Latest Financial markets News

Stocks stall in midday trading as caution lingers over trade

Oct. 14, 2019 11:55 AM EDT

NEW YORK (AP) — Stocks stalled in midday trading on Wall Street Monday as investors remain cautious about the prospects of a full trade agreement between the U.S. and China. Technology and health care stocks were posting some solid gains even as the energy sector fell because of a decline in the price of...

Markets Right Now: Stocks wobble as trade questions linger

Oct. 14, 2019 11:47 AM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are wobbling between gains and losses as investors remain cautious about the prospects of a full trade agreement between the U.S. and China. Technology and health care stocks were rising in midday trading...

Global stocks turn lower as US-China tariff truce in focus

Oct. 14, 2019 7:44 AM EDT

BEIJING (AP) — Global shares turned lower Monday after the U.S. and China announced a truce on tariff hikes but uncertainty remained over their wide-ranging economic dispute. London and Frankfurt declined and Wall Street was set for small losses on the open, while Asian markets largely closed higher....

Asian stocks gain after US-China announce truce on tariffs

Oct. 14, 2019 12:34 AM EDT

BEIJING (AP) — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on...

Agency eyes big revamp of Wall Street whistleblower program

Oct. 12, 2019 10:48 AM EDT

WASHINGTON (AP) — A federal agency is moving with little fanfare to revamp one of the most successful whistleblower programs in the government, alarming advocates who warn the changes will set back efforts to police Wall Street and punish corporate fraud. Much like the whistleblower system for intelligence...

Stocks rise on trade progress, S&P 500 notches weekly gain

Oct. 11, 2019 5:20 PM EDT

The S&P 500 finished with its first weekly gain in four weeks Friday as investors welcomed a thaw in the punishing trade war between the U.S. and China. After two days of negotiations in Washington, the U.S. agreed to suspend a planned hike in tariffs on $250 billion of Chinese goods that had been set to kick...

How major US stock indexes fared Friday

Oct. 11, 2019 5:04 PM EDT

Stocks closed sharply higher Friday as the U.S. and China reached a partial deal on trade and said they would continue negotiating. President Donald Trump agreed to suspend an increase in tariffs on $250 billion in Chinese goods due to kick in Oct. 15. In exchange, China agreed to boost purchases of U.S. farm...

Markets Right Now: US stocks jump on trade progress

Oct. 11, 2019 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing sharply higher Friday as the U.S. and China reached a partial deal on trade and said they would continue negotiating. President Donald Trump agreed to suspend an increase in tariffs on $250 billion...

Fed plans more Treasury purchases to control lending rates

Oct. 11, 2019 1:39 PM EDT

WASHINGTON (AP) — The Federal Reserve said Friday that it will buy short-term Treasury bills each month until the second quarter of 2020 to inject cash into the banking system and make it easier to control its benchmark lending rate. The action marks the Fed's latest response to a shortage of cash reserves...

Global stocks higher on US-China trade optimism

Oct. 11, 2019 7:43 AM EDT

BEIJING (AP) — Global stocks rose sharply Friday on optimism about U.S.-Chinese talks on ending a tariff war, while oil prices gained as much as 2% after a rocket attack on an Iranian tanker. Benchmarks in Frankfurt, Paris, London, Shanghai and Tokyo all advanced and Wall Street was set to open sharply...