Dow Jones Industrial Average

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Agence France-PresseMay 13, 2013 16:29

US stocks overcame a choppy day of trading Friday and closed at fresh all-time highs as Group of Seven finance chiefs met in Britain to discuss economic challenges. The Dow Jones Industrial Average rose 35.87 (0.24 percent) to 15,118.49, a new all-time closing high. The broad-based S&P 500, also reaching a fresh record peak, added 7.03 (0.43 percent) at 1,633.70, while the tech-rich Nasdaq Composite Index increased 27.41 (0.80 percent) to 3,436.58.

TSX, NY markets fall amid disappointing data from China, weak US retail spending

The Canadian PressMay 13, 2013 10:30

TORONTO - The Toronto stock market slipped Monday amid falling commodity prices as the latest data showed slightly smaller-than-expected increases in China's industrial production and retail sales. The S The Canadian dollar was up 0.10 of a cent to 98.99 cents US. U.S. retail sales edged up 0.1 per cent in April, boosted by increased spending on cars and clothing. March had seen a 0.5 per cent decline — its largest drop in nine months. Economists had expected another contraction brought on by a higher U.S. tax on Social Security that kicked off this year.

Boeing rolls out 787s faster; could mean strong fourth quarter

Thomson ReutersMay 11, 2013 20:15

By Alwyn Scott NEW YORK (Reuters) - Boeing Co <BA.N> said on Thursday it has succeeded in getting its factories to churn out 787 Dreamliners at a faster pace this week, a change that came sooner than expected and positions the plane maker to possibly deliver more of the high-tech jet than forecast. Deliveries of the high-tech jet have not yet resumed since they were suspended in January after two batteries overheated, Boeing said. However, its forecast of delivering more than 60 Dreamliners by year-end has not changed.

Wall Street Week Ahead: 'Sell in May and Go Away?' Not This Year

Thomson ReutersMay 10, 2013 20:15

By Angela Moon NEW YORK (Reuters) - With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage "Sell in May and Go Away" is starting to look weak. Closing out the second week of May, the Standard & Poor's 500 index is up 2.3 percent for the month. For the year, the benchmark S&P 500 is up a stunning 14.6 percent.

US markets barrel to fresh records

Agence France-PresseMay 10, 2013 16:21

US stocks continued their upward climb Wednesday, riding positive economic data from Germany and China to new records. The Dow Jones Industrial Average jumped 48.92 (0.32 percent) to 15,105.12. The broad-based S&P 500 rose 6.73 (0.41 percent) to 1,632.69, its fifth consecutive record. The tech-rich Nasdaq Composite Index added 16.64 (0.49 percent) to 3,413.27. The gains came on a quiet day for US economic and business news. However, investors were heartened by positive German industrial production data and higher Chinese exports.

US stocks retreat slightly after recent surge

Agence France-PresseMay 10, 2013 12:15

US stocks Thursday edged lower after recent record-setting gains, despite a favorable report on jobless claims. Five minutes into trade, the Dow Jones Industrial Average dropped 1.99 (0.01 percent) to 15,103.13. The broad-based S&P 500 slipped 0.70 (0.04 percent) to 1,631.99, while the tech-rich Nasdaq Composite Index shed 0.92 (0.03 percent) to 3,412.35. The losses came after the Dow and S&P set fresh record highs amid low interest rates and somewhat better US economic data.

Dow Jones industrial average holds above 15,000 a day after it hit record

The Canadian PressMay 10, 2013 06:19

NEW YORK, N.Y. - The Dow Jones industrial average held above 15,000 a day after it closed above the landmark level for the first time. With no major economic releases due out Wednesday, investors focused on company earnings as reporting for the first quarter draws to a close. Whole Foods and Electronic Arts rose sharply after the companies predicted higher profits. AOL plunged after its profit came up short of what analysts were looking for. The Dow rose 48 points to 15,105, a gain of 0.3 per cent. Standard

European shares rise, Frankfurt sets new record high

Agence France-PresseMay 8, 2013 19:00

Europe's major stock markets posted solid gains on Wednesday, with Frankfurt's main index hitting another record high and London at its most robust level in more than five years. In New York, shares in the legendary English football club Manchester United slumped in early trading however after the English Premier League champions said long-serving manager Alex Ferguson would retire later this month.

US stocks mixed after record-setting surge

Agence France-PresseMay 8, 2013 14:18

US stocks were mixed in early trade Wednesday, one day after the Dow closed above 15,000 points for the first time to cap a two-week climb. About 35 minutes into trade, the Dow Jones Industrial Average were down 13.92 points (0.09 percent) to 15,042.28. The broad-based S&P 500 rose 0.79 (0.05 percent) to 1,626.75, while the tech-rich Nasdaq Composite Index added 5.35 (0.16 percent) to 3,401.97. The US markets took a breather even as Germany reported a jump in industrial production, China posted a trade surplus and The Walt Disney Co. topped earnings estimates.

Disney 2nd-quarter results top analyst forecasts; shares rise modestly

The Canadian PressMay 7, 2013 19:16

LOS ANGELES, Calif. - Disney topped analyst expectations as revenue gains at its parks and movie studio led to a 32 per cent increase in net income during the January-March quarter. Net income grew to $1.51 billion, or 83 cents per share. Factoring out one-time items, adjusted earnings came to 79 cents per share, beating the 77 cents expected by analysts surveyed by FactSet. Revenue grew 10 per cent to $10.55 billion, also topping the $10.49 billion expected by analysts.