• Trump's tax law sent stocks soaring - but now his trade war is hurting the market's biggest driver, and threatening to erase all his progress

    14 days ago - By Business Insider

    As investors look ahead to 2019 earnings, they're becoming more worried about the impact of US trade policy on profit growth.
    This had a limited effect on the stock market until recently, when many companies started detailing how badly they expect tariffs to hurt their bottom lines.
    The trade war worsened a sell-off that wiped the stock market's gains for 2018, and now threatens to undo the positive effects of tax cuts.
    President Donald Trump rarely brags about the stock market on Twitter these days.
    He has instead turned to other issues during the market's sharp correction - one that's...
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  • Helped by solid earnings, US stock indexes turn higher again

    Helped by solid earnings, US stock indexes turn higher again

    14 days ago - By Chron

    NEW YORK - Stocks are climbing Tuesday as investors were encouraged by solid earnings reports from several big U.S. companies.
    Oreo maker Mondelez rose and athletic gear maker Under Armour soared after reporting their latest quarterly results. Banks rose as interest rates climbed.
    Utilities and real estate investment trusts also moved higher. They've done far better than the rest of the stock market recently as trading turned volatile this month.
    European stocks fell following a report that the region's economy slowed down in the third quarter.
    KEEPING SCORE: The S&P 500 index added 22...
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  • Markets Right Now: Solid earnings send US stocks higher

    14 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    11:45 a.m.
    Stocks are solidly higher on Wall Street at midday after several companies released encouraging earnings reports.
    Oreo maker Mondelez International climbed 3.8 percent Tuesday, and athletic clothing maker Under Armour soared 25 percent. American Tower jumped 5.4 percent.
    General Electric plunged 8 percent to its lowest level since early 2009 after slashing its dividend and disclosing a criminal probe into its accounting.
    The S&P 500 index rose 21 points, or 0.8 percent to 2,661.
    The Dow Jones Industrial Average climbed...
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