK — (AP) — Stocks are drifting Friday as a strong week for Wall Street appears to be heading for a quiet close. The S&P 500 was 0.3% higher in early trading, on pace for its third winning week in the last four and close to its highest level since early December. The Dow…
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices are moving higher. On Wednesday Boeing (ticker: BA) reported a loss of $1.75 a share. Wall Street was looking for a 20 cent loss. It was…
General Motors is investing $918 million in four U.S. plants for expanded V-8 engine production in light-duty full-size pickups and large SUVs as well as component parts for electric vehicles. GM made the announcement Friday at Flint Engine plant where GM leaders, UAW leaders and Michigan’s Lt. Gov. Garlin Gilchrist gathered. As part of the…
The stock market’s wild ride may not be done yet, but for investors with a sufficiently long investment horizon and the patience to ride out the near-term volatility, now could be the perfect time to add money to great stocks even as other investors are acting on fear or heading for the hills. © Provided…
Japan and the Netherlands are expected to restrict semiconductor chip exports to China, joining the United States in its trade war in an effort to limit the world power’s ability to develop advanced technology such as artificial intelligence and military weapons. The two countries are expected to end talks as soon as Friday that would…
But war in Ukraine has also accelerated newer forms of weaponisation, too. It has supercharged the trend towards unilateral sanctions – economic sanctions issued outside the multilateral framework of the United Nations – precipitating financial conflict between the Western coalition and Russia, the world’s largest supplier of many essential commodities. Even supposedly ‘targeted’ sanctions have been…
© Marketwatch MARKET PULSE Shares of Intel Corp. tumbled 9.6% in premarket trading, putting them on track for the worst one-day performance in 15 months, in the wake of the semiconductor maker’s fourth-quarter profit miss and warning of coming losses. The implied price decline would shave about 19 points off the Dow Jones Industrial Average’s…
9.40am: Intel stock drops on dismal earnings report US stocks edged lower at the open on Friday, following a mixed bag of corporate earnings, even as the S&P 500 is on track for a winning week. Just after the market opened, the Dow Jones Industrial Average lost 25 points to 33,924, while the…
It’s been a good month for the stock market so far, and even though the Dow Jones Industrial Average (^DJI 0.07%) hasn’t seen quite the rebound that the S&P 500 (^GSPC -0.04%) and Nasdaq Composite (^IXIC 0.04%) have enjoyed, investors are still pleased. The Dow has risen 2.4% since the beginning of 2023, clawing back…
Shares of American Express and Visa are trading higher Friday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of American Express AXP, +9.78% and Visa V, +3.33% have contributed to the index’s intraday rally, as the Dow DJIA, +0.26% was most recently trading 63 points, or 0.2%, higher. American Express’s shares have…
NEW YORK — (AP) — Stocks are drifting Friday as a strong week for Wall Street appears to be heading for a quiet close. The S&P 500 was 0.3% higher in early trading, on pace for its third winning week in the last four and close to its highest level since early December. The Dow…
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices are moving higher. On Wednesday Boeing (ticker: BA) reported a loss of $1.75 a share. Wall Street was looking for a 20 cent loss. It was…
General Motors is investing $918 million in four U.S. plants for expanded V-8 engine production in light-duty full-size pickups and large SUVs as well as component parts for electric vehicles. GM made the announcement Friday at Flint Engine plant where GM leaders, UAW leaders and Michigan’s Lt. Gov. Garlin Gilchrist gathered. As part of the…
The stock market’s wild ride may not be done yet, but for investors with a sufficiently long investment horizon and the patience to ride out the near-term volatility, now could be the perfect time to add money to great stocks even as other investors are acting on fear or heading for the hills. © Provided…
Japan and the Netherlands are expected to restrict semiconductor chip exports to China, joining the United States in its trade war in an effort to limit the world power’s ability to develop advanced technology such as artificial intelligence and military weapons. The two countries are expected to end talks as soon as Friday that would…
But war in Ukraine has also accelerated newer forms of weaponisation, too. It has supercharged the trend towards unilateral sanctions – economic sanctions issued outside the multilateral framework of the United Nations – precipitating financial conflict between the Western coalition and Russia, the world’s largest supplier of many essential commodities. Even supposedly ‘targeted’ sanctions have been…
© Marketwatch MARKET PULSE Shares of Intel Corp. tumbled 9.6% in premarket trading, putting them on track for the worst one-day performance in 15 months, in the wake of the semiconductor maker’s fourth-quarter profit miss and warning of coming losses. The implied price decline would shave about 19 points off the Dow Jones Industrial Average’s…
9.40am: Intel stock drops on dismal earnings report US stocks edged lower at the open on Friday, following a mixed bag of corporate earnings, even as the S&P 500 is on track for a winning week. Just after the market opened, the Dow Jones Industrial Average lost 25 points to 33,924, while the…
It’s been a good month for the stock market so far, and even though the Dow Jones Industrial Average (^DJI 0.07%) hasn’t seen quite the rebound that the S&P 500 (^GSPC -0.04%) and Nasdaq Composite (^IXIC 0.04%) have enjoyed, investors are still pleased. The Dow has risen 2.4% since the beginning of 2023, clawing back…
Shares of American Express and Visa are trading higher Friday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of American Express AXP, +9.78% and Visa V, +3.33% have contributed to the index’s intraday rally, as the Dow DJIA, +0.26% was most recently trading 63 points, or 0.2%, higher. American Express’s shares have…