Latest Stock indices and averages News

A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, Feb. 19, 2020. Asian shares are mostly rising despite continuing fears about an outbreak of a new virus that began in China, which sent regional indexes mostly lower recently. (AP Photo/Kin Cheung)

Asian shares mostly rise while virus fears continue

Feb. 19, 2020 2:31 AM EST

TOKYO (AP) — Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an outbreak of a new virus that began in China. The Nikkei 225 rose 1.0% in afternoon trading to 23,415.30. Australia's S&P/ASX 200 added 0.4% to 7,144.60. South Korea's Kospi declined...

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 18, 2020. Shares have fallen in Asia as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to cancel major events including the Beijing auto show. (AP Photo/Eugene Hoshiko)

Asian shares mostly rise despite continuing virus fears

Feb. 18, 2020 11:47 PM EST

TOKYO (AP) — Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an outbreak of a new virus that began in China. The Nikkei 225 rose 1.1% in morning trading to 23,453.59 after data for January showed Japan's exports fell less than expected in January....

How major US stock indexes fared Tuesday

Feb. 18, 2020 5:44 PM EST

Major U.S. stock indexes closed mostly lower Tuesday, erasing some of the market's gains from the past two weeks. Banks and technology stocks accounted for most of the decline. The Nasdaq eked out a tiny gain that was good enough to nudge it to another record high. The selling came as investors weighed the...

Traders gather at the post of Specialist Anthony Matesic, background center, on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)

Franklin Resources buying Legg Mason for $4.5 billion

Feb. 18, 2020 11:15 AM EST

SAN MATEO, Calif. (AP) — Franklin Resources is buyingrival investment managerLegg Mason for $4.5 billion, the latest shakeup in an industry grappling with customers who continue to clamor for lower fees. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50in cash...

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 18, 2020. Shares have fallen in Asia as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to cancel major events including the Beijing auto show. (AP Photo/Eugene Hoshiko)

Shares take hit as virus outbreak slams profits, events

Feb. 18, 2020 7:08 AM EST

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the Beijing auto show. Britain's FTSE 100 dropped 1% to...

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 18, 2020. Shares have fallen in Asia as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to cancel major events including the Beijing auto show. (AP Photo/Eugene Hoshiko)

Shares fall in Asia as virus outbreak hits profits, events

Feb. 18, 2020 1:56 AM EST

BANGKOK (AP) — Shares slipped in Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to postpone or cancel major events including the Beijing auto show. Signs suggest China may postpone its annual...

People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)

Asian markets mixed: Japan skids; China helped by rate cut

Feb. 16, 2020 11:30 PM EST

BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of...

FILE - In this May 10, 2019, file photo, a man walks in shade of a building as other people rest at a bench in Tokyo. The Japanese economy shrank at an annual pace of 6.3% in the October-December period, as growth got battered by typhoons and crimped consumer spending. The seasonally adjusted data released Monday, Feb. 17, 2020, by the Cabinet Office comes amid looming fears about the damage the regional economy is almost certain to suffer from the outbreak of a new virus that began in China late last year.(AP Photo/Eugene Hoshiko, File)

Japanese economy sinks amid fears about virus impact

Feb. 16, 2020 9:48 PM EST

TOKYO (AP) — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending. The seasonally adjusted economic data released Monday by the Cabinet Office comes amid looming fears about the economic damage expected from the new viral...

How major US stock indexes fared Friday

Feb. 14, 2020 5:30 PM EST

Stock indexes finished mostly higher on Wall Street Friday as technology, real estate and utilities companies outweighed losses elsewhere in the market. The major indexes finished with their second straight weekly gain. Bond yields fell and the price of gold rose as traders remained cautious following China's...

Trader Ronald Madarasz works on the floor of the New York Stock Exchange, Friday, Feb. 14, 2020. U.S. stocks wobbled between small gains and losses in early trading Friday as investors focused on another round of mostly solid corporate earnings. (AP Photo/Richard Drew)

US stocks post small gains, major indexes up for the week

Feb. 14, 2020 5:13 PM EST

Wall Street closed out a wobbly day of trading Friday with the major stock indexes notching their second straight weekly gain. The S&P 500 and Nasdaq eked out tiny gains, good enough to nudge each to an all-time high for the fourth time this week. The Dow Jones Industrial Average ended with a slight loss....