Strong earnings from Wal-Mart, Cisco drive US stocks higher | Nation | postbulletin.com

Post Bulletin| Thu Nov 16 10:06:39 EST 2017
Strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies drove U.S. stocks higher in morning trading Thursday as the market bounced back from a modest decline a day earlier. Technology companies, consumer product makers and health care stocks accounted for some of the biggest gains. Energy and utilities stocks declined. KEEPING SCORE: The Standard & Poor's 500 index rose 25 points, or 1 percent, to 2,589 as of 2:15 p.m. Eastern Time. The Dow Jones industrial average gained 218 points, or 0.9 percent, to 23,490. The Nasdaq composite index added 99 points, or 1.5 percent, to 6,805. The Russell 2000 index of smaller-company stocks picked up 20 points, or 1.4 percent..

Related Articles

Strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies drove U.S. stocks higher in morning trading Thursday as the market bounced back from a modest decl....
Post Bulletin| Thu Nov 16 10:06:39 EST 2017
Strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies drove U.S. stocks higher in morning trading Thursday as the market bounced back from a modest decl....
Post Bulletin| Thu Nov 16 10:38:45 EST 2017
Technology companies led a broad slide for U.S. stocks in afternoon trading Wednesday. Consumer-focused companies also accounted for a big slice of the losses. Energy stocks declin....
Pos Bulletin| Wed Nov 15 10:04:50 EST 2017
Technology companies led U.S. stocks lower Wednesday, giving the market its biggest loss since early September. Grocery stores and packaged foods and beverage companies also accoun....
Pos Bulletin| Wed Nov 15 13:36:31 EST 2017
U.S. stocks declined in morning trading Wednesday as investors weighed a batch of economic data and company earnings. The slide was broad, with technology stocks and consumer-focus....
Pos Bulletin| Wed Nov 15 07:48:47 EST 2017
U.S. stocks declined in early trading Wednesday as investors weighed a batch of economic data and company earnings. The slide was broad, with technology companies and banks account....
Post Bulletin| Wed Nov 15 07:04:42 EST 2017
SEOUL, South Korea (AP) — Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on Wall Street overnight. But analyst....
Post Bulletin| Wed Nov 15 19:28:13 EST 2017
SEOUL, South Korea (AP) — Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on Wall Street overnight. But analyst....
Post Bulletin| Wed Nov 15 19:36:33 EST 2017
TOKYO (AP) — Shares fell in Asia on Wednesday, tracking modest losses overnight on Wall Street, where the biggest drop in crude oil prices since October weighed on oil producers an....
Pos Bulletin| Tue Nov 14 19:52:15 EST 2017
Wal-Mart's same-store sales for its U.S. locations climbed for the 13th-consecutive quarter, as the big-box retailer cited a bright spot in its food business and a boost from shopp....
CNBC| Thu Nov 16 04:00:08 EST 2017
NEW YORK (AP) — Best Buy Co. on Thursday reported a boost in fiscal third-quarter profit and sales, but its results and outlook fell short of Wall Street expectations. The consumer....
Post Bulletin| Thu Nov 16 04:52:21 EST 2017
NEW YORK (AP) — Best Buy Co. on Thursday reported a boost in fiscal third-quarter profit and sales, but its results and outlook fell short of Wall Street expectations. The consumer....
Post Bulletin| Thu Nov 16 05:00:28 EST 2017
Small-caps were surging along with the broader market Thursday as the House passed its tax bill, and for the sector to keep rallying, tax reform needs to look like it will get thro....
CNBC| Thu Nov 16 13:00:08 EST 2017
In earnings, Wal-Mart, Viacom and Best Buy are just some of the names set to report The future of a tax reform deal in the U.S. is expected to shake up sentiment Thursday CNBC.com ....
CNBC| Thu Nov 16 04:00:08 EST 2017
The S&P 500 gained 0.6 percent, with consumer staples and information technology as the best-performing sectors. NetApp, which rose more than 16 percent, and Wal-Mart were the ....
CNBC| Thu Nov 16 07:00:09 EST 2017
On Wednesday, the Dow Jones industrial average futures fell more than 100 points at 5:00 a.m. ET In earnings, Tencent, Target, Cisco Systems and L Brands are set to publish their l....
CNBC| Wed Nov 15 01:57:05 EST 2017
Target on Wednesday reported a bigger-than-expected increase in quarterly same-store sales, a positive sign for the big-box retailer's turnaround plan. Target also raised its earni....
CNBC| Wed Nov 15 04:00:08 EST 2017
RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Thursday reported fiscal third-quarter profit of $239 million. The Richfield, Minnesota-based company said it had net income of 78 cen....
Post Bulletin| Thu Nov 16 04:04:10 EST 2017
Wal-Mart isn't afraid of Amazon. No, not even in the slightest. The big-box retailer is laser-focused on internal initiatives, according to Wal-Mart's head of U.S. e-commerce, Marc....
CNBC| Thu Nov 16 10:00:13 EST 2017
THE LIGHTBULB Senate Energy and Natural Resources Chair Sen. Lisa Murkowski (R-Alaska) speaks during a hearing on hurricane recovery on Nov. 14. (AP Photo/Jacquelyn ....
The Washington Post| Thu Nov 16 07:00:06 EST 2017
Barnes & Noble shares jumped as much as 16 percent Thursday afternoon after The Wall Street Journal reported an activist investor has proposed a deal to take the bookseller pri....
CNBC| Thu Nov 16 10:00:12 EST 2017
Shanghai Pharmaceuticals has agreed to buy Cardinal Health's China drug distribution business for $557 million, winning a highly competitive auction in a move that will greatly exp....
CNBC| Wed Nov 15 04:00:09 EST 2017
Alphabet's Google reclaimed on Tuesday its spot as the default search engine on Mozilla's Firefox internet browser in the United States and other regions as the browser maker stunn....
CNBC| Wed Nov 15 04:00:08 EST 2017
Chinese tech giant Tencent wants a closer relationship with Snap, the company's president said on its earnings call Wednesday. "When we look at Snap's business we continue to feel ....
CNBC| Wed Nov 15 07:00:21 EST 2017
The IPO market is heating up again, but some fatigue may be setting in. Six IPOs are set to price Thursday night, one of the busiest days of the year. The most widely known of the ....
CNBC| Thu Nov 16 13:00:09 EST 2017
Coca-Cola will never say never on getting into the booze space, but it doesn't make sense right now, CEO James Quincey told CNBC on Thursday. Analysts have recently speculated whet....
CNBC| Thu Nov 16 07:00:09 EST 2017
Global fund manager Aberdeen Standard Investments fully supports activist investor Elliott Management's push for widespread structural changes at mining giant BHP Billiton, a senio....
CNBC| Wed Nov 15 04:00:09 EST 2017
The White House on Wednesday made public for the first time the rules by which the government decides to disclose or keep secret software flaws that can be turned into cyberweapons....
The Washington Post| Wed Nov 15 16:00:13 EST 2017
A slew of economic data and speeches by Federal Reserve members are set to take place Thursday The U.S. Treasury is set to auction $11 billion in 9-year and 8-month TIPS CNBC.com U....
CNBC| Thu Nov 16 04:00:08 EST 2017
Tesla plans to reveal an electric commercial truck on Thursday night, which CEO Elon Musk said will "blow your mind out of your skull and into an alternate dimension." That dimensi....
CNBC| Thu Nov 16 10:00:13 EST 2017
Buffalo Wild Wings is hoping to forge a successful turnaround after more than a year of sluggish sales and it's betting heavily on tech to make it happen. In October, the company r....
CNBC| Wed Nov 15 07:00:21 EST 2017
Cisco's profit margins were pressured by higher pricing and legal settlements, but sales were boosted by the company's growing security business and subscription software. The comp....
CNBC| Thu Nov 16 07:00:15 EST 2017
Consumer Financial Protection Bureau Director Richard Cordray speaks during the 2017 Cincinnati AFL-CIO Labor Day Picnic on Sept. 4 at Coney Island in Cincinnati. (Kareem Elgazzar/....
The Washington Post| Wed Nov 15 10:00:06 EST 2017
"They don't know if they're going out for beer and buffalo wings or if they're going to be eating a pre-planned dinner so it's a last-minute, spontaneous decision. And having a mea....
CNBC| Wed Nov 15 07:00:14 EST 2017
DETROIT (AP) — After more than a decade of making cars and SUVs — and, more recently, solar panels — Tesla Inc. wants to electrify a new type of vehicle: big trucks. The company wi....
Pos Bulletin| Thu Nov 16 16:24:25 EST 2017
NEW YORK (AP) — Every fall, the staff count at Fun.com swells from 150 to as high as 2,000, as the online retailer fills orders for Halloween costumes and decor. The company offers....
Post Bulletin| Wed Nov 15 07:04:42 EST 2017
  House Speaker Paul D. Ryan (R-Wis.) changed his talking point on taxes after an inquiry from the Fact Checker. His original point was still misleading. (Meg Kelly/The Washin....
The Washington Post| Thu Nov 16 04:05:03 EST 2017
The day after Munjal Shah sold his company to Google in 2010, he was running when he experienced sharp chest pains. He ended up in the emergency room. He was 37 years old at the ti....
CNBC| Wed Nov 15 04:00:09 EST 2017

You May Also Like To Read

NEW YORK (AP) — A cautious outlook on the crucial holiday season overshadowed progress Target made in bringing more customers to its stores, pulling its shares down sharply. The sh....
Post Bulletin| Wed Nov 15 07:56:23 EST 2017
MINNEAPOLIS (AP) — A cautious outlook on the crucial holiday season overshadowed a strong quarter from Target, pulling shares down sharply before the opening bell and the shares of....
Pos Bulletin| Wed Nov 15 04:04:06 EST 2017
Viacom, owner of MTV, Comedy Central, and Paramount, reported mixed quarterly results Thursday as higher-than-expected revenue in its film unit and improved domestic ad sales offse....
CNBC| Thu Nov 16 07:00:10 EST 2017
Physical stores are still a vital component to retailers' businesses, Target Chief Executive Brian Cornell told CNBC's "Squawk on the Street" Wednesday morning. Over half of Target....
CNBC| Wed Nov 15 07:41:07 EST 2017
Folgers coffee maker J.M. Smucker's sales and profit topped analysts' forecasts in the second quarter, as it reined in costs and benefited from higher prices for products such as J....
CNBC| Thu Nov 16 07:00:10 EST 2017
"In terms of sheer price action and in terms of the yield curve, no I don't think this is a dire warning yet," said David Ader, macro strategist at Informa Financial Intelligence. ....
CNBC| Wed Nov 15 13:00:13 EST 2017
Best Buy reported on Thursday disappointing third-quarter results and forecast holiday-quarter profit below Wall Street's estimates as the company cuts prices to match those offere....
CNBC| Thu Nov 16 04:00:08 EST 2017
Traders have another potential stock play on bitcoin: Square. Jack Dorsey's company is testing support for bitcoin through its Cash payments app. "We're exploring how Square can ma....
CNBC| Wed Nov 15 07:00:14 EST 2017
Procter & Gamble has acquired natural deodorant brand Native, the company said Wednesday. Native has built up an online following on its website. The deal will help P&G bro....
CNBC| Wed Nov 15 10:00:09 EST 2017
U.S. government debt prices were higher Wednesday, as investors turned their attention to the latest cluster of economic data, while digesting speeches by members of the Federal Re....
CNBC| Wed Nov 15 01:57:05 EST 2017
The workings of the committee that determines which stocks stay in and which ones drop out of the blue chip index are a bit mysterious. For example, there's no clear price threshol....
CNBC| Wed Nov 15 07:41:06 EST 2017
U.S. retail sales unexpectedly rose in October as an increase in purchases of motor vehicles and a range of other goods offset a decline in demand for building materials, suggestin....
CNBC| Wed Nov 15 04:48:06 EST 2017
S&P Dow Jones Indices on Wednesday said it would combine telecommunication and media and entertainment company shares into a single sector in a long-anticipated overhaul of its....
CNBC| Wed Nov 15 16:00:36 EST 2017
Shares of Pandora jumped over 4 percent in middday trading trading Thursday after BMO Capital Markets upgraded its outlook on shares of the music streaming company. Pandora's move ....
CNBC| Thu Nov 16 07:00:09 EST 2017
Bitcoin has again recovered quickly from a sharp drop. In the established stock market, a decline of at least 10 percent from a recent high sends a stock into "correction" territor....
CNBC| Wed Nov 15 07:21:10 EST 2017
Maybe the worst has passed for General Electric after the company dropped more than 12 percent in two days and saw its worst trading day since 2009. The company rebounded above $18....
CNBC| Wed Nov 15 10:35:07 EST 2017
Citing the "extreme deterioration" in the company's energy business, Moody's Investors Service on Thursday downgraded General Electric's long-term debt. The ratings agency knocked ....
CNBC| Thu Nov 16 10:00:13 EST 2017
Two and a half months before MongoDB revealed plans to go public, its board members still faced "tremendous uncertainty" about going public, and weren't sure if the company would g....
CNBC| Thu Nov 16 13:00:09 EST 2017
The high-yield market may not be sending the freak-out signal the stock market thought it was just two days ago. Brad Rogoff, Barclays head of credit strategy, screened the perform....
CNBC| Thu Nov 16 13:47:05 EST 2017