Damian J. Troise, Author at Valley News

Trader Robert Arciero works on the floor of the New York Stock Exchange, Friday, July 19, 2019. U.S. stocks moved broadly higher in early trading on Wall Street Friday and chipped away at the week's losses. (AP Photo/Richard Drew)

Reined-in rate-cut expectations, Iran tensions hit S&P 500

by Stan Choe AP Business Writers, and Damian J. Troise AP Business WritersJuly 19, 2019

NEW YORK — U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May.Indexes sloshed between small gains and losses for much of the day before turning lower in the afternoon after Iran said it…

FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)

Stocks post small losses; investors look ahead to Fed

by Damian J. Troise AP Business WriterJune 15, 2019

FILE - In this May 30, 2019, file photo trader Craig Esposito, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 7. (AP Photo/Richard Drew, File)

U.S. stock market notches best week since late November

by Damian J. Troise AP Business Writers, and Alex Veiga AP Business WritersJune 7, 2019

FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 24. (AP Photo/Richard Drew, File)

S&P 500 has 3rd weekly loss

by Damian J. Troise AP Business Writers, and Alex Veiga AP Business WritersMay 25, 2019

Uber logos top trading posts on the floor of the New York Stock Exchange, Friday, May 10, 2019. The world's largest ride-hailing service reached a major milestone Thursday when Uber priced its long-awaited initial public offering at $45 price per share to set the stage for its stock to begin trading Friday morning. (AP Photo/Richard Drew)

Stocks rebound as hopes rise that trade tensions will ease

by Damian J. Troise AP Business Writers, and Alex Veiga AP Business WritersMay 10, 2019

FILE- In this March 13, 2019, file photo traders gather at the post that handles Oaktree Capital Group on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 22. (AP Photo/Richard Drew, File)

Stocks, bond yields fall sharply as growth worries spread

by Damian J. Troise AP Business Writers, and Alex Veiga AP Business WritersMarch 23, 2019

FILE- In this Feb. 15, 2019, file photo trader Tommy Kalikas works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 1. (AP Photo/Richard Drew, File)

S&P 500 snaps 3-day losing streak as U.S. stocks close higher

by Damian J. Troise AP Business Writers, and Alex Veiga AP Business WritersMarch 2, 2019

FILE- In this Dec. 28, 2018, file photo trader Jonathan Corpina, right works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 1. (AP Photo/Richard Drew, File)

U.S. stocks eke out gains after bumpy day caps solid week

by Damian J. Troise AP Business Writers, and Alex Veiga AP Business WritersFebruary 2, 2019