More Standard and Poors Articles

  • Tech stocks slide again; Nasdaq falls for 3rd week

    NEW YORK (AP) — Technology stocks are dropping for a second day in a row as investors flee highflying Internet and biotechnology companies. The Nasdaq composite closed out its third losing week in a row. The Nasdaq lost 54 points, or 1.3 percent, to end at 3,999 Friday. It was only the...

  • U.S. stocks slip, but hold close to an all-time high

    NEW YORK — The stock market held close to its all-time high on Thursday amid optimism that the economy is set to strengthen. Stocks are on course for their best weekly gain in seven weeks after investors got more encouraging news on the economy. A survey showed that U.S. service firms...

  • S&P 500 notches record high; Dow erases 2014 loss

    Stocks are edging further into record territory as encouraging news on hiring and manufacturing brings more buyers into the market.

  • S&P downgrades Target to 'A' following 4Q results

    NEW YORK (AP) — Standard & Poor's Ratings Services lowered its rating on Target Corp. following weaker-than-expected fourth-quarter results that were dragged down by a massive data breach and a disappointing foray into Canada. The rating agency said Friday that it lowered its ratings one...

  • A stumble in tech stocks drags US indexes lower

    NEW YORK — A slide in technology companies dragged the stock market lower, erasing an early gain. Facebook slumped 7 percent after announcing a $2 billion acquisition of virtual reality company Oculus, its second big purchase in two months. The initial public offering of the company behind...

  • Stocks close higher on Wall Street; Sonic soars

    NEW YORK — Stocks are closing higher on Wall Street as the market shrugs off a two-day decline. The Standard & Poor's 500 index rose eight points, or 0.4 percent, to close at 1,865 Tuesday. The Dow Jones industrial average rose 91 points, or 0.6 percent, to 16,367. The Nasdaq composite...

  • S&P reaffirms Greece rating; outlook stable

    ATHENS, Greece (AP) — Ratings agency Standard & Poor's says it believes Greece's economy is gradually rebalancing and that it will grow over the coming three years despite ongoing high debt levels. The ratings agency on Friday reaffirmed its B- rating on Greece and said the outlook was...



From the Weekly Standard