Archive for October 24th, 2018

<p>Stocks plummeted Wednesday as a sharp drop in tech shares and worries about corporate earnings added fuel to this month’s steep pullback.</p>

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The recent stock market volatility shouldn't lead investors in search of an answer to explain it all or rush into cash. But it should serve as a reminder that investing wisely depends on having a long-term plan and adjusting the plan as short-term events dictate.

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Profit-sharing plans for rank-and-file employees are vanishing as corporate America has adopted a new approach toward who reaps a healthy company’s gains.

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<p>Tesla pulled off what Chief Executive Elon Musk called an "historic quarter" for the electric carmaker on Wednesday, posting a profit, positive cash flow and fatter-than-expected margins as higher production volumes of its new Model 3 began to pay off.</p>

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It's not always possible to pinpoint why the market is up or down at any given time, but there are several factors that likely have contributed to the recent sell-off, including rising rates and China's slowdown.

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<p>Stocks fell sharply in volatile trading Wednesday as losses in tech and AT&amp;T shares outweighed a post-earnings bounce in Boeing.</p>

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Builders warned of a slowdown in home sales. And they were right – except the numbers are even worse than expected. Sales of newly built homes dropped 5.5 percent in September compared with August, and were 13 percent lower compared with a year ago, according to the U.S. Census.

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<p>Stocks bounced around Wednesday as losses in tech and AT&amp;T shares outweighed a post-earnings bounce in Boeing.</p>

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<p></p><p>Stocks bounced around Wednesday as losses in tech and AT&amp;T shares outweighed a post-earnings bounce in Boeing.</p><p></p>

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Andrew Adams lived through Brexit. He made it through the presidential election, and China’s devaluation, when violent selloffs in U.S. equities gave way to heroic recoveries. Going by the charts, he says, this episode looks the same. But going by his nerves it’s different.

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<p></p><p>The Dow slumped 230 points, while the S&amp;P 500 pulled back 1 percent. The Nasdaq fell 1.5 percent as Facebook, Amazon, Netflix and Alphabet all traded lower.</p><p></p>

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<p>The Dow Jones Industrial Average gave back a 100-point gain Wednesday as losses in tech shares outweighed a post-earnings bounce in Boeing.</p><p></p>

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Andrew Adams lived through Brexit. He made it through the presidential election, and China’s devaluation, when violent selloffs in U.S. equities gave way to heroic recoveries. Going by the charts, he says, this episode looks the same. But going by his nerves it’s different.

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The company is making a major change to its free shipping program.

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Boeing is topping expectations for the third quarter and raising its outlook for the year on burgeoning defense spending.

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