• Devon Energy misses profit estimates as costs rise

    19 days ago - By Reuters

    U.S. oil producer Devon Energy Corp on Tuesday missed Wall Street estimates for quarterly profit as expenses rose, offsetting gains from higher oil production.
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  • Baidu set to report earnings after the bell

    19 days ago - By CNBC

    U.S.-listed shares of Baidu hit an all-time intraday high of $284.22 on May 16. The stock has climbed nearly 6 percent so far in 2018.
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  • How major US stock indexes fared Tuesday

    19 days ago - By Chron

    U.S. stocks rose Tuesday following strong results from industrial and health care companies as well as a report that the U.S. and China are trying to restart trade talks. Small companies rallied.
    On Tuesday:
    The S&P 500 index picked up 13.69 points, or 0.5 percent, to 2,816.29.
    The Dow Jones Industrial Average climbed 108.36 points, or 0.4 percent, to 25,415.19.
    The Nasdaq composite advanced 41.78 points, or 0.5 percent, to 7,671.79.
    The Russell 2000 index of smaller-company stocks surged 17.67 points, or 1.1 percent, to 1,670.80.
    For the week:
    The S&P 500 is down 2.53 points, or 0.1...
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  • Devon reports quarterly loss compared with year-ago profit

    19 days ago - By Reuters

    U.S. oil producer Devon Energy Corp reported a quarterly loss compared with year-ago profit on Tuesday, hurt by higher expenses and a strong dollar.
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  • Stocks stage comeback amid hope for US-China trade talks

    Stocks stage comeback amid hope for US-China trade talks

    19 days ago - By Business Insider

    Stocks staged a comeback Tuesday after a three-session losing streak amid optimism for cooling trade tensions between the US and China and after a series of strong earnings reports. The dollar rose, and Treasury yields fell.
    Here's the scoreboard:
    Dow Jones industrial average : 25,418.10 +111.27
    S&P 500 : 2,816.67 14.07
    Nasdaq Composite : 7,671.79 +41.78
    Facebook said it uncovered and deleted a group of accounts attempting to influence the November midterm elections through a coordinated disinformation campaign. The findings resemble those related to Russian efforts to influence the...
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  • Tax cut benefits outweigh impact of tariffs, trade war, says Eric Wiegand

    19 days ago - By Reuters

    U.S. Bank's senior portfolio manager tells Reuters' Fred Katayama why he's cautiously optimistic about the prospects for equities.
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  • Equities inch higher on U.S.-China talks report

    19 days ago - By Reuters

    Stock markets edged up globally on Tuesday on a report that the United States and China were seeking to resume talks to defuse a budding trade war, while the dollar rose against the yen after the Bank of Japan said it intends to keep interest rates low.
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