Author: Alex Veiga

Investors jumped on a wave of strong corporate financial results Friday, propelling stocks higher for the third time in five days. The gains wiped out much of the market’s losses from the day before, when the downing of a Malaysian Airlines passenger jet in eastern Ukraine stirred concerns that tensions between Russia and the West…

Major stock indexes rebounded Wednesday, finishing higher for the third time in four days and lifting the Dow Jones industrial average to its second record close this month. Investors had lots of market-moving news to consider, including encouraging corporate earnings from Intel, a higher profit forecast from hospital operator HCA Holdings and a pickup in…

The Federal Reserve’s latest take on the U.S. economy put many investors into sell mode Tuesday, sending stocks mostly lower after a brief upward turn early in the day. Fed Chair Janet Yellen, speaking before Congress, said the U.S. economy has yet to recover fully, but raised the possibility the central bank could raise its…

Stocks shook off last week’s doldrums and finished sharply higher Monday, driven by a round of corporate deal news and strong earnings from Citigroup. Investors cheered AECOM Technology’s $4 billion acquisition of engineering and construction services company URS Corp., sending URS’ stock up 11.6 percent and AECOM 8.6 percent. Citigroup rose 3 percent after the…

Stocks inched past more milestones Friday, delivering the third consecutive record-high close for the Standard & Poor’s 500 index and a new high for the Dow Jones industrial average. The S&P 500 is now up 6.2 percent for the year, while the Dow is up 2.2 percent. The major stock indexes all finished ahead for…

Investors remained in a record-setting mood Thursday. The Standard & Poor’s 500 index closed at an all-time high for the second time in two days and notched its fifth gain in five days. The Dow Jones industrial average and Nasdaq composite ended mixed after drifting between small gains and losses for much of the day.…

The Federal Reserve’s latest economic update reversed a listless slide for stocks Wednesday, propelling the Standard & Poor’s 500 index to another record-high close. The central bank’s statement reassure investors on two fronts: The Fed sees improvement in the U.S. job market and signs of just modest inflation, but it also intends to continue keeping…

Stocks rebounded from a downbeat start Tuesday, building on small gains for the third day in a row. News that U.S. consumer prices jumped sharply in May drove up long-term interest rates, setting the stage for the turnaround as investors bid up shares in financial stocks such as E-Trade Financial, Charles Schwab and Goldman Sachs.…