Latest Financial markets News

State governor says the death toll in the Magdeburg Christmas market attack has risen to 5

Dec. 21, 2024 06:13 AM EST
MAGDEBURG, Germany (AP) — State governor says the death toll in the Magdeburg Christmas market attack has risen to 5.

US wins ruling in a trade dispute with Mexico over its bid to ban genetically modified corn

Dec. 20, 2024 18:15 PM EST

MEXICO CITY (AP) — The United States won a ruling on Friday in a trade dispute with Mexico, which had sought to ban imports of genetically modified corn for human consumption. U.S. growers, who had worried about the potential loss of the single biggest export market for U.S. corn,...

Stock market today: Wall Street rises to turn a dismal week into just a bad one

Dec. 20, 2024 17:38 PM EST

NEW YORK (AP) — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% for its best day in six weeks and shaved its loss for the week down to 2%. The Dow Jones Industrial Average...

How major US stock indexes fared Friday, 12/20/2024

Dec. 20, 2024 16:33 PM EST

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% Friday to shave its loss for the week down to 2%. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite...

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Dec. 20, 2024 07:02 AM EST

WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Dow Jones stock index essentially ended Thursday flat after having posted 10 days...

Stock market today: Wall Street ends little changed after giving up a big morning gain

Dec. 19, 2024 17:56 PM EST

NEW YORK (AP) — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next...

How major US stock indexes fared Thursday, 12/19/2024

Dec. 19, 2024 16:31 PM EST

An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% Thursday, coming off one of its worst days of the year after the Federal Reserve said it may deliver fewer cuts to interest rates in 2025 than earlier...

A shake-up at one of world's biggest frozen French fry makers

Dec. 19, 2024 14:09 PM EST

A major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money they spend on food outside the home. But struggles at the Lamb Weston, which...

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

Dec. 18, 2024 19:52 PM EST

NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.9%, just shy of its biggest loss for the year,...

Brazil's currency drops to weakest level yet as Lula's fiscal measures debated

Dec. 18, 2024 18:57 PM EST

SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending. A bill backed by Lula that...