Latest Financial markets News

Signs of recession worry Trump ahead of 2020

Aug. 17, 2019 6:29 AM EDT

WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won't look...

US stocks end turbulent week with broad gains

Aug. 16, 2019 5:24 PM EDT

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks around the world...

How major US stock indexes fared Friday

Aug. 16, 2019 4:56 PM EDT

Stocks marched broadly higher Friday as Wall Street capped a turbulent week on an upbeat note, though the market still posted its third straight weekly loss. Technology stocks and banks drove the rally. Bond yields rose, recovering some of the ground lost after they tumbled earlier in the week, stoking recession...

Markets Right Now: Stocks end turbulent week broadly higher

Aug. 16, 2019 4:09 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended a wild week with solid gains, but not enough to prevent major indexes from logging their third weekly losses in a row. Technology companies and banks did the most to pull the market higher Friday. Traders...

Zimbabwe's police beat anti-government protesters in capital

Aug. 16, 2019 11:48 AM EDT

HARARE, Zimbabwe (AP) — Zimbabwe's police used tear gas, arrests and beatings Friday to quell anti-government protests in the capital, Harare. Seven people were injured, including one in critical condition, and 80 people were arrested, said Nelson Chamisa, leader of the Movement for Democratic Change...

Global stocks recover some ground at end of turbulent week

Aug. 16, 2019 7:40 AM EDT

LONDON (AP) — Global stock markets looked set to end a turbulent week on a positive note although worries about the U.S. economy and the trade conflict between the U.S. and China still have the potential to derail Friday's recovery. Investors in stocks were spooked earlier this week by developments in the...

The Latest: Trump focuses on mental illness, not gun control

Aug. 16, 2019 6:32 AM EDT

MANCHESTER, N.H. (AP) — The Latest on President Donald Trump's campaign rally in New Hampshire (all times local): 8:45 p.m. President Donald Trump says that in the wake of two mass shootings in Ohio and Texas this month that he wants to focus on mental illness to prevent mass gun violence, not gun control....

Asian shares mixed amid ongoing worries about US-China trade

Aug. 16, 2019 12:36 AM EDT

TOKYO (AP) — Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict. Japan's benchmark Nikkei 225 recouped early losses to be up 0.3% at 20,456.96 in morning trading. Australia's S&P/ASX 200 inched down nearly 0.1% to 6,402.40,...

Hong Kong cuts taxes to shore up economy amid protests

Aug. 16, 2019 12:07 AM EDT

HONG KONG (AP) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war. The territory's financial secretary, Paul Chan, cut this year's official growth forecast to 0 to 1%,...

How major US stock indexes fared Thursday

Aug. 15, 2019 5:04 PM EDT

U.S. stocks ended another roller-coaster day mostly higher Thursday, making up just a fraction of the ground they lost in a huge plunge the day before. Still, there were signs that investors remain jittery, as prices for safe-play assets like government bonds and utilities rose. The yield on 10-year Treasury fell...