Stocks

Stocks rebound as US and UK seek to calm investors

BBC reports investors have recently been unnerved by a string of bank failures.

But US stock markets were higher after Treasury Secretary Janet Yellen signalled the US government would protect people's deposits if another bank collapsed.

In the UK, the FTSE closed 1.79% higher after gains in top bank shares.

NatWest, Prudential and Barclays shares gained about 5%, while Standard Chartered and Lloyds also traded higher.

Ms Yellen said "the situation is stabilising, and the US banking system remains sound" in a speech on Tuesday.

An up-and-down day for stock market ends with a solid gain

It was the fourth straight increase for the Dow Jones industrial average. Industrial and energy companies had some of the biggest gains. Boeing climbed 2 percent.

KFC owner Yum Brands plunged 19 percent after the company cut its profit forecast for the year, citing weakness in its China operations. The company also owns Pizza Hut and Taco Bell.

The Dow Jones industrial average climbed 122 points, or 0.7 percent, to 16,912.

US stocks climb in early trading, led by energy companies

KEEPING SCORE: The Dow Jones industrial average rose 137 points, or 0.8 percent, to 16,925 as of 9:50 a.m. Eastern. The Standard & Poor's 500 index rose 15 points, or 0.8 percent, to 1,995 and the Nasdaq composite rose 33 points, or 0.7 percent, to 4,781. The Dow has risen for the past three days, while the S&P 500 for five days out of the past six.

Stocks are volatile after Fed keeps interest rates low

The bumpy trading Thursday came after the Federal Reserve decided to keep interest rates low, citing weakness in the global economy and unsettled financial markets.

Bond prices rose, sending yields lower, as traders reacted to the Fed's prediction that inflation will remain subdued. The dollar fell against other currencies.

Stocks turn higher after Fed keeps interest rates low

Bond prices also rose as the Fed said inflation would likely remain in check. While the Fed's decision was not a surprise, it does give investors certainty that the low interest rate environment will likely last for at least several more months.

US stocks surge, getting a boost from China's rally

     

The Dow Jones industrial average jumped 390 points, or 2.4 percent, to 16,492 Tuesday. That's the Dow's second-biggest gain this year following an even bigger surge two weeks ago.

The Standard & Poor's 500 index climbed 48 points, or 2.5 percent, to 1,969. The Nasdaq composite rose 128 points, or 2.7 percent, to 4,811.

Markets also rose in China and Europe.

Several companies were making big moves following deal news.

US stocks drop as mixed jobs report keeps investors guessing

It was the second-worst week for the market so far this year.

The Dow Jones industrial average lost 272 points, or 1.7 percent, to 16,102 Friday. It had been down as much as 348 earlier.

The Standard & Poor's 500 index gave up 29 points, or 1.5 percent, to 1,921. The Nasdaq composite slipped 49 points, or 1.1 percent, to 4,683.

A weak open for US stocks as investors consider job numbers

The Dow Jones industrial average fell 225 points, or 1.4 percent, to 16,157 in the first few minutes of trading Friday.

The Standard & Poor's 500 index gave up 23 points, or 1.2 percent, to 1,927. The Nasdaq composite slipped 52 points, or 1 percent, to 4,682.

The government reported that the unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs.

Stocks gain as European central bank says it's ready to act

The Dow Jones industrial average edged up 23 points, or 0.1 percent, to 16,374 Thursday.

The Standard & Poor's 500 index rose two points, also 0.1 percent, to 1,951. The Nasdaq composite slipped 16 points, or 0.4 percent, to 4,733.

European markets rose broadly. The head of the European Central Bank said it's ready to give the region a bigger dose of stimulus should inflation fail to pick up.

Global stocks gain; Europe's central bank promises support

The Dow Jones industrial average increased 68 points, or 0.4 percent, to 16,425 as of 9:35 a.m. Eastern time Thursday.

The Standard & Poor's 500 index climbed nine points, or half a percent, to 1,959. The Nasdaq composite gained 18 points, or 0.4 percent, to 4,769.

China's markets were closed for a holiday, giving investors some temporary relief from following recent sharp swings there.