Tag Archives: soared
ASIA MARKETS: Japan’s Nikkei Reclaims 15,000; Asia Stocks Mixed
Japanese shares soared Wednesday on the back of a weaker yen and strengthening expectations for earnings growth, sending the benchmark Nikkei Stock Average above the 15,000-point level for the first time in more than five years. Continue reading
Tesla Surges as Delivery Guidance Increases
NEW YORK (TheStreet) — Tesla was popping 4.04% to $58.39 in afterhours trading after the electric car maker reported first-quarter results that topped Wall Street’s expectations as production and deliveries soared. Tesla’s first quarter sales jumped 83% to $562 million, exceeding the average analyst estimate of $500 million. Production and deliveries soared more than 80%, surpassing the company’s own targets. Continue reading
ASIA MARKETS: Japan Stocks Soar After Holiday; Others Mixed
Japanese stocks soared on Tuesday to stand head-and-shoulders over other regional markets, as investors returning from a four-day weekend played catch-up with central-bank decisions, strong U.S. jobs data and a weaker yen. Continue reading
LinkedIn 1Q net, revenue soar; outlook falls short
MOUNTAIN VIEW, Calif. (AP) — LinkedIn Corp. continued its uninterrupted streak of beating analysts’ expectations with its quarterly results on Thursday as earnings and revenue soared, but its outlook for the rest of the year disappointed Wall Street and its stock plunged in extended trading. Continue reading
Stocks rebound day after year’s biggest decline
Stocks jumped Tuesday, recovering after major averages saw their biggest drop this year, supported by a batch of upbeat earnings results and a better-than-expected March housing report.Investors were also heartened as gold, oil, and other commodities pared back some of this week’s steep declines. The Dow Jones Industrial Average soared nearly 100 points, led by Coca-Cola.Interestingly, Tuesday has… Continue reading
S&P, Dow close with record highs
Stocks soared broadly across the board to finish near session highs Wednesday, propelling the Dow and S&P 500 to new record levels, boosted by strong gains in techs.With the day’s robust rally, all three major averages logged their best three-day rally of 2013 and are now in the black for the month.(Read More: What to Do in Market Where No News Is Bad News)The Dow Jones Industrial Average logg… Continue reading
Yen slumps on BOJ easing, Wall Street shares firmer
By Herbert Lash NEW YORK (Reuters) – The yen slumped on Thursday after the Bank of Japan unveiled a bold plan to pump money into the economy, while U.S. stocks gained on investor optimism that expansionary central bank policies would remain supportive for equities. The BOJ surprised markets when it unleashed the world's most intense burst of monetary stimulus, planning to nearly double the monetary base to 270 trillion yen by the end of 2014, in a shock therapy to end two decades of stagnation Continue reading
S&P briefly breaks above all-time closing high
The S&P 500 hit its closing high level of 1,565.15 on the final trading day of the first quarter, as the relative calm surrounding the opening of Cyprus banks trumped a mixed bag of economic reports. The next milestone on the S&P 500 will be its all-time intraday high of 1,576.09, set on October 11, 2007. Continue reading
Stocks poised for more gains as economy picks up
Stocks have soared in 2013, with the Dow climbing almost 11 percent to hit a series of new all-time highs while the S&P 500 has jumped 9.4 percent. And yet, analysts for the most part see equities as fairly cheap. Continue reading
After 2 days of big gains, stocks turn mixed
NEW YORK (AP) — The stock market on Thursday plodded rather than soared, flicking between small ups and downs after two days of triple-digit gains. Continue reading
