Category: lower

Scientists Lower Alert for Mauna Loa, Say Eruption Could End

HONOLULU—Scientists lowered the alert level for the Mauna Loa volcano on Hawaii’s Big Island from a warning to a watch on Saturday and said the mountain’s first eruption in nearly 40 years may soon end. The U.S. Geological Survey’s Hawaiian Volcano Observatory said in a bulletin that the eruption on the mountain’s northeast rift zone…


Scientists Say Eruption of Hawaii Volcano Continues to Ease

HONOLULU—The eruption of the Mauna Loa volcano on Hawaii’s Big Island continues to ease, scientists said Sunday, reinforcing an earlier pronouncement that the mountain’s first flare-up in nearly 40 years might soon end. “We have good news to report,” Ken Hon, the scientist in charge of the U.S. Geological Survey at the Hawaii Volcano Observatory,…


Alex Murdaugh Attorneys Ask Judge to Lower $7 Million Bond

COLUMBIA, S.C.—Lawyers for prominent South Carolina attorney Alex Murdaugh said Monday that he’s so broke he can’t pay a phone bill—much less $7 million in bail—while a court-appointed overseer said Murdaugh needs to use whatever money he has to pay his alleged victims, not free himself from jail. In a virtual court hearing before a…


Oil Prices Edge Lower, Still Close to Highs on Short Supply

TOKYO—Oil prices edged lower on Tuesday but remained near multi-year highs, supported by a global supply shortage and strong demand in the United States, the world’s biggest consumer. Brent crude was down 55 cents, or 0.6 percent, at $85.44 a barrel by 0922 GMT. U.S. oil dropped 56 cents, or 0.7 percent, to $83.20. “There…


Nasdaq Set for Lower Open After Intel’s Margin Warning

The Nasdaq was set for a lower open on Friday after chipmaker Intel warned of lower profit margins, while Snap Inc. led declines among social media firms after flagging a hit to digital advertising from privacy changes by Apple. Intel Corp. slid 9.5 percent in premarket trading as it missed third-quarter sales expectations, while its…


Futures Lower After Tesla, IBM Quarterly Results

U.S. stock index futures edged lower on Thursday as IBM and Tesla fell after their quarterly results, with investors awaiting more reports to see the impact of supply chain disruption and labor shortages on companies. Tesla Inc. fell 1 percent in premarket trading as it said on Wednesday its upcoming factories and supply-chain headwinds would…


Miners, Weak Earnings Drag European Stocks Lower

European stocks retreated from six-week highs on Thursday, with miners leading the declines on renewed concerns about China’s property sector, while mixed quarterly updates from companies dampened risk appetite. The Europe-wide STOXX 600 index fell 0.2 percent due to a dour mood in global markets following the collapse of a $2.6 billion asset sale at…


S&P, Nasdaq Enjoy Boost From Big Tech Firms, Dow Ends a Hair Lower

The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc. and appeared optimistic about the third-quarter earnings season. After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with…


World Shares Mostly Lower as Chinese Growth Data Disappoints

World shares were mostly lower on Monday after China reported its economy grew at a meager 4.9 percent annual pace in July-September. Germany’s DAX declined 0.5 percent to 15,506.11 and the CAC 40 in Paris gave up 0.8 percent to 6,676.21. Britain’s FTSE 100 lost 0.2 percent to 7,216.79. The future for the Dow industrials…


Wall Street Closes Lower on Jitters Ahead of Earnings, Fed Minutes

NEW YORK—U.S. stocks finished lower on Tuesday, extending losses late as investors grew more jittery in the run up to third-quarter earnings, while a jump in Tesla shares helped support the market. Adding to investor caution, the Federal Reserve is expected to release minutes on Wednesday from its last policy meeting, which market participants will…