Latest Financial markets News

Asian shares mixed after US stocks retreat from record high

Apr. 24, 2019 10:14 PM EDT

TOKYO (AP) — Asian shares were mixed Thursday after U.S. stocks closed lower, giving back some of its gains a day after the S&P 500 and Nasdaq hit record highs. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 22,247.14. South Korea's Kospi fell nearly 0.3% to 2,195.56. Hong Kong's Hang...

NRA beset by infighting over whether it has strayed too far

Apr. 24, 2019 6:17 PM EDT

The National Rifle Association is used to battling forces that criticize its fiery and unbending efforts to protect gun rights. But as the group gathers for its annual convention this week, the NRA may be facing its toughest foe in decades: its own members. NRA insiders and longtime observers describe an...

How the major US stock indexes fared Wednesday

Apr. 24, 2019 5:08 PM EDT

Stocks gave up an early gain to finish with modest losses Wednesday as investors continued weighing a steady flow of corporate earnings. Energy and communications companies took some of the biggest losses as a three day rally in the price of U.S. crude oil ended. Bond prices rose, sending yields lower, as...

Anadarko and eBay jump while iRobot and AT&T slump

Apr. 24, 2019 4:22 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Anadarko Petroleum Corp., up $7.41 to $71.40 The oil company is being offered $57 billion by Occidental Petroleum in a bidding war against Chevron. eBay Inc., up $1.85 to $38.52 The e-commerce company surprised investors with...

Markets Right Now: Stocks edge lower a day after record

Apr. 24, 2019 4:09 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks gave up an early gain and drifted mostly lower on Wall Street as investors continue digesting a steady flow of corporate earnings. Energy and communications companies took some of the biggest losses Wednesday....

Wall Street keeps hitting records. What do investors do now?

Apr. 24, 2019 12:30 PM EDT

The S&P 500 just hit an all-time high, recovering from last year's dramatic plunge. The economy seems to be on fairly solid footing, still it's anyone's guess what happens next for the stock market. So what does this mean for the average investor? Here are answers to some questions about where stocks stand...

World stocks subdued as Wall Street eyes new record highs

Apr. 24, 2019 7:31 AM EDT

BANGKOK (AP) — Stock markets were subdued in Europe and Asia on Wednesday as investors look to corporate earnings for clues on whether the S&P 500 will hit another all-time record close. The FTSE 100 in Britain lost 0.3% to 7,502 while the CAC 40 in France was flat at 5,590. The DAX in Germany gained...

German business outlook darkens amid trade slowdown

Apr. 24, 2019 6:01 AM EDT

FRANKFURT, Germany (AP) — An index of German business optimism fell in April as Europe's largest economy struggles with a slowdown in trade and manufacturing even as it finds support from a strong labor market. The Ifo institute said Wednesday its business climate index slipped to 99.2 points from 99.7...

Asian markets lower after S&P 500, Nasdaq hit record highs

Apr. 24, 2019 1:09 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index...

S&P 500, Nasdaq close at record highs as earnings roll in

Apr. 23, 2019 7:54 PM EDT

The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S....