• Strong results, bargain-hunting help Wall Street bounce back from rout

    20 days ago - By Reuters

    U.S. stocks gained on Thursday, as Microsoft's strong earnings helped Nasdaq-listed companies stage a rebound from the tech-heavy index's worst decline since 2011 in the previous session.
    Read more ...

     

  • Tech stocks are soaring as Microsoft and Tesla deliver big beats

    Tech stocks are soaring as Microsoft and Tesla deliver big beats

    20 days ago - By Business Insider

    Stocks were racing higher Thursday, with the tech-heavy Nasdaq leading the way.
    Strong corporate earnings provided support.
    On Wednesday, the major averages wiped out their gains for the year.
    US stocks made a comeback Thursday, the day after the major averages wiped out their gains for the year. Buoyed by solid corporate earnings, Thursday's advance has traders putting worries about rising interest rates and the prospect of a slowdown in global economic growth on the back burner - at least for a day.
    The tech-heavy Nasdaq led the way higher after sliding into a correction Wednesday when...
    Read more ...

     

  • A day after a rout, US stocks turn higher on solid earnings

    20 days ago - By Chron

    NEW YORK - Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning, a respite after three weeks of extremely volatile trading marked by steep losses.
    The S&P 500 index rose 1.2 percent. It plunged 9 percent since early this month as investors worried about climbing interest rates and the effects of the U.S-China trade dispute.
    Encouraging economic news helped stabilize markets. The Commerce Department said orders to U.S. factories for major manufactured goods grew in September, and the increase was larger than analysts expected.
    Read more ...

     

  • Markets Right Now: Strong earnings send stocks higher

    20 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    11:45 a.m.
    Strong results from major companies including Microsoft, Visa and Comcast are sending stocks higher on Wall Street.
    The gains Thursday were a respite after three weeks of extremely volatile trading marked by steep losses.
    Microsoft jumped 5.4 percent, Visa rose 2.9 percent and Comcast climbed 3.3 percent.
    Tesla soared 8.3 percent after reporting its biggest-ever profit, and appliance maker Whirlpool rose 5.8 percent.
    European markets also rose.
    The S&P 500 index rose 43 points, or 1.6 percent, to 2,699.
    The Dow Jones...
    Read more ...

     

  • Microsoft leads Wall Street fightback from Wednesday's rout

    20 days ago - By Reuters

    U.S. stocks rose on Thursday, as strong earnings from Microsoft helped Nasdaq-listed companies stage a rebound from the tech-heavy index's worst decline since 2011 in the previous session.
    Read more ...

     

  • Asian Markets Fall After Sharp Losses On Wall Street

    Asian Markets Fall After Sharp Losses On Wall Street

    20 days ago - By NPR

    The U.S. market wiped out its 2018 gains on Wednesday. Japan's Nikkei 225 index sank sharply on the open but leveled off, regaining some lost ground.
    Read more ...

     

  • Tech Earnings Provide a Breather From the Selling

    20 days ago - By NY Times

    Strong earnings reports by Twitter, Microsoft and Tesla have helped lift the market after a brutal day of trading on Wednesday.
    Read more ...

     

  • A day after a rout, US stocks turn higher on solid earnings

    20 days ago - By Chron

    NEW YORK - Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines.
    The S&P 500 index rose 1 percent. It plunged 9 percent since early this month as investors worried about climbing interest rates and the effects of the U.S-China trade dispute.
    Encouraging economic data helped stabilize markets. The Commerce Department said orders to U.S. factories for major manufactured goods grew in September, and the increase was larger than analysts expected.
    Read more ...

     

  • Wall Street rises as technology stocks gain

    20 days ago - By Reuters

    U.S. stocks gained on Thursday, as strong corporate earnings, including from software company Microsoft and automaker Ford, helped ease nerves following a steep selloff in the prior session that sent the Nasdaq into correction territory.
    Read more ...

     

  • Wall Street opens higher helped by strong Microsoft earnings

    20 days ago - By Reuters

    U.S. stocks opened higher on Thursday as a slew of strong earnings reports from companies including Microsoft and Ford helped lift sentiment.
    Read more ...