New York – Stocks gained ground on Wall Street Friday as companies continued reporting mostly solid earnings. The S&P 500 rose 0.9% in morning trading Friday. The gains have trimmed most of the indexes losses for the week. The Dow Jones Industrial Average rose 193 points, or 0.5%, to 42,544, as of 10:11 a.m. Eastern….
New York – U.S. stocks are drifting around their all-time highs Monday, as momentum for Wall Street’s record-breaking rally cools a bit. The S&P 500 was virtually unchanged in morning trading, coming off its sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average was edging back by 106…
New York – U.S. stocks are holding steadier Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The S&P 500 was 0.2% higher in morning trading, a day after sliding from its all-time high because of tumbling energy and technology stocks. The Dow Jones Industrial Average was up 165 points,…
7-Eleven will be closing more than 400 underperforming stores in the U.S., its parent company said. The 444 stores to close are among 13,000 stores the convenience chain has in the U.S. and Canada. A list of stores to close was not released by the company, which announced the plan to shutter the stores during…
Washington — There has been a doubling of petitions by workers to have union representation during President Joe Biden’s administration, according to figures released Tuesday by the National Labor Relations Board. There were 3,286 petitions filed with the government in fiscal 2024, up from 1,638 in 2021. This marks the first increase in unionization petitions…
The S&P 500 and Dow Jones Industrial Average both achieved record highs by the end of the week, fueled by a strong kickoff to the third-quarter earnings season, which helped to offset concerns over last month’s unexpected inflation uptick. Financial institutions, including JPMorgan Chase & Co., Wells Fargo & Co., Bank of New York Mellon…
On a trip to their son’s hockey tournament in Ohio, Andrea and Ryan Maloney took a chance on a restaurant they’d never visited before. They liked it so much they decided to start one themselves. In September, they opened the first Clean Eatz in Delaware at 1128 Forrest Ave., unit C, in Dover, near Dunkin,…
It was a relatively flat week for the major stock indices as traders opted for caution following the rallies of recent weeks and amid intensifying conflict in the Middle East. A basket of U.S. oil and gas stocks recorded their strongest weekly performance in two years as oil prices and energy stocks surged, driven by…
New York – U.S. stocks are rising amid a rush of optimism Friday after a report showed U.S. employers went on a stronger spree of hiring last month. The S&P 500 was 0.3% higher in morning trading after paring a bigger gain from the open of trading. The Dow Jones Industrial Average was up 118…
New York – U.S. stock indexes are drifting around their records Friday as hopes hold that the economy can pull off the rare feat of getting painfully high inflation under control without a recession. The S&P 500 was 0.1% higher in early trading a day after setting an all-time high for the 42nd time this…