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U.S. stocks close mostly higher as investors take escalating trade tensions in stride

U.S. stocks closed mostly higher Wednesday as investors took escalating trade tensions in stride to instead focus on improving economic fundamentals even as a weak technology sector hobbled the Nasdaq. How did major benchmarks fare? The Dow Jones Industrial Average DJIA, +0.61% gained 158.80 points, or 0.6%, to 26,405.76, leaving it less than 1% from


Apple’s iPhone XS and XS Max Are Good Enough to Win Over Owners of Older iPhones

As expected, reviewers mostly judge the iPhone XS and XS Max to be just incrementally better than the iPhone X. It’s worth keeping in mind, however, that most potential iPhone XS buyers won’t be iPhone X owners. Rather, they’ll be owners of an iPhone 7 or an older Apple (AAPL) smartphone — products that the


Tariffs ‘will stifle our global leadership in 5G, create an internet tax on businesses and cause uncertainty for companies,’ CTA says

While Apple Inc. and the smartwatch business is safe from the latest tariffs the Trump administration enacted against China, there are many other potential areas of tech that could be hurt by the levies on $200 billion in Chinese goods. Late Monday, the Office of the U.S. Trade Representative issued a final list of goods


Dow, S&P 500 Close Slightly Higher, Nasdaq Slips

Here Are 3 Hot Things to Know About Stocks Right Now Apple Inc.  (AAPL)  declined 1.2% as the tech giant announced its latest iPhones. Micron Technology Inc. (MU)  fell 4.3% after Goldman Sachs lowered its rating on the chipmaker. The Producer Price Index, which measures inflation at the wholesale level, declined 0.1% in August, the first drop

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Stock market logs weekly loss as Trump hints at more China tariffs

U.S. stocks closed lower Friday to retreat for the week after President Donald Trump said the U.S. had tariffs ready to go on another $267 billion in Chinese goods, on top of tariffs on $200 billion in goods the administration is now preparing. Friday’s drop marks the S&P 500 and the Nasdaq’s fourth straight decline.

PARIS, FRANCE - DECEMBER 01:  The Apple logo is displayed on the facade of the new Apple store Saint Germain during the press day on December 01, 2016 in Paris, France. On December 3, Apple will inaugurate and open its new Apple store to the public at the "Marche Saint-Germain" (Saint Germain market).  (Photo by Chesnot/Getty Images)

Apple Stock Looks Even More Amazing With Chip Stocks Being Smashed

Don’t let KLA-Tencor’s (KLAC)  bearishness scare you away from staying long Apple (AAPL) . The Philadelphia Semiconductor Index, a measure of chip stock performance known as the ‘SOX’, dropped 2.5% on Thursday on dreary comments from KLA-Tencor’s chief financial officer Bren Higgins. “It feels [December quarter] like it will be up a little less than

Morgan Stanley

U.S. stocks close mostly lower as tech sector has worst day in over a month

U.S. stocks closed mostly lower Wednesday with the technology sector logging its worst single-day decline since late July, triggering an outsize drop in the Nasdaq. The weakness in tech stocks came as Facebook Inc. and Twitter Inc. executives testified on Capitol Hill about online misinformation. Trade-related concerns also weighed on the market, with the U.S.


Pending home sales stumble as housing market momentum wanes

The numbers: Pending-home sales declined 0.7% in July, the National Association of Realtors said Wednesday. What happened: NAR’s index, which tracks real-estate transactions in which a contract has been signed but the transaction hasn’t yet closed, fell to a reading of 106.2, missing the consensus forecast of a flat reading. It was the seventh-straight month