Latest Currency markets News

Banks, insurers pull stocks lower; Oil snaps 12-day skid

Nov. 14, 2018 4:50 PM EST

A turbulent day of trading on Wall Street ended Wednesday with a fifth consecutive loss for the benchmark S&P 500 index. An early rally drove major indexes sharply higher but was gone by midday, leaving the market headed lower for the rest of the day. The Dow Jones Industrial Average swung from a high of 214...

Global shares dip after Wall Street falls over oil concerns

Nov. 14, 2018 8:06 AM EST

LONDON (AP) — Concerns about political developments in Britain and Italy kept a lid on global stock markets on Wednesday. Meanwhile oil prices recouped some lost ground. KEEPING SCORE: In Europe, France's CAC slipped 0.4 percent to 5,082 while Germany's DAX fell .3 percent to 11,441. The FTSE 100 index of...

Asian shares lower after Wall Street falls over oil concerns

Nov. 13, 2018 10:17 PM EST

TOKYO (AP) — Asian shares were mostly lower Wednesday, after the steepest drop in oil prices in more than three years put investors in a selling mood on Wall Street. KEEPING SCORE: Japan's benchmark Nikkei 225 inched down 0.1 percent to 21,779.22 in early trading, while Australia's S&P/ASX 200 lost 1.3...

Stocks recover from tech sell-off, oil down on Trump warning

Nov. 13, 2018 6:55 AM EST

BEIJING (AP) — Stock markets stabilized Tuesday after a sell-off led by technology shares dragged Wall Street sharply lower the day before. The price of oil fell after U.S. President Donald Trump said Saudi Arabia should not cut production, as it had said it would. KEEPING SCORE: In Europe, Germany's DAX...

Asian stocks sink after Wall Street tech sell-off

Nov. 12, 2018 11:25 PM EST

BEIJING (AP) — Asian stocks sank Tuesday after a tech sell-off dragged Wall Street lower. KEEPING SCORE: Tokyo's Nikkei 225 tumbled 3.2 percent to 21,554.45 and Hong Kong's Hang Seng lost 1.1 percent. The Shanghai Composite Index was off 0.2 percent at 2,625.37 and Sydney's S&P-ASX 200 gave up 1.9...

1 year after Mugabe fall, Zimbabwe asks 'what has changed?'

Nov. 12, 2018 7:59 AM EST

HARARE, Zimbabwe (AP) — One year ago the unthinkable happened in Zimbabwe: Robert Mugabe fell from power. Tanks rolled in the streets of the capital, Harare, on Nov. 14, 2017, and the military put Mugabe under house arrest, in reaction to Mugabe's firing of Vice President Emmerson Mnangagwa. Hundreds of...

Stock markets subdued as oil rises, breaking losing streak

Nov. 12, 2018 6:58 AM EST

SINGAPORE (AP) — Global markets were subdued Monday as the price of oil rose and investors looked to the release of economic data by the U.S. and China that could show the effects of a trade dispute between the world's two biggest economies. KEEPING SCORE: Germany's DAX lost 0.8 percent to 11,442 while...

Asia shares gain ahead of key data; oil recovers

Nov. 11, 2018 10:35 PM EST

SINGAPORE (AP) — Asian markets were mostly higher on Monday ahead of key economic data, such as industrial production figures from China and Japan later in the week. KEEPING SCORE: Japan's Nikkei 225 added 0.2 percent to 22,284.23. Hong Kong's Hang Seng rose 0.5 percent to 25,716.59. The Shanghai Composite...

Stocks skid as tech companies fall; oil plunge continues

Nov. 9, 2018 4:52 PM EST

NEW YORK (AP) — U.S. stocks fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil prices fell for the 10th day in a row. Auto sales in China fell in October for the fourth month in a row and are down 13 percent from a year...

Stocks skid as oil plunge continues; tech sector also falls

Nov. 9, 2018 12:05 PM EST

NEW YORK (AP) — U.S. stocks are falling Friday as technology and internet companies take steep losses. Energy companies are also lower as crude oil heads for its 10th drop in a row. The price of oil has been falling steadily since early October and is now trading at its lowest price since April, causing...