Late rally erases steep losses on Wall Street
NEW YORK — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday.
May 23 2012 | Posted in AP News | Read More »
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Stock market decline is muted, despite bank slump
JPMorgan’s surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, with smaller declines across the broader market as investors decided this was more of a problem for investment banks than for other industries.
May 11 2012 | Posted in AP News | Read More »
US stocks fall as Europe doubts bubble to surface
Fear of European debt is once again playing havoc with Wall Street.
May 9 2012 | Posted in AP News | Read More »
Austerity now dirty word in Europe, but what next?
PARIS — The day after Francois Hollande rode to power in France on a slogan of “change now,” the conversation in Europe was already different Monday: Austerity had become a dirty word.
May 7 2012 | Posted in AP News | Read More »
US manufacturing grows at fastest pace since June
WASHINGTON (AP) — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose.
May 1 2012 | Posted in AP News | Read More »
Apple’s blowout quarter propels Nasdaq to big gain
NEW YORK — The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker’s stock climbed $50 after the company once again blew past Wall Street’s profit forecasts.
Apr 25 2012 | Posted in AP News | Read More »
Worst loss for Dow this year as stocks slump again
NEW YORK — The stock market suffered its worst loss of the year Tuesday because of uncertainty about coming corporate earnings reports and concerns that the borrowing costs of Spain are creeping close to a crisis level.
Apr 10 2012 | Posted in AP News | Read More »
US factory output rises, but construction falls
WASHINGTON — U.S. factories stepped up hiring and production in March, the latest evidence that manufacturing is growing at a healthy pace and fueling the recovery.
Apr 2 2012 | Posted in AP News | Read More »