Latest Central banking News

World stocks subdued as Wall Street eyes new record highs

Apr. 24, 2019 7:31 AM EDT

BANGKOK (AP) — Stock markets were subdued in Europe and Asia on Wednesday as investors look to corporate earnings for clues on whether the S&P 500 will hit another all-time record close. The FTSE 100 in Britain lost 0.3% to 7,502 while the CAC 40 in France was flat at 5,590. The DAX in Germany gained...

Asian markets lower after S&P 500, Nasdaq hit record highs

Apr. 24, 2019 1:09 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday as the rally on Wall Street, where the S&P 500 logged an all-time record high close, ran out of steam. Japan's Nikkei 225 index lost 0.6% to 22,136.56 and the Hang Seng in Hong Kong fell 0.9% to 29,707.64. The Shanghai Composite index...

Writings on gender issues magnify scrutiny of Trump Fed pick

Apr. 24, 2019 12:06 AM EDT

WASHINGTON (AP) — Additional provocative commentaries about women written by Stephen Moore, President Donald Trump's pick for the Federal Reserve board, emerged Tuesday, a day after a second White House Fed choice withdrew from consideration. In a column for the Washington Times, Moore wrote in 2000 that...

S&P 500, Nasdaq close at record highs as earnings roll in

Apr. 23, 2019 7:54 PM EDT

The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S....

Writings on gender issues magnify scrutiny of Trump Fed pick

Apr. 23, 2019 7:16 PM EDT

WASHINGTON (AP) — Additional provocative commentaries about women written by Stephen Moore, President Donald Trump's pick for the Federal Reserve board, emerged Tuesday, a day after a second White House Fed choice withdrew from consideration. In a column for the Washington Times, Moore wrote in 2000 that...

How the major US stock indexes fared Tuesday

Apr. 23, 2019 5:07 PM EDT

The S&P 500 index closed at a record high Tuesday, surpassing the peak it set last September and recouping all the ground it lost in a nosedive late last year. The Nasdaq index also closed at a new high. The market has risen sharply since bottoming out on Christmas Eve, driven by greater confidence in the...

Back to the same record, but it's a different stock market

Apr. 23, 2019 4:36 PM EDT

NEW YORK (AP) — Stock investors had to go on a harrowing round trip over the last seven months, but the market may be in a healthier place after it. The S&P 500 index of big U.S. stocks is back to a record high, closing above 2,930 on Tuesday for the first time since Sept. 20. On the way, though, it...

Markets Right Now: S&P 500, Nasdaq close at record highs

Apr. 23, 2019 4:09 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The S&P 500 index is closing at a record high, surpassing the peak it set last September and recouping all the ground it lost in a nosedive late last year. The Nasdaq index also closed at a record high Tuesday....

A Trump Fed choice steps aside, and another faces new doubts

Apr. 23, 2019 12:06 AM EDT

WASHINGTON (AP) — President Donald Trump's efforts to reshape the Federal Reserve stumbled on Monday, with one of his potential nominees for the Fed's board withdrawing from consideration and another being enveloped by fresh doubts. Herman Cain, a former CEO of Godfather's Pizza, asked to be taken out of...

A Trump Fed choice steps aside, and another faces new doubts

Apr. 22, 2019 6:05 PM EDT

WASHINGTON (AP) — President Donald Trump's efforts to reshape the Federal Reserve stumbled on Monday, with one of his potential nominees for the Fed's board withdrawing from consideration and another being enveloped by fresh doubts. Herman Cain, a former CEO of Godfather's Pizza, asked to be taken out of...