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FILE - In this March 31, 2020 file photo American Airlines planes are parked at Pittsburgh International Airport in Imperial, Pa. Shares of American Airlines posted a record percentage gain Thursday, June 4, 2020 after the carrier said it will aggressively add back flights in July — a bet that the slow recovery in air travel will gain speed this summer as states re-open their economies. (AP Photo/Gene J. Puskar, file)

Airline stocks soar as American, United add back flights

Jun. 4, 2020 6:10 PM EDT

DALLAS (AP) — Airline stocks soared Thursday after American Airlines said it will aggressively add back flights in July — a bet that the slow recovery in air travel will gain speed this summer as states re-open their economies. United Airlines also announced plans to add back flights, while taking a...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Wall Street pauses, and S&P 500's 4-day winning streak snaps

Jun. 4, 2020 4:56 PM EDT

Wall Street paused on Thursday, and the S&P 500 fell for the first time in five days as stocks that had held steadiest through this year’s feverish swings gave back some of their gains. The S&P 500 lost 10.52 points, or 0.3%, to 3,112.35 after being on track earlier in the day for its longest...

FILE - In this Thursday, March 19, 2020 file photo, a pedestrian wearing a surgical mask and gloves walks past the New York Stock Exchange in New York. Much of Wall Street is still skeptical of the huge surge for stocks over the last two months. Stocks have a long history of making big gains within long-term down markets, only for the bottom to give out again. (AP Photo/Kevin Hagen)

You're not the only one skeptical of the stock market rally

Jun. 4, 2020 11:37 AM EDT

Just because stocks have scrambled nearly all the way back to their record heights doesn’t necessarily mean the market is in the clear. Stocks have a long history of making big gains within long-term down markets, only for the bottom to give out again. Such mini-, ultimately futile rallies were regular...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Asia markets mixed after Wall Street rises on better US data

Jun. 3, 2020 11:54 PM EDT

Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery...

How major US stock indexes fared Wednesday

Jun. 3, 2020 4:44 PM EDT

Stocks rallied again on Wall Street Wednesday, and the S&P 500 climbed back to where it was just one week after it set its all-time high earlier this year. The S&P 500 rose for a fourth straight day and climbed back within 8% of its record set in February as lockdowns loosen around the world and raise...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 3, 2020. Asian shares are rising after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. (AP Photo/Ahn Young-joon)

Asian shares rise as Wall Street gains for 3rd straight day

Jun. 2, 2020 11:40 PM EDT

TOKYO (AP) — Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. Japan's benchmark Nikkei 225 gained 1.1% to 22,581.19 in morning trading. Australia's S&P/ASX 200 rose...

How major US stock indexes fared Tuesday

Jun. 2, 2020 4:54 PM EDT

Stocks closing higher on Wall Street Tuesday for the third day in a row, continuing a stretch of gains for the market. Major indexes wavered through the morning then turned solidly higher late in the day. Energy stocks far outpaced the rest of the market as the price of crude oil rose again. Bond yields rose,...

A woman wearing a face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, June 1, 2020. Asian stock markets have rebounded after U.S. President Donald Trump avoided reigniting a trade war with China amid tension. (AP Photo/Vincent Yu)

Asian shares mostly higher following Wall Street gains

Jun. 2, 2020 12:02 AM EDT

TOKYO (AP) — Shares were mostly higher in Asia on Tuesday, lifted by moves to reopen many regional economies from shutdowns aimed at containing the coronavirus pandemic. Benchmarks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai and Sydney. Jakarta’s main index jumped 2% and...

How major US stock indexes fared Monday

Jun. 1, 2020 4:43 PM EDT

Stocks closed broadly higher on Wall Street Monday after shaking off a wobbly start. Banks, companies that depend on consumer spending and communications companies accounted for a big slice of the modest gains. Health care was the only sector to fall. Bond yields were mostly higher. The S&P 500 is coming off...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 29, 2020. Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. (AP Photo/Eugene Hoshiko)

Stocks erase a loss as worries over China tensions fizzle

May. 29, 2020 5:13 PM EDT

Stocks closed out a solid week on Wall Street Friday with a late-afternoon rebound after worries that President Donald Trump would reignite a costly trade war with China faded. The benchmark S&P 500 index rose 0.5%, recovering from a 1% slide, after Trump outlined several actions in response to a move by...