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Tech rebound powers US stocks higher, snaps 2-day S&P slump

May. 21, 2019 4:50 PM EDT

Technology companies helped power stocks broadly higher on Wall Street Tuesday, snapping the market's two-day losing streak. The rally followed the U.S. government's decision to temporarily ease off proposed restrictions on technology sales to Chinese companies. The news gave a boost to technology sector stocks,...

Asian stocks mixed after Wall Street fall on Huawei anxiety

May. 21, 2019 12:49 AM EDT

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai and Seoul advanced, while Tokyo, Hong Kong and Sydney declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington's...

World shares mixed with no easing of China-US trade dispute

May. 20, 2019 6:58 AM EDT

BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall Street...

Asian shares mixed; election results buoy India, Australia

May. 20, 2019 12:57 AM EDT

BANGKOK (AP) — Shares were mixed in Asia on Monday, with India and Australia leading gains for the region following elections that looked set to keep incumbents in office. Japan's Nikkei 225 index edged up 0.3% to 21,343.09 after the government reported Monday that the economy grew at a...

Wobbly week for US stocks; 2nd weekly drop for S&P 500

May. 17, 2019 5:02 PM EDT

Stocks fell broadly on Wall Street Friday as investor jitters over the heated trade war between the world's two biggest economies overshadowed encouraging developments in conflicts between the U.S. and other key trading partners. The sell-off gained strength in the last hour of trading, handing the benchmark...

World shares fall as Huawei sanctions stir trade fears

May. 17, 2019 7:30 AM EDT

SINGAPORE (AP) — Global markets were mostly lower on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China. Germany's DAX slid 0.8% to 12,215.20 and the CAC 40 in France lost 0.5% to 5,418.70. Britain's FTSE 100 fell 0.5% to 7,319.61. Stocks in the U.S....

Asian shares mixed as Huawei sanctions stir trade fears

May. 16, 2019 11:27 PM EDT

SINGAPORE (AP) — Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would cast a pall on trade negotiations with China. Hong Kong's Hang Seng shed 0.4% to 28,161.89 while Japan's benchmark Nikkei 225 jumped 1.6% to 21,391.53. The Kospi in South Korea added 0.2% to...

Stocks resilient in face of latest US trade moves

May. 16, 2019 8:06 AM EDT

LONDON (AP) — Stocks recovered their poise Thursday after dropping over President Donald Trump's decision to limit U.S. exports to foreign telecoms companies, an order that appeared aimed squarely at China. In Europe, Germany's DAX was up 0.9% to 12,204 while the FTSE 100 index of leading British shares...

Asian stocks mixed on trade jitters, reported tariff delay

May. 15, 2019 11:26 PM EDT

TOKYO (AP) — Asian shares were mixed Thursday amid worries over trade tensions, leavened by media reports that President Donald Trump may delay a decision on auto tariffs. On Wall Street, a promising update on the Trump administration's efforts to reach a trade deal with Canada and Mexico by Treasury...

Global stocks subdued as trade dispute remains in focus

May. 15, 2019 7:55 AM EDT

BEIJING (AP) — Stock markets mostly turned lower in European trading Wednesday over the trade dispute between the U.S. and China, even though President Donald Trump said a settlement was still possible. London's FTSE 100 slipped 0.1% to 7,235 while France's CAC 40 shed 0.4% to 5,321. Despite a report that...