Tag: Wall

Wall Street closes out brutal month with tech-led gains

NEW YORK (Reuters) – U.S. stocks rebounded for a second day on Wednesday, as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits, even as the S&P 500 closed out its worst month in seven years. The Dow Jones Industrial Average .DJI rose 241.12 points, or 0.97 percent, to 25,115.76,…

Wall Street’s 30 Days of Hell: No sleep, no meals, no family

NEW YORK—For more than a quarter century, Wall Street analyst Mike Mayo has danced to the steady beat of corporate America. His work habits, his family events, his social life, even his workouts and vacations — all have been dictated by the seemingly immutable cycle of quarterly earnings reports. Four times a year, forget about…

Wall St. mixed as U.S.-Canada trade talks end

NEW YORK (Reuters) – The S&P 500 ended flat while the Dow edged down and the Nasdaq closed higher in light trading on Friday as Canada and the United States concluded trade talks without resolution ahead of the Labor Day weekend. A trader works inside a post on the floor of the New York Stock…

Wall Street tumbles on tech sector, trade war worries

NEW YORK (Reuters) – Wall Street shares plunged on Monday as investors fled technology stocks amid resurgent trade war worries, with key indexes trading below their 200-day moving averages and the S&P 500 closing below that pivotal technical level for the first time since Britain’s vote to leave the European Union in June 2016. The…

Will Wall Street ever give up on guns?

By Laura ColbyBloombergPolly Mosendz Fri., Feb. 23, 2018 Will Wall Street ever let go of guns? That question has come up before—after the shootings in Newtown, in Orlando, in Las Vegas, and on and on. Now, with the nation’s emotions raw over the killings in Florida last week, evidence is mounting that investors may be…