Alex Veiga

  • Donald Trump Sep 20, 2019

    Fresh US-China Trade Worries Erase Early Gains for Stocks

    Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The benchmark index is still up 2.2% for September....

  • China Jun 20, 2019

    S&P 500 Index Closes at Record High as Stock Rally Continues

    Wall Street capped a broad rally for stocks Thursday by driving the S&P 500 index to an all-time high. The milestone, which eclipsed the benchmark index’s last record close on April 30, underscores a swift rebound for the market in June that has erased the losses from a 6.6% dive in May. The major U.S. stock indexes are up more...

  • Donald Trump May 7, 2019

    Worsening US-China Trade Tensions Rattle Financial Markets

    The Dow Jones Industrial Average tumbled more than 470 points Tuesday amid a broad sell-off on Wall Street as the U.S. and China moved closer to an escalation of their already costly trade war. The U.S. was set to impose higher tariffs on China on Friday, a day after representatives from both nations are scheduled to resume trade talks in...

  • DRIVER Dec 29, 2018

    Wall Street Faces Annual Losses Despite Solid Gains for Week

    Wall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November. Losses in technology, energy and industrial stocks outweighed gains in retailers and other consumer-focused companies. Stocks spent much of the day wavering between small gains and losses, ultimately unable to maintain the momentum from a two-day winning streak. Even...

  • China Oct 12, 2018

    Stock Market Experts Say This Is a Stumble, Not a Plunge

    Woah, what was that? After months of relative calm, Wall Street has been jolted by a sudden run of turbulent trading. The swoon wiped more than 1,300 points from the Dow Jones Industrial Average over two days and dragged the benchmark S&P 500 index down more than 5 percent. The VIX index, which measures how worried traders are about a...

  • China Oct 12, 2018

    Stock Market Experts Say This Is a Stumble, Not a Plunge

    Woah, what was that? After months of relative calm, Wall Street has been jolted by a sudden run of turbulent trading. The swoon wiped more than 1,300 points from the Dow Jones Industrial Average over two days and dragged the benchmark S&P 500 index down more than 5 percent. The VIX index, which measures how worried traders are about a...

  • Europe Aug 24, 2018

    S&P 500, Nasdaq and Russell 2000 Close at Record Highs

    Wall Street ended a week of milestones with a few more Friday....
    The benchmark S&P 500 index closed at an all-time high, just two days after the current bull market in U.S. stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also ended the day at all-time highs....
    Technology companies, the best-performing sector in the market this...

  • NEW YORK May 4, 2018

    As Tesla Fights to Make Profit, Wall Street Has Concerns

    Elon Musk’s track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high-speed travel between New York and Washington. As Tesla’s CEO, his ambitious vision for electric cars has also earned him a faithful following. But now...

  • New Hampshire Apr 30, 2018

    Get Ready for the Most Expensive Driving Season in Years

    Get ready for a little bit more pain at the pump this summer.

  • White House Jan 11, 2018

    IRS Rolls Out New Income Tax Withholding Guidelines

    Taking the first concrete step toward the Republican tax plan’s promise of fatter paychecks for millions, the Trump administration on Thursday issued new guidelines for how much employers should withhold as taxes from workers’ pay. The Internal Revenue Service published the new income-tax withholding tables to conform to the sweeping $1.5 trillion tax overhaul, the first major rewrite of the...

  • California Jun 16, 2017

    Higher Prices Squeezing Both Renters, Would-Be Homeowners

    A diminished supply of available homes is swelling prices in large U.S. metro areas from New York to Miami to Los Angeles, squeezing out would-be buyers and pushing up rents as more people are forced to remain tenants. The trend is pressuring Americans’ budgets, with about one-third of households spending more than 30 percent of their gross income on housing...

  • Miami Apr 6, 2017

    Mission Nearly Impossible This Spring: Finding a Home to Buy

    Anyone eager to buy a home this spring probably has reasons to feel good. Job growth has been solid. Average pay is rising. And mortgage rates, even after edging up of late, are still near historic lows....
    And then there’s the bad news: Just try to find a house....
    The national supply of homes for sale hasn’t been this thin in nearly...

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