Latest Stock markets News

Stocks post small losses; investors look ahead to Fed

Jun. 14, 2019 5:02 PM EDT

NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and insurers...

Markets Right Now: Stocks fall on fresh concerns about trade

Jun. 14, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are finishing lower Friday amid more concerns about the business impact of the U.S.-China trade dispute. Technology shares dropped after chipmaker Broadcom reduced its 2019 revenue forecast by $2 billion,...

Stocks don't always get a boost when the Fed cuts rates

Jun. 14, 2019 2:51 PM EDT

When the Federal Reserve cuts interest rates, or even hints that it's about to, investors cheer. That's because lowering rates stokes the overall economy, which sends stock prices higher — usually, that is. The Fed has initiated 16 rate cut cycles since World War II. In 11 of those cycles, the stock market...

Concerns over Persian Gulf escalation weigh on markets

Jun. 14, 2019 7:54 AM EDT

TOKYO (AP) — Global shares mostly fell Friday as investors fretted over the mounting crisis in the Persian Gulf and lingering worries about trade conflict between the U.S. and China. The U.S. has blamed the suspected attacks Thursday on two oil tankers near the strategic Strait of Hormuz on Iran and that...

Asian shares mixed over concerns about oil tankers, trade

Jun. 13, 2019 10:52 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 edged up 0.2% to 21,076.11 in morning...

How major US stock indexes fared Thursday

Jun. 13, 2019 5:10 PM EDT

Stocks closed broadly higher Thursday, led by gains in retailers and media and energy companies. U.S. crude oil rose 2.2% after two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks. Gains in energy and internet companies powered the rally, which ended the market's two-day losing...

Markets Right Now: Stocks rise, break short losing streak

Jun. 13, 2019 4:19 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher Thursday, led by gains in retailers and media and energy companies. Hess rose 2.9% and Halliburton gained 2.8% as an increase in oil prices boosted energy stocks. Oil rose 2.2% after two...

Oil surges on Mideast tanker incident, stocks rise

Jun. 13, 2019 8:06 AM EDT

SINGAPORE (AP) — World stocks mostly rose Thursday and energy prices surged after two oil tankers suffered a suspected attack in the Gulf of Oman, raising tensions over a key trade route for crude. The price of Brent crude oil, the international standard, jumped nearly 4% to $62.24 a barrel on the news. ...

Asian shares mixed on jitters over Hong Kong protests

Jun. 13, 2019 12:12 AM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory's legal autonomy. The protests threaten to shake confidence in the hub for many regional and international businesses and...

Markets Right Now: Stocks fall for the 2nd day in a row

Jun. 12, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending lower for the second day straight, dragged down by losses in technology companies and banks. Energy companies also fell Wednesday as the price of crude oil continued to decline. Investors shifted...