• China Nov 15, 2019

    US Stock Indexes End Week of Milestones With More New Highs

    Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Health care and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth straight weekly gain. The Dow extended its streak of...

  • Europe Sep 2, 2019

    Global Stocks Mixed After US and China Increase Tariffs

    European stock markets drifted higher Monday while Asia was mixed after the U.S. and China escalated their war over trade and technology with new tariff increases. U.S. markets were closed for the Labor Day holiday, draining some of the energy from global trading. Benchmarks in London, Paris and Shanghai advanced. Tokyo and Hong Kong declined. Markets reacted less strongly to...

  • CEO Jul 31, 2019

    Impossible Foods, Others, Use Partners to Expand

    After months of shortages, Impossible Foods is partnering with a veteran food production company to ramp up supplies of its popular plant-based burgers. The Redwood City, Calif.-based startup is partnering with OSI Group, an original supplier to McDonald’s and one of the world’s largest food producers. OSI, based in Aurora, Ill., will immediately begin production of the Impossible Burger at...

  • Donald Trump May 14, 2019

    US Targets $300B in Chinese Goods for New Tariff Hikes, But Stocks Broadly Rise

    U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to “fight to the finish” in an escalating trade battle that is fueling fears about damage to global economic growth. The U.S. Trade Representative’s Office issued its target list after Beijing announced tariff hikes Monday on $60 billion of American goods in their...

  • Donald Trump May 13, 2019

    Dow Drops More Than 600 Points, Posts Worst Day Since January as China Trade War Escalates

    Stocks fell sharply on Monday after China decided to raise tariffs on some U.S. goods as the ongoing trade war between the world’s largest economies intensifies. The Dow Jones Industrial Average dropped 617.38 points, or 2.4%, to 25,324.99 and posted its worst session since Jan. 3. The S&P 500 also had its worst day since early January, falling 2.4% to...

  • Donald Trump May 13, 2019

    From Tequila to TV Cameras — Here Is a List of US Goods China Is Targeting With a 25% Tariff

    China upped the ante Monday in the ongoing tit-for-tat trade war between the world’s top economies. Beijing said it will raise tariffs on $60 billion in U.S. goods on June 1 in retaliation for President Donald Trump’s decision last week to hike duties on Chinese goods. This includes raising tariffs on more than 5,000 U.S. products to as high as...

  • Donald Trump May 7, 2019

    Worsening US-China Trade Tensions Rattle Financial Markets

    The Dow Jones Industrial Average tumbled more than 470 points Tuesday amid a broad sell-off on Wall Street as the U.S. and China moved closer to an escalation of their already costly trade war. The U.S. was set to impose higher tariffs on China on Friday, a day after representatives from both nations are scheduled to resume trade talks in...

  • United States Apr 23, 2019

    S&P 500, Nasdaq Close at Record Highs as Earnings Roll in

    The S&P 500 hit an all-time high Tuesday, marking the stock market’s complete recovery from a nosedive at the end of last year. The benchmark index’s previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S. and China, and concern the Federal Reserve...

  • China Jan 3, 2019

    Stocks Dive After Apple Says iPhone Sales in China Slowed

    Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales in China are slumping. The rare warning of disappointing results from Apple reinforced investors’ fears that the world’s second-biggest economy is losing steam and that trade tensions between Washington and Beijing are making things worse. The Dow Jones...

  • United States Jan 1, 2019

    US Stocks End Dismal, Volatile Year on a Bright Note

    Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade. After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply after early October, leaving them all in the red for the year. The S&P 500 index,...

  • United States Jan 1, 2019

    US Stocks End Dismal, Volatile Year on a Bright Note

    Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade. After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply after early October, leaving them all in the red for the year. The S&P 500 index,...

  • Donald Trump Dec 25, 2018

    Japan Stocks Plunge, Other Asia Markets Fall After US Losses

    Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump’s attack on the U.S. central bank. Markets have been roiled by concerns about a slowing global economy, the trade dispute with China and another interest rate increase by the Fed. Trump’s Monday morning tweet heightened fears about the economy being destabilized...

  • United States Dec 22, 2018

    A Decade-Long Rally on Wall Street Looks Like It's Ending

    After almost 10 years, Wall Street’s rally looks like it’s ending. Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 to 26 percent from their highs this summer and fall. Barring huge gains during the upcoming holiday period, this will be the...

  • United States Dec 21, 2018

    Dow Sinks Another 464 Points as Slowdown Fears Worsen

    It was another miserable day on Wall Street as a series of big December plunges continued, putting stocks on track for their worst month in a decade. The Dow Jones Industrial Average dropped 464 points Thursday, bringing its losses to more than 1,700 points since Friday. The benchmark S&P 500 index has slumped 10.6 percent this month and is almost...

  • China Dec 17, 2018

    Dow Jones Industrials Take Second Straight 2-Percent Plunge

    Another day of big losses knocked U.S. stocks to their lowest levels in more than a year Monday. Selling was widespread. Investors dumped high-growth technology and retail companies as well as steadier, high-dividend companies. Hospitals and health insurers slumped after a federal judge in Texas ruled that the 2010 Affordable Care Act is unconstitutional.

  • China Dec 14, 2018

    Dow Dives About 500 Points to Its Lowest Close Since May

    Stocks fell sharply on Friday after weaker-than-expected data in China and Europe exacerbated concerns of a global economic slowdown. The Dow Jones Industrial Average fell 496.87 points to 24,100.51, its lowest level since early May, led lower by declines in Apple and Johnson & Johnson. For the year, the Dow is now down 2.5 percent. The S&P 500 dropped 1.9...

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