Latest Financial markets News

Chinese swimming star defends failure to take doping test

Nov. 15, 2019 12:09 PM EST

MONTREUX, Switzerland (AP) — Chinese Olympic champion swimmer Sun Yang defended his failure to take a doping test by testifying at a rare public hearing Friday that inspectors drawing blood and urine samples failed to have the proper identification papers. Courtroom translation problems in both English and...

Markets Right Now: Trade hopes send stocks toward records

Nov. 15, 2019 11:50 AM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are heading for more record highs on Wall Street after U.S. officials said they were making progress in the latest push for a trade agreement with China. Technology stocks were the biggest winners Friday....

US-China trade deal hopes lift stocks on Wall Street

Nov. 15, 2019 11:44 AM EST

NEW YORK (AP) — Stocks moved higher on Wall Street and headed for records on Friday after U.S. officials said they were making progress in the latest push for a trade agreement with China. The market has been sensitive to any developments on U.S.-China trade talks. Investors hope the world’s two...

Global shares mostly rise on talk of China-US trade deal

Nov. 15, 2019 7:39 AM EST

BANGKOK (AP) — Shares mostly rose on Friday after U.S. governments officials said they were getting close to an agreement with China to cool tensions over trade. Germany’s DAX rose 0.2% to 13,208, and France’s CAC 40 gained 0.4% to 5,922. Futures for the Dow Jones Industrial Average and the...

Stock prices surge on bullish talk on China-US trade deal

Nov. 15, 2019 12:27 AM EST

BANGKOK (AP) — Shares advanced in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade. Markets have swung from euphoria to alarm as officials in Beijing and Washington offered conflicting opinions about the state of the...

How major US stock indexes fared Thursday

Nov. 14, 2019 5:05 PM EST

Wall Street capped a day of listless trading Thursday with the S&P 500 hitting a record high for the second straight day. The Dow Jones Industrial Average and Nasdaq composite ended with slight losses. The market’s lethargic turn came on a day with little market-moving news. Investors are awaiting more...

Cisco and Navistar tumble while Tyson and Dillard’s gain

Nov. 14, 2019 4:59 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Tyson Foods Inc., up $1.47 to $90.34 Shares in meat packers moved higher after China lifted its four-year ban on U.S. poultry imports. Dillard’s Inc., up $9.60 to $77.41 The department store operator surprised Wall Street...

UN envoy: As Venezuela exodus drags on many won’t go back

Nov. 14, 2019 4:49 PM EST

BOGOTA, Colombia (AP) — The Venezuela migration crisis has now entered a new stage in which many of those fleeing their country’s devastating economic downturn and political turmoil are increasingly unlikely to return, a United Nations special envoy said. Eduardo Stein told The Associated Press on...

Markets Right Now: S&P 500 ekes out a record at the close

Nov. 14, 2019 4:17 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The S&P 500 has eked out a new record on an otherwise uneventful day on Wall Street. The benchmark index closed with a gain of 2 points at 3,096, its third straight increase after a decline on Monday....

Powell urges Congress to tackle growing budget deficit

Nov. 14, 2019 3:23 PM EST

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell on Thursday urged Congress to tackle the growing budget deficit but also underscored the current health of the nation’s economy. Powell’s testimony before the House Budget Committee came a day after he told Congress’ Joint...