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U.S. Stocks Tank as Political Jitters, Weak Earnings Trigger Broad Selling

Posted on August 18th, 2017.

U.S. stocks just posted their biggest decline in three months, as disappointing earnings and political jitters drove volatility through the roof. Wall Street Slams on the Breaks Stocks declined across the board on Thursday, with the S&P 500 Index falling 1.5% to 21,750.73. All 11 sectors tracked by the large-cap index finished in...

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Wall Street’s Double-Digit Earnings Set to Continue Despite Political Impasse

Posted on August 8th, 2017.

U.S. stocks rose to fresh highs on Monday, with the Dow Jones Industrial Average notching its ninth consecutive record close on the back of double-digit earnings from Wall Street companies. Record-Setting Rally Continues The 30-company Dow Jones index climbed 25.61 points, or 0.1%, to 22,118.42 on Monday. The blue-chip index has risen in...

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Tech Rollover Weighs on S&P 500 and Nasdaq; Verizon Earnings Propel Dow to New Highs

Posted on July 28th, 2017.

U.S. stocks finished mostly lower on Thursday but avoided bigger losses after upbeat corporate earnings offset a volatile tech sector. Tech Sector Rollover After a spectacular month of gains, technology shares declined sharply on Thursday. Profit-taking was the likely culprit for the decline. The S&P 500’s technology index...

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