Maryland money managers preached patience after a tumultuous week reintroduced volatility to the stock market, triggering headlines and frequent push alerts from news services. The Dow Jones Industrial Average and S&P 500 dipped into a correction this week, but the underlying ...Read More »
The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market. S&P Dow Jones Indices said Tuesday ...Read More »
NEW YORK — The Dow Jones industrial average is punching through another milestone: its first close above 15,000. The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent. It was another milestone in the market’s epic ...Read More »
WASHINGTON — U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders and more jobs. The increase is a hopeful sign that the economy may be improving after a weak stretch. The Institute ...Read More »
NEW YORK — The Dow Jones industrial average is dumping Cool Whip for copays. The Dow, perhaps the most widely known barometer of the U.S. stock market, announced Friday that it would boot Kraft Foods to make room for UnitedHealth ...
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WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to boost growth if hiring remains weak. The Fed took no new action after a two-day policy meeting. ...
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LONDON — A disappointing U.S. retail sales report weighed on stock markets Monday but helped the euro clamber off two-year lows against the dollar. The U.S. Commerce Department reported that retail sales fell 0.5 percent in June from the previous ...Read More »
WASHINGTON — U.S. stock exchanges and markets must establish a uniform system for tracking all orders and trades under a rule approved Wednesday. The Securities and Exchange Commission said the requirement is intended to make it easier for the government ...Read More »
NEW YORK — Americans grew much gloomier about the economy in May, causing a critical measure of consumer confidence to suffer its biggest decline in eight months and ending a period of steady optimism. Worries about jobs, housing and the ...
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WASHINGTON — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose. The strength at U.S. factories suggests the economy is healthier than recent data had indicated. That’s ...
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