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US stocks rebound, but S&P 500 ends with 3rd weekly loss
Stocks on Wall Street notched modest gains Friday, erasing some of the market's steep losses from a day earlier. The upbeat finish to a turbulent week still left the market with its third straight weekly loss. Stocks swung between gains and losses all week as investors weighed the prospect of a prolonged trade...
Global stocks recover with focus on trade, Brexit
TOKYO (AP) — Global stocks are rebounding following Thursday's sell-off, with markets hoping for an easing in the U.S.-China trade dispute and after British Prime Minister Theresa May said she plans to resign as of June 7. Investors appear to hope May's pending resignation could unblock the political...
Asia shares retreat on fears China-US trade row might spread
TOKYO (AP) — Asian shares were mostly lower on Friday as worries that the standoff between the U.S. and China over trade might expand put investors in a selling mood. Japan's benchmark Nikkei 225 fell 0.5% to 21,053.95. Australia's S&P/ASX 200 lost 0.7% at 6,445.40. South Korea's Kospi dropped 0.9% to...
World shares sink as US-China spat takes center stage
SINGAPORE (AP) — World stock markets fell sharply Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. Private surveys, meanwhile, showed continued weakness in the eurozone economy in May, with a slowdown in manufacturing and services. France's...
Nonprofits turn to cryptocurrency to help needy Venezuelans
BARQUISIMETO, Venezuela (AP) — Andreina Cordero started the year skipping meals so her three kids could eat. Her husband, a construction worker, was out of a job. And the family's savings had been devastated by the nation's hyperinflation, limiting Cordero's children to a diet of rice, beans, pasta and...
World markets subdued amid trade uncertainty
BANGKOK (AP) — World stock markets were subdued Wednesday as investors monitored developments in the U.S.-China trade war and looked ahead to the release of minutes to the U.S. Federal Reserve's last policy meeting. After a day of modest gains in Asia, Britain's FTSE 100 rose 0.5% to 7,362, while the DAX...
Tech rebound powers US stocks higher, snaps 2-day S&P slump
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
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
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
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...
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