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U.S.President Donald Trump and first lady Melania Trump stand with Indian President Ram Nath Kovind and his wife Savita Kovind during the playing of the national anthem at a state banquet at Rashtrapati Bhavan, Tuesday, Feb. 25, 2020, in New Delhi, India. (AP Photo/Alex Brandon, Pool)

The Latest: Trump hails India trip as 'learning experience'

Feb. 25, 2020 11:02 AM EST

NEW DELHI (AP) — The Latest on President Donald Trump's visit to India (all times local): 8:40 p.m. President Donald Trump says an India visit that featured a mega-rally, a tour of the Taj Mahal and meetings with business leaders and Prime Minister Narendra Modi has been a “tremendous learning...

FILE - In this Feb. 24, 2020, file photo specialist Erica Fredrickson works with a colleague on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 25. (AP Photo/Richard Drew, File)

Stocks slip in early trading after worst drop in 2 years

Feb. 25, 2020 10:29 AM EST

NEW YORK (AP) — U.S. stocks are slipping in early trading Tuesday, a day after the market's biggest drop in two years. The steep sell-off on Monday erased all of the Dow Jones Industrial Average’s gains for the year. Energy companies fell as crude oil prices edged lower. Technology companies rose,...

People stand an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

Virus outbreak keeps global markets in check

Feb. 25, 2020 8:26 AM EST

LONDON (AP) — Share prices around the world, particularly in Japan, took a hit Tuesday amid mounting fears about the economic impact of the new coronavirus outbreak. An anticipated solid opening on Wall Street provided some hope that the current bout of selling might ease. With cases of the virus outside...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

Asian shares extend losses after Dow drops more than 1,000

Feb. 24, 2020 10:21 PM EST

Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy. Japan's Nikkei 225 index lost 3%, to 22,686.61 after it...

FILE - This July 15, 2011, file photo shows Clorox brand products line the shelf of a supermarket in the East Village neighborhood of New York. A handful of companies are rising to new highs even as stock markets around the world tumble on worries about a rapidly spreading virus. Clorox is close to an all-time high after jumping Monday, Feb. 24, 2020, amid expectations that more homes and hospitals will use its disinfecting wipes, for example. (AP Photo/Mary Altaffer, File)

Disinfecting wipes, conference calls: Wall Street winners

Feb. 24, 2020 5:06 PM EST

NEW YORK (AP) — Stay indoors and stay clean. That's what Wall Street is betting people around the world will do given all the fears about a rapidly spreading virus. As stock markets tumble on worries about how much COVID-19 will harm people and slow the global economy, more than a handful of companies...

Women wearing sanitary masks walk in downtown Milan, Italy, Monday, Feb. 24, 2020. Italy has been scrambling to check the spread of Europe's first major outbreak of the new viral disease amid rapidly rising numbers of infections, calling off the popular Venice Carnival, scrapping major league soccer matches in the stricken area and shuttering theaters, including Milan's legendary La Scala. (AP Photo/Luca Bruno)

Virus outbreak chills markets, outlook for global economy

Feb. 24, 2020 2:36 PM EST

FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute. Amid concerns that global output could decline for the first time since the global financial crisis a little...

A currency trader wears a face mask at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2020. (AP Photo/Ahn Young-joon)

Markets tank on concern about virus impact on world economy

Feb. 24, 2020 7:15 AM EST

BANGKOK (AP) — Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the economic outlook. The decline promises a sharp drop on Wall Street when it opens and comes after...

In this Feb. 7, 2020, file photo, a man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Shares skidded in Asia on Monday, Feb. 24, after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street.(AP Photo/Eugene Hoshiko)

Asian shares take hit as new virus cases jump outside China

Feb. 24, 2020 12:00 AM EST

BANGKOK (AP) — Shares skidded in Asia on Monday after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street. South Korea's Kospi dropped 3% to 2,098.37, while the S&P ASX/200 in Sydnay lost 2.3% to 6,975.20. Hong Kong's Hang Seng dropped 1.5% to...

How major US stock indexes fared Friday

Feb. 21, 2020 4:57 PM EST

Stocks fell and bond prices rose sharply on Wall Street Friday amid fresh signs that the viral outbreak that originated in China is weighing on U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds. The price of gold also rose. Technology...

FILE - In this Feb. 6, 2020, file photo trader John Doyle 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. 21. (AP Photo/Richard Drew, File)

Stocks sink, Treasury prices soar as investors seek safety

Feb. 21, 2020 4:54 PM EST

Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds. The price of gold climbed...