Latest Stock prices News

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

Jun. 19, 2019 3:02 AM 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 finish at 21,333.87. Australia's S&P/ASX 200 rose 1.2% to 6,648.10. South Korea's...

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...

MoneyGram's shares more than double on deal with Ripple

Jun. 18, 2019 4:49 PM EDT

NEW YORK (AP) — MoneyGram's shares more than doubled Tuesday after the money transfer company announced a partnership with the cryptocurrency company Ripple. The companies said late Monday that the two-year deal will allow MoneyGram to use Ripple's blockchain service for cheaper cross-border payments....

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...

Asian markets mostly edge higher ahead of Fed meeting

Jun. 17, 2019 11:43 PM EDT

SINGAPORE (AP) — Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. The Kospi in South Korea gained 0.5% to 2,101.43, and Hong Kong's Hang Seng picked up 0.9% to 27,471.19. The Shanghai Composite index jumped 0.2% to 2,892.53, while...

Markets Right Now: Stocks climb, adding to recent gains

Jun. 17, 2019 4:14 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks built on their recent momentum on Wall Street but the gains were relatively modest and trading remained choppy. Facebook jumped 4.2% and Netflix added 3.2% Monday, leading the way higher among communications...

Pfizer to buy Array BioPharma in deal worth $11.4 billion

Jun. 17, 2019 8:29 AM EDT

NEW YORK (AP) — Pfizer is delving deeper into cancer research with a roughly $11.4 billion deal for Array BioPharma, a drug developer that has seen its shares soar since announcing positive clinical trial results earlier this spring. Pfizer said Monday it will pay $48 per share in cash for Array, whose...

Asian shares mostly higher as investors look ahead to Fed

Jun. 16, 2019 11:35 PM EDT

TOKYO (AP) — Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan's benchmark Nikkei 225 gained 0.3% to 21,170.63 in morning trading. Australia's S&P/ASX 200 lost 0.3% to 6,535.50, while South...