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Oil price plunge sends ripples through global economy

Nov. 21, 2018 7:24 AM EST

FRANKFURT, Germany (AP) — A sharp drop in the price of oil is sending ripples through the global economy, lending more spending power to consumers — particularly for Americans' big holiday shopping spree — but potentially dampening investment in U.S. oil production. While the fall doesn't yet...

Asian shares fall on sign of escalating US-China tensions

Nov. 20, 2018 10:36 PM EST

SINGAPORE (AP) — Asian markets fell on Wednesday after a trade dispute between the U.S. and China stalled a weekend meeting, dimming hopes that it could be resolved once their leaders meet. KEEPING SCORE: Japan's benchmark Nikkei 225 dropped 0.6 percent to 21,447.53 and the Kospi in South Korea was down...

Global stocks slide as futures point to Wall Street drop

Nov. 20, 2018 7:44 AM EST

BEIJING (AP) — World stocks slid Tuesday and Wall Street was expected to drop again amid concerns about the tech sector dragged down U.S. indexes the day before. KEEPING SCORE: In Europe, Germany's DAX index lost 0.9 percent to 11,144 and France's CAC 40 shed 0.9 percent to 4,942. London's FTSE 100...

Asian stocks slide after Wall Street losses, Nissan arrest

Nov. 19, 2018 11:08 PM EST

BEIJING (AP) — Asian stocks slid Tuesday after tech losses dragged down Wall Street and Nissan's chairman was arrested on charges of financial misconduct. KEEPING SCORE: The Shanghai Composite Index fell 1 percent to 2,675.69 and Tokyo's Nikkei 225 lost 0.9 percent to 21,633.54. Hong Kong's Hang Seng...

Trade tensions continue to weigh on global markets

Nov. 19, 2018 8:41 AM EST

LONDON (AP) — Global stock markets traded in fairly narrow ranges Monday amid continuing trade tensions. French carmaker Renault saw its share price tank after partner Nissan accused its chairman of serious misconduct and announced plans to oust him. KEEPING SCORE: In Europe, France's CAC 40 was flat at...

Health care, energy companies power US stock market higher

Nov. 16, 2018 5:27 PM EST

Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday. Despite the 11th-hour rally, the benchmark S&P 500 index ended with its second weekly loss in four weeks. Gains in health care and energy companies powered the market...

Health care, energy companies power US stock market higher

Nov. 16, 2018 3:33 PM EST

A late afternoon wave of buying moved U.S. stocks higher Thursday. Even so, the market was on course to finish with a steep weekly loss. Gains in health care and energy companies powered the market higher. It also got a brief boost earlier after President Donald Trump expressed optimism that the U.S. and China...

World markets subdued on trade, Brexit tensions

Nov. 16, 2018 7:30 AM EST

SINGAPORE (AP) — World markets were subdued on Friday as trade tensions and political risks surrounding Britain's exit from the European Union kept investor cautious. KEEPING SCORE: France's CAC lost 0.2 percent to 5,021 while Germany's DAX was down 0.1 percent at 11,344. Britain's FTSE 100 shed 0.3...

Asia shares mixed on uncertainty over trade tensions

Nov. 15, 2018 11:09 PM EST

SINGAPORE (AP) — Shares were mixed in early trading in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China. KEEPING SCORE: Japan's Nikkei 225 index lost 0.4 percent to 21,717.57 and the Hang Seng in Hong Kong gave up 0.5 percent to...

Stocks mostly rise but Europe weighed down by Brexit discord

Nov. 15, 2018 7:44 AM EST

BEIJING (AP) — Global stock markets mostly rose Thursday, though European indexes and the pound sagged as discord within the British government threatened a newly agreed Brexit deal. KEEPING SCORE: German's DAX was flat at 11,417 and France's CAC 40 shed 0.3 percent to 5,054. London's FTSE 100 gained 0.1...