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Tag Archives: dow jones industrial average

US stocks make biggest leap since March on China stimulus

NEW YORK (AP) — U.S. stocks surged to their biggest gain in two months on Tuesday after the Chinese government moved to stimulate the world’s second-largest economy. That gave a big boost to energy, chemicals and machinery companies. For months investors have worried about the state of China’s economy, which is slowing down after a quarter-century of rapid growth. The ...

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US stocks rising for the second day in a row; ADT surges

NEW YORK (AP) — Stocks are climbing Tuesday morning and building on their gains from late last week. Home security company ADT is surging after it agreed to be bought by an investment company, and strong quarterly reports are boosting companies including Hormel Foods and Restaurant Brands International. KEEPING SCORE: The Dow Jones industrial average rose 90 points, or 0.6 ...

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Strong company earnings, oil recovery send stocks higher

FILE - In this Tuesday, Sept. 8, 2015, file photo, a Wall Street street sign is framed by a giant American flag hanging on the facade of the New York Stock Exchange. Global stock markets were having another lackluster day Wednesday, Feb. 3, 2016, amid ongoing worries over the state of the world economy, which has piled the pressure on oil prices in particular. (AP Photo/Mary Altaffer, File)

NEW YORK — Stocks are gaining ground in early trading as investors were encouraged by some strong company earnings reports and a pickup in the price of crude oil. Comcast jumped 3 percent after reporting its best year for traditional cable TV services in almost a decade. Electrical systems manufacturer Eaton Corp. surged 4 percent after reporting earnings that came ...

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