Thursday, April 18, 2024

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Nick Taborek

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DESPITE AN UNEXPECTED RISE IN CONSUMER CONFIDENCE, U.S. equities at the New York Stock Exchange fell Tuesday morning on worries over potential military action in Syria by the United States in relation to the alleged use of chemical weapons there. / BLOOMBERG NEWS FILE PHOTO/JIN LEE

U.S. stocks fall amid tension, consumer confidence report

NEW YORK - U.S. stocks fell, with the Standard & Poor’s 500 Index sliding for a second day, as growing tension over possible military...
U.S. EQUITIES and bonds gained in value, as negative economic data led analysts to speculate that the Federal Reserve was going to postpone the reduction of its monetary stimulus program. Pictured is the New York Stock Exchange. / BLOOMBERG NEWS FILE PHOTO/SCOTT EELLS

Stocks advance with treasuries on economic data as crops surge

NEW YORK - U.S. stocks and Treasuries rose after orders for American durable goods fell more than forecast, spurring speculation the Federal Reserve will...
RAYTHEON RAISED its earnings outlook and beat second-quarter profit estimates, the company announced Wednesday. / BLOOMBERG FILE PHOTO/ALASTAIR MILLER

Raytheon boosts outlook on profit, beating analyst estimates

WASHINGTON -- Raytheon Co., the world’s largest missile maker, raised its full-year earnings outlook as international defense sales helped it beat analysts’ second- quarter...
DEFENSE CONTRACTORS INCLUDING GENERAL DYNAMICS Electric Boat were saved from potential spending cuts when Congress approved a budget deal, but the reprieve may prove short-lived.  / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

Defense contractors gain reprieve on cuts without long-term fix

WASHINGTON - Defense contractors led by Lockheed Martin Corp., General Dynamics Corp. and Raytheon Co. gained a reprieve from U.S. spending cuts that may...
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