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U.S. Stocks Edge Higher as Crude Rally Offsets Slump in Biotech
2016-04-09 02:49:56| Biotech - Topix.net
U.S. stocks edged higher, with the Standard & Poor's 500 Index trimming the worst weekly slide in two months, as a surge in crude that boosted energy shares offset a slump in biotechnology shares. The S&P 500 climbed 0.2 percent to 2,047.63 at 4 p.m. in New York, remaining in a range it's held since the Federal Reserve's last policy meeting on March 16. The index rose as much as 0.9 percent Friday, and closed down 1.2 percent in the week, the most since Feb. 5. Equities have swung between gains and losses in the five days as investors search for clues on the strength of the American economy ahead of what is forecast to be the worst earnings season since the financial crisis.
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US stocks edge mostly lower, led by energy sector
2016-04-02 03:43:36| Oil & Gas - Topix.net
U.S. stocks are mostly lower in morning trading, led by energy companies as the price of oil drops. Hotel operators Starwood and Marriott are sliding after Anbang Insurance, the Chinese company that sought to buy Starwood, walked away from its offer.
US stocks edge mostly lower, led by energy sector
2016-04-01 22:37:34| Energy - Topix.net
U.S. stocks are mostly lower in morning trading, led by energy companies as the price of oil drops. Hotel operators Starwood and Marriott are sliding after Anbang Insurance, the Chinese company that sought to buy Starwood, walked away from its offer.
US stocks edge mostly higher in early trading
2016-02-25 18:54:14| Energy - Topix.net
Stocks are eking out slight gains in early trading as the market builds on a modest climb from the day before. Salesforce.com jumped 9 percent after delivering a strong forecast for the year, and Newfield Exploration rose 6 percent after its earnings came in ahead of what analysts were expecting.
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US stocks edge higher
2015-11-26 08:42:28| Industrial Machines - Topix.net
Wall Street advanced overnight, helped by Pfizer and Wal-Mart, as the latest raft of durable goods and housing data provided further evidence that the US economy is gathering pace. In New York trading at about 12.34pm, the Dow Jones industrial average gained 0.2 percent.
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stocks edge