It's a 'Cat 5' immigration crisis: Nielsen

Nielsen: Trump will take every action within his authority to stop flow of illegal immigrants Homeland Security Secretary Kirstjen Nielsen said Tuesday that the Trump administration is treating the immigration crisis as a “Cat 5 hurricane disaster.” “We are bringing all of the agencies together; we're asking everybody to chip in,” Nielsen said on “Tucker Carlson Tonight.” “Why wouldn't we put the […]

Read more

Caterpillar, Cisco Push the Dow Higher Thursday

November 15, 2018: Markets opened lower Thursday but now appear on track to reverse direction and close the day with a gain on all three major indexes. Some easing in the trade dispute with China and some sort of agreement of Brexit that may or may not lead to a resolution of the issue probably had as much as anything […]

Read more

IBM Tumbles to the Bottom of Dow Stocks

International Business Machines Corp. (NYSE: IBM) had a rough Halloween week, dropping 7.3% and taking over as the worst performing stock in the Dow Jones Industrial Average index. The drop in Big Blue’s share price means the stock has lost 24.6% of its value for the year to date. The second-worst Dow stock so far this year is Caterpillar Inc. […]

Read more

Caterpillar shares dive 7% after industrial giant says material costs are rising because of tariffs

Caterpillar’s stock dives after the company gave disappointing 2018 guidance and management pointed out costs were rising because of tariffs. “Manufacturing costs were higher due to increased material and freight costs. Material costs were higher primarily due to increases in steel prices and tariffs,” the company says. CAT stock was down 15 percent in October even before the company disclosed […]

Read more

3M Reclaims Position as Dow’s Poorest Performer

After a two-week absence, 3M Co. (NYSE: MMM) dropped once again into the Dow Jones industrials cellar. The industrial giant’s stock lost about 2.2% last week and is now trading down 11.7% for the year to date. The second-worst Dow stock so far this year is Goldman Sachs Group Inc. (NYSE: GS), which is down 10%. That is followed by […]

Read more

Disney, Pfizer Keep the Dow Flat Wednesday

August 8, 2018: Markets opened narrowly mixed Wednesday and looks set to end the regular trading session the same way. The blue-chip Dow index traded lower all day while the S&P 500 and the Nasdaq Composite are holding onto slim gains. The Trump trade war with China experienced another skirmish yesterday, but corporate earnings reports continue to offset investors’ fears. […]

Read more

Procter & Gamble Trades Higher but Remains Dow’s Laggard

Consumer products giant Procter & Gamble Co. (NYSE: PG) had a pretty good week, at least as far as its share price was concerned. The worst-performing stock year-to-date on the Dow Jones industrials index added about 2.4% to its share price. That was not enough, though, to let it escape the cellar — shares are still down 12.3% since the […]

Read more

Disney, Travelers Send the Dow Higher Thursday

July 26, 2018: Markets opened mixed again Thursday as only the Dow blue chips could withstand the pounding suffered by Facebook after the social media giant reported quarterly results after the bell Wednesday. Now the question is how long until the stock recovers. The tech sector drooped the most, followed by consumer discretionary stocks. Telecom and utilities were the leading […]

Read more
1 2