Stocks Post Third Week of Gains

U.S. stocks closed modestly higher Friday, giving the market its third straight week of gains. Consumer staples and health care stocks were among the biggest risers as investors assessed the latest company earnings and economic news. After several weeks speculating about the implications of a slowdown in China and the timing of an interest rate increase by the Federal Reserve, traders are squarely tuned into company earnings as they...

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Yuan, Oil Stabilize, Giving Stocks a Lift
Aug16

Yuan, Oil Stabilize, Giving Stocks a Lift

New York — A rocky week for the stock market ended on a bright note as investors bought stocks across industries. Stocks wavered Friday morning before climbing steadily during the afternoon amid a mix of earnings results. The market also got a lift as China’s currency steadied after a slump earlier in the week that shook financial markets around the world. The gains were modest but broad, with nine of the 10 sectors of the Standard...

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Stocks Slip on Jobs , Greek Fears

New York — Stocks ended a short and tumultuous trading week with slight losses on Thursday as investors sought safety ahead of an extended holiday weekend. Investors bought at the opening of trading after a Labor Department report on job creation suggested the economy was improving, though not so fast as to raise the specter of inflation and higher interest rates. But the gains vanished after a downbeat report from the International...

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Stocks End Lower as Greece Deadline Looms

New York — Stocks had a mixed day Friday, as investors waited for negotiators to finish their work on a solution to Greece’s debt problems. Chinese stocks plunged 7 percent as fears spread that a yearlong bull rally there has become overheated. China’s benchmark index is still up more than double over the past year. The Dow Jones industrial average added 56.32 points, or 0.3 percent, to 17,946.68. It was largely lifted by Nike, which...

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Stocks Jump After Solid Hiring Gains
May10

Stocks Jump After Solid Hiring Gains

New York — The U.S. stock market had its best day in two months Friday following good news about the job market. The surge was enough to push two of the three major U.S indexes to gains for the week. Investors were encouraged that U.S. employers added 223,000 jobs in April, a solid gain suggesting that the economy may be recovering after a stumbling start to the year. While the jobs report is always closely watched, April’s survey...

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