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Wall Street stocks open higher, following gains overseas
NEW YORK (AP) — Wall Street is following overseas markets higher, adding to four straight weeks of gains for the S&P 500 and the Nasdaq. Big tech powerhouses including Apple and Facebook were the leaders in the early going on Monday. The S&P 500 added 0.7% in the first few minutes of trading. Several retailers will be reporting their latest quarterly results this week including Best Buy, Gap and Dollar Tree. The Federal Reserve will be holding an annual symposium virtually later this week. Treasury yields fell and crude oil prices were moving higher. European markets were broadly higher and markets closed higher in Asia.
Stock markets subdued after more central bank support
BANGKOK (AP) — Stock markets were largely subdued Thursday after days of massive volatility, as investors digested new financial support measures, including the European Central Bank's promise to funnel 750 billion euros ($817 billion) into financial markets.
Asian stocks retreat on lack of new Fed action
Asian stock markets tumbled Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans.
Afghanistan's neighbors wary as US seeks nearby staging area
American diplomats are escalating a charm offensive with Central Asian leaders this week as they work to secure a close-by spot to respond to any resurgence of outside militants in Afghanistan after the U.S. military withdraws.
Afghanistan's neighbors wary as US seeks nearby staging area
American diplomats are escalating a charm offensive with Central Asian leaders this week as they work to secure a close-by spot to respond to any resurgence of outside militants in Afghanistan after the U.S. military withdraws.
Afghanistan's neighbors wary as US seeks nearby staging area
American diplomats are escalating a charm offensive with Central Asian leaders this week as they work to secure a close-by spot to respond to any resurgence of outside militants in Afghanistan after the U.S. military withdraws.
Afghanistan's neighbors wary as US seeks nearby staging area
American diplomats are escalating a charm offensive with Central Asian leaders this week as they work to secure a close-by spot to respond to any resurgence of outside militants in Afghanistan after the U.S. military withdraws.
Wall Street closes higher on Fed plan to buy corporate bonds
NEW YORK (AP) — The stock market shook off a weak start and ended broadly higher after the Federal Reserve announced its latest measure to support markets. The S&P 500 closed up 0.8% Monday. It was down as much as 2.5% in the early going. Markets turned higher immediately after the Federal Reserve said it would begin buying individual corporate bonds, the central bank’s latest move to prop up volatile financial markets through the economic fallout of the coronavirus pandemic. Stocks have been volatile over the last week as worries about upticks in infections create cracks in the furious rally. Bond yields rose.
World stocks rise on hopes virus disruption can be contained
TOKYO (AP) — Global stock markets rose Wednesday on hopes that central banks and governments are able to help the economy get past the disruptions created by the outbreak of a new virus, mostly in China.
World stocks rise on hopes virus disruption can be contained
TOKYO (AP) — Global stock markets rose Wednesday on hopes that central banks and governments are able to help the economy get past the disruptions created by the outbreak of a new virus, mostly in China.
World shares mixed after sell-off on Wall Street
European shares opened higher on Friday and U.S. futures bounced back after a day of losses in Asia.
Shares mixed in Asia after Wall Street advance
MITO, Japan (AP) — Shares were mixed in Asia on Thursday, with the region’s biggest market in Tokyo closed for a four-day weekend.
Shares mixed in Asia after Wall Street advance
MITO, Japan (AP) — Shares were mixed in Asia on Thursday, with the region’s biggest market in Tokyo closed for a four-day weekend.
Asian shares up as recovery hopes overshadow virus worries
TOKYO (AP) — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic.
Asian shares up as recovery hopes overshadow virus worries
TOKYO (AP) — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic.
HSBC cuts headcount by 35,000 in deep overhaul
LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus.
HSBC cuts headcount by 35,000 in deep overhaul
LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to the trade wars to the new coronavirus.
Outbreak's global cost may top $4T; auto insurers get break
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus.
Wirecard scandal: Missing billions likely don't exist
BERLIN (AP) — German payment service provider Wirecard said Monday it has concluded that 1.9 billion euros ($2.1 billion) which were supposed to be held in two accounts probably don't exist, deepening troubles that last week prompted the resignation of its chief executive.
Wirecard scandal: Missing billions likely don't exist
BERLIN (AP) — German payment service provider Wirecard said Monday it has concluded that 1.9 billion euros ($2.1 billion) which were supposed to be held in two accounts probably don't exist, deepening troubles that last week prompted the resignation of its chief executive.