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How major US stock indexes fared Friday
Wall Street ended mostly higher Friday after a wobbly day of trading. Trading was subdued ahead of the Memorial Day holiday in the U.S. Despite the uneven finish, major indexes each notched a weekly gain of more than 3%. Strength in technology, communications and real estate stocks helped reverse much of the...
Wall Street ends a choppy day mostly higher; crude oil falls
Stock indexes finished mostly higher Friday as Wall Street shook off an early slide, closing out a solid week of gains for the market. The S&P 500 index inched up 0.2% after having been down 0.5%. It ended the week with a 3.2% gain, largely due to a big rally on Monday that offset all of the benchmark...
Asian shares fall on US friction with China, Hong Kong fears
BANGKOK (AP) — Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic. Hong Kong’s benchmark led regional losses, dropping 3.9% to 23,332.78 after the central government in Beijing said...
How major US stock indexes fared Thursday
Stocks ended lower on Wall Street Thursday as tensions flared again between the U.S. and China and as more dismal news came out detailing economic fallout from the coronavirus pandemic. Technology and health care stocks took some of the heaviest losses. Only industrial sector stocks eked out a gain....
Homebuilders climb even as housing outlook remains cloudy
LOS ANGELES (AP) — The U.S. economy and housing market had set homebuilders up for a strong 2020. That was before the efforts to stem the spread of the coronavirus pandemic knocked the economy into a skid, dimmed consumer confidence and left a record number of Americans unemployed. The housing market...
Asian stocks mixed amid China tension with US, Australia
Asian stock markets were mixed Thursday after Wall Street rose despite trade tensions between China and Washington and Australia. Investors were looking ahead to Friday’s meeting of China’s legislature for details of possible new steps by Beijing to stimulate its virus-battered economy. Benchmarks...
How major US stock indexes fared Wednesday
Stocks posted solid gains on Wall Street Wednesday, erasing their losses from a day earlier. Technology, the only sector that’s holding on to a gain for the year, accounted for much of the market’s upward move. Communications companies and banks also helped drive the market higher. The price of...
Asian shares mixed as virus worries counter recovery hopes
TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. Japan's benchmark Nikkei 225 rose nearly 0.9% in morning trading to 20,606.92 on expectations that a state of emergency...
How major US stock indexes fared Tuesday
A late-day slide left stocks broadly lower on Wall Street Tuesday, as the market gave back some of the ground it gained in a big rally a day earlier. Losses in banks, health care stocks and household goods companies accounted for a big portion of the selling. The drop erased early strength in technology stocks...
Asian stocks up on hopes for vaccine and economies reopening
TOKYO (AP) — Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. Japan's benchmark Nikkei 225 added 1.9% in morning trading to 20,517.42. Australia's S&P/ASX 200...
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