Stocks Edge Lower, Major Indexes Still Head For Weekly Gains

The S&P 500 index slipped less than 0.1% as of 2:51 p.m. Eastern. The benchmark index notched a record high a day prior. The Dow Jones Industrial Average rose 121 points, or 0.3%, to 35,721 and is hovering around the record high set on Aug. 16. The Nasdaq fell 0.8%.

Stocks Waver, Cling To Week’s Gains

Stocks are wavering between small gains and losses on Wall Street Friday, and are still barely higher for the week. The weak showing follows a two-day rally that helped erase a slump earlier in the week.

Stocks Rise, Erase Most Weekly Losses

Nearly every stock in the benchmark S&P 500 rose. It’s now up 0.6% for the week and has recovered from a from a sharp sell-off on Monday. The turnaround is more pronounced within the Dow, which is now up 0.8% for the week after having been down 1.9% for the week as of Tuesday.

Netflix Jumps 3.7%, Stocks Rise Broadly On Wall Street After Fed Statement

Stocks were broadly higher on Wall Street Wednesday afternoon after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year.

Stocks Are Heading For Their Biggest Slump In Almost A Year

Stocks slumped on Wall Street Monday, mirroring losses overseas and putting the S&P 500 index on track for its biggest drop in almost a year.

Stocks Fall, Giving Up The Week’s Gains

It was a feeble ending to an up-and-down week of trading. The S&P 500 index lost 0.9%. The benchmark index had its second straight weekly loss. The Dow Jones Industrial Average fell 0.5% and the Nasdaq fell 0.9%.

S&P 500 Grinds to Another Record to Close Out Winning Week

The S&P 500 and Dow Jones Industrial Average hit fresh all-time highs on Friday as both indexes capped off modest gains for the week. The Dow finished the day up 15.53 points to close at a record 35,515.38, while the S&P 500 added 0.16% and finished at 4,468, a new closing record. The Nasdaq Composite ticked up just 0.04% to 14,822.90.

Viacom, CBS Stock Gets Battered

Shares in Viacom and CBS both declined more than 8% Wednesday as investors absorbed the details of the companies’ long-awaited merger during a broader stock market retreat. CBS stock closed at $44.62, 8% lower, and Viacom at $26.72, down 8.5%.

2017 IN REVIEW

Traditional Media Stocks Underperform In ’17

The Dow Jones Industrial Index added a massive 24.7%, but the Dow Jones U.S. Broadcasting & Entertainment index market grew only 7.8%. So-called FANG stocks — big digital media companies including Facebook, Amazon, Netflix and Google — posted eye-opening 50% improvements.

Wall St. Likes: Disney And Fox Shares Rise

Wall Street signaled its approval of the massive Disney-21st Century Fox transaction, sending shares in Disney up 3% and Fox’s up nearly 7% Thursday.

Netflix Stock Gives Amazon Run For Its Money

It has been a wild, rocky ride, but Netflix, which ended its 15th year as a public company on Monday, is pacing ahead of Amazon as a dream investment. Since ending its first day of trading in 2002 at an adjusted $1.20 per share, Netflix stock has gained 12,997% to close Monday at $157.16.

TVN FOCUS ON BUSINESS

Leverage Worries Batter TV Groups Stock

Stock prices of six publicly-traded TV station groups had a rocky first half due to concerns over leverage as well as political, automotive and overall sustainability of the television business model. The companies bounced back a bit in the second quarter, but were still well below where they were on Jan. 1. Analysts, however, see signs for optimism.

Brexit Reaction: U.K. Media Stocks Crash

U.K. media stocks crashed Friday morning in the wake of the shocking Brexit victory in the EU referendum. Shares in pan-Euro pay TV giant Sky were down almost 8% by noon, while ITV was down by almost 19%. The stock market woes extended to Europe as well, with French media titan Vivendi down 6% by noon London time and Italy’s Mediaset down more than 8%.

BIA/KELSEY STUDY

Local TV Stocks Climb 185% Through 3Q ’13

A new state-of-the-industry report says retransmission consent rate agreements and digital offerings are generating substantial cash flows and boosting investor confidence in station groups.

CLOSING BELL

Stocks Nudge Up After Weak Jobs Report

Thursday’s stellar stock market gains were followed by a lackluster rise Friday, largely due to a disappointing jobs report from the federal government.

Stocks Rise On Oracle Earnings, Higher GDP

The Dow rose 50.03 points, or 0.4%, to close at 12,220.59. It gained 362 points for the week, the most since a 512-point jump during the week ending July 9. The S&P 500 rose 4.14, or 0.3% to 1,313.80. The Nasdaq rose 6.64 points, or 0.2%, to 2,743.06. All three stock indexes gained more than 2% for the week, helping them erase losses following the March 11 earthquake that hit Japan.

Stocks Rise On Strong Earnings

Earnings growth has been strong across U.S. companies, which have benefited from higher revenue overseas. The government also said fewer people applied for unemployment benefits last week, evidence that layoffs are slowing.