Markets
Associated Press/Photo by Richard Drew

Stock traders brace for another wild ride

by Leigh Jones
Posted 2/06/18, 11:20 am

Traders prepared for a wild ride Tuesday as stock markets around the world responded to Monday’s steep decline in U.S. markets. The Dow Jones industrial average tumbled 1,150 points Monday, its biggest decline in 6½ years. The selloff prompted fears the economic recovery had come to a screeching halt after years of record market growth. But analysts say U.S. economic fundamentals remain strong, prompting questions about what caused the sudden flurry of trading.

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Associated Press/Photo by Andrew Harnik

Hackers targeting SEC likely profited from illegal stock trades

by Leigh Jones
Posted 9/21/17, 11:45 am

The Securities and Exchange Commission, the U.S. government’s financial regulator, revealed late Wednesday that hackers breached its data systems last year, stealing information possibly used to make illegal trades. The SEC’s Edgar filing system includes corporate information on quarterly earnings and statements on mergers and acquisitions. Anyone privy to the information before it’s made public can use it to anticipate rises or declines in stock prices.

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Associated Press/Photo by Richard Drew

Dow hits all-time high

by Lynde Langdon
Posted 8/02/17, 11:53 am

Propelled by positive results from Apple Inc., the Dow Jones industrial average rose above 22,000 for the first time Wednesday. Other market indicators such as the Nasdaq composite and the Standard & Poor’s 500 index, which measure a broader spectrum of stocks, fell slightly Wednesday. The Dow tracks 30 big-name U.S. companies and was buoyed by Apple’s fiscal third-quarter results, which were better than anticipated. Apple stock climbed 5.6 percent after the announcement.

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