Latest Stock indices and averages News

World shares rise on hopes for US-China truce, Fed outlook

Jun. 20, 2019 8:00 AM EDT

BANGKOK (AP) — Global markets advanced Thursday on hopes for a trade truce between the United States and China and the Federal Reserve's hint at lower rates. The price of oil surged amid heightened tensions between Iran and the U.S. Confirmation of a meeting between President Donald Trump and his...

Asian shares gain, Shanghai up 2.6%, on Fed rate cut talk

Jun. 20, 2019 12:43 AM EDT

BANGKOK (AP) — Asian shares were higher on Thursday, with the Shanghai benchmark up 2.6%, after the Federal Reserve reaffirmed that it's prepared to cut interest rates if needed to shield the U.S. economy from trade conflicts or other threats. The Thursday tracked modest gains on Wall Street. The 10-year...

How major US stock indexes fared Wednesday

Jun. 19, 2019 4:53 PM EDT

Stocks rose modestly on Wall Street after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shore up the economy. The bond market had a more pronounced reaction to the Fed's announcement Wednesday. The yield on the 10-year Treasury note fell to 2.03%, its lowest level since...

Markets Right Now: Stocks rise as Fed signals lower rates

Jun. 19, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks rose modestly on Wall Street after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shore up the economy. The bond market had a more pronounced reaction to the Fed's...

The Latest: Fed sees no risk to dollar from cryptocurrencies

Jun. 19, 2019 3:11 PM EDT

NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell is downplaying the possibility that digital currencies such as Facebook's planned "Libra" could supplant government-backed dollars any time soon. Powell tells...

Global shares mixed ahead of Fed rate decision

Jun. 19, 2019 7:37 AM EDT

TOKYO (AP) — Global markets were mixed Wednesday amid some optimism about U.S.-China trade talks and ahead of an interest rate decision by the U.S. Federal Reserve. The Fed isn't considered ready to announce its first rate cut in more than a decade, but many expect the central bank to signal an inclination...

Asian shares up on trade optimism as Trump hints of Xi talks

Jun. 18, 2019 11:32 PM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70. South...

How major US stock indexes fared Tuesday

Jun. 18, 2019 4:54 PM EDT

Technology companies powered stocks solidly higher on Wall Street Tuesday as traders hoped that a meeting next week between President Donald Trump and President Xi Jinping of China will ease trade tensions between the two economic powers. Markets also got a boost after the head of the European Central Bank said...

Markets Right Now: Trade deal hopes send US stocks higher

Jun. 18, 2019 4:06 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing broadly higher on Wall Street as traders hoped that a meeting next week between President Donald Trump and President Xi Jinping of China could ease trade tensions between the two economic powers....

World shares rise after ECB says rate cuts possible

Jun. 18, 2019 7:53 AM EDT

SINGAPORE (AP) — Global shares rose Tuesday after the president of the European Central Bank said it was ready to cut interest rates and provide stimulus if the economy needed it. Traders also focused on upcoming rate decisions by the U.S. Federal Reserve and the British and Japanese central banks this...