US stocks dip following weak forecasts from chip companies

NEW YORK (AP) — U.S. stocks are mostly lower Friday morning as chipmakers slide, leading losses for technology companies. Energy companies are rising with oil prices. Tesla is falling further on reports of a growing government investigation into the company. KEEPING SCORE: The S&P 500 index slipped 1...

Tesla shares drop 6 percent after reports of widening SEC probe and amid questions of CEO Musk's ability to run company

NEW YORK (AP) — Tesla shares drop 6 percent after reports of widening SEC probe and amid questions of CEO Musk's ability to run company .

Markets Right Now: Stocks open lower on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening mostly lower on Wall Street, following a big gain the day before, after several companies issued weak earnings or forecasts. Chipmakers Applied Materials and Nvidia both fell sharply in early...

The Latest: Tesla shares fall as Musk says stress takes toll

NEW YORK (AP) — The Latest on Tesla CEO Elon Musk (all times local): 9:35 a.m. Tesla shares are falling as investors deal with another surprising development surrounding CEO Elon Musk. Musk admitted in an interview with The New York Times that stress is taking a heavy toll on him. The company has been...

Global markets lose steam in European trading

TOKYO (AP) — World stock markets turned lower during European trading hours Friday as investors worried again about Turkey's financial trouble, after Asian stocks rose on news China is preparing to resume trade discussions with the U.S. KEEPING SCORE: Britain's FTSE 100 fell 0.3 percent to 7,537 and the...

Asian shares gain on growing hopes for China trade talks

TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month. KEEPING SCORE: Japan's Nikkei 225 index added 0.4 percent to 22,275.67, while the Shanghai Composite index...

Walmart sees sales rise at stores and online, raises outlook

NEW YORK (AP) — Walmart raised its financial outlook for the year on Thursday after beating Wall Street's expectations for the quarter and seeing the strongest growth in more than a decade in sales at established stores. Its shares rose more than 9 percent. The upbeat report indicates that Walmart's...

How major US stock indexes fared Thursday

U.S. stocks jumped Thursday as China and the U.S. said they will hold their first trade discussions in months, a potential sign of progress toward ending their trade war. On Thursday: The S&P 500 index advanced 22.32 points, or 0.8 percent, to 2,840.69. The Dow Jones Industrial Average soared 396.32 points,...

Markets Right Now: US stock indexes close sharply higher

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing higher on Wall Street following strong results from Walmart and signs of progress in defusing the trade dispute between China and the U.S. Walmart jumped 9.3 percent Thursday after reporting its...

Penney posts bigger-than-expected loss, cuts outlook

NEW YORK (AP) — J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street's view. The department store operator also cut its full-year forecast again, and its shares plunged 24 percent. The dismal report, released Thursday,...