U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as President Barack Obama and Congress prepared to resume budget talks and retailers slumped after the Christmas holiday.
U.S. stocks fell for a third day as lawmakers prepared to resume budget talks and retailers slumped after the Christmas holiday. The Japanese yen weakened to the lowest level since September 2010 amid speculation the new government will act to bolster the economy.
U.S. stocks retreated, trimming the longest monthly rally since September 2009 for the Standard & Poor’s 500 Index, as manufacturing contracted in China and Europe and FedEx Corp. tumbled amid a disappointing forecast.
U.S. stocks rose for the fifth week, giving the Standard & Poor’s 500 Index the longest rally since March, amid better-than-expected earnings and optimism that global central banks will take actions to stimulate growth.
Most U.S. stocks fell, with the Standard & Poor’s 500 Index dropping from near its highest valuation since June, as earnings reports from companies including Broadcom Corp. and Aflac Inc. disappointed investors and anti-government protests in Egypt worsened.
U.S. stocks advanced, with benchmark indexes rallying the most in two weeks, on higher-than-estimated results at Boeing Co. and Yahoo! Inc. and speculation the Federal Reserve will inject more money into the economy.
U.S. stocks fell, trimming the biggest September gain since 1939 for the Standard & Poor’s 500 Index , as investors sold some of the month’s best-performing shares amid speculation that improving economic data will reduce the need for the Federal Reserve to stimulate growth.
The companies investors hated the most in 2011 have returned twice as much as the Standard & Poor’s 500 Index this year, burning speculators who bet stocks from Sears Holdings Corp. to Netflix Inc. would keep falling.