Michael James

Michael James News

  • U.S. Stocks Rise on Economy Before ECB Meeting, Jobs Data

    U.S. stocks rose, with benchmark indexes at record levels, amid better-than-forecast data on service industries before a European Central Bank decision on stimulus and a monthly employment report.

  • U.S. Stocks Rise, Bonds Slip a Fifth Day Amid Reports

    U.S. stocks rose, with the Standard & Poor’s 500 Index at a record, while Treasuries touched the lowest level in three weeks before the European Central Bank’s rate decision tomorrow and a government jobs report on June 6. Copper sank the most in five weeks.

  • U.S. Stocks Decline as Small Caps Slide, Wal-Mart Misses

    U.S. stocks fell a second day, with the Dow Jones Industrial Average sinking the most in a month, as investors continued to sell small-cap shares and Wal-Mart Stores Inc. forecast profit that missed estimates.

  • U.S. Stocks Slide Amid Small-Cap Selloff; Treasuries Rise

    U.S. stocks fell, giving benchmark indexes their biggest losses in a month, as a selloff in small- cap and Internet stocks spread to the broader market. Yields on 30-year Treasuries dropped to the lowest since June on stimulus bets while the yen gained.

  • U.S. Stocks Drop for Week as Tech Selloff Overshadows Fed

    U.S. stocks fell for the week, giving the Nasdaq Composite Index its worst decline in a month, as a technology and small-cap selloff overshadowed optimism the Federal Reserve will continue to support the economy.

  • U.S. Stocks Retreat as Ukraine Tensions Overshadow Jobs

    U.S. stocks fell, after an earlier rally sent the Standard & Poor’s 500 Index above its closing record, as concern about escalating tension in Ukraine overshadowed data showing payrolls rose the most in two years.

  • Stocks Rise as Deals Spur Drugmaker Rally; Oil Retreats

    U.S. stocks rose for a sixth day, the longest streak since September, amid a rally in drugmakers after more than $70 billion in global takeover offers. Oil fell the most in three months and coffee rose to a two-year high.

  • S&P 500 Climbs With Dollar While Treasuries Drop on Data

    The Standard & Poor’s 500 Index extended its all-time high and Treasuries fell as a report showed U.S. companies added to payrolls last month. The dollar strengthened with copper and gold.

  • S&P 500 Caps Longest Rally in 2014 on Takeover, Earnings

    U.S. stocks rose a sixth day, with the Standard & Poor’s 500 Index capping its longest rally since September, as health-care shares surged amid a $45.7 billion bid for Allergan Inc. and earnings from Netflix Inc. to Harley- Davidson Inc. topped estimates.

  • U.S. Stocks Rebound as Treasuries Climb, Commodities Slip

    U.S. stocks climbed for a second day as optimism grew over corporate earnings and the Nasdaq Composite Index rebounded after falling near its average level for the past 200 days. Treasuries rose amid increasing tensions in Ukraine, while emerging markets slumped on signs China’s economy is slowing.

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