Latest Crude oil markets News

US stocks jump following strong company earnings

Oct. 19, 2018 10:13 AM EDT

NEW YORK (AP) — Strong earnings are sending U.S. stocks higher Friday at the end of a choppy week of trading. Consumer products maker Procter & Gamble is surging after reporting strong sales of beauty products in its latest quarter, while credit card company American Express and payment processor...

Asian stocks tumble after Wall Street skids, China slows

Oct. 18, 2018 11:52 PM EDT

BEIJING (AP) — Asian stock markets sank Friday after Wall Street declined on losses for tech and industrial stocks and Chinese economic growth slowed. KEEPING SCORE: Tokyo's Nikkei 225 index fell 1.1 percent to 22,411.33 and Seoul's Kospi shed 0.3 percent to 2,141.06. The Shanghai Composite Index was flat...

World stock markets mostly dip on Fed views on rates

Oct. 18, 2018 8:37 AM EDT

BANGKOK (AP) — Stock markets mostly dipped on Thursday on the news that some policymakers at Federal Reserve think interest rates should continue to be raised until they are slightly restrictive. KEEPING SCORE: Germany's DAX shed 0.1 percent to 11,704 and the CAC 40 in France gained 0.4 percent to 5,163....

Asia shares sag after retreat on Wall St, weaker Japan data

Oct. 18, 2018 12:11 AM EDT

BANGKOK (AP) — Shares fell Thursday in Asia after a retreat on Wall Street driven by sell-offs of technology shares, homebuilders and retailers. A report of weaker Japanese exports in September underscored uncertainties over the outlook for trade. KEEPING SCORE: Japan's Nikkei 225 index sank 0.7 percent to...

Business Highlights

Oct. 17, 2018 4:48 PM EDT

___ Tesla secures land in Shanghai for first factory outside US BEIJING (AP) — Electric auto brand Tesla Inc. says it has secured land in Shanghai for its first factory outside the United States, pushing ahead despite mounting U.S.-Chinese trade tensions. The California-based company announced plans for...

Stocks head lower, giving back some of a big rally

Oct. 17, 2018 11:40 AM EDT

NEW YORK (AP) — U.S. stocks are falling Wednesday after their biggest gain in more than six months. Homebuilders are sinking after the Commerce Department said construction of new homes dropped in September, and retailers are also sharply lower. IBM tumbled after it announced disappointing quarterly...

World markets steady after earnings-driven rally

Oct. 17, 2018 7:40 AM EDT

SINGAPORE (AP) — Stock markets stabilized Wednesday after a rally inspired by strong corporate earnings, with investors also monitoring talks on Britain's exit from the European Union. KEEPING SCORE: France's CAC 40 added 0.2 percent to 5,183.04 and Britain's FTSE 100 rose 0.3 percent to 7,078.53....

Asian shares climb on strong US corporate earnings, data

Oct. 17, 2018 12:19 AM EDT

SINGAPORE (AP) — Asian markets rose on Wednesday as robust U.S. corporate earnings and encouraging data assuaged worries about softening global growth. KEEPING SCORE: Japan's benchmark Nikkei 225 jumped 1.3 percent to 22,842.12. The Kospi in South Korea advanced 1.1 percent to 2,169.20. The Shanghai...

Business Highlights

Oct. 16, 2018 5:13 PM EDT

___ Stocks surge, recovering some recent losses; Dow climbs 547 NEW YORK (AP) — U.S. stocks rocketed to their biggest gain in six months Tuesday following strong earnings from major financial and health care companies as well as encouraging reports on the economy. The Dow Jones Industrial Average jumped...

Asian shares up on hopes that US, China will solve dispute

Oct. 16, 2018 12:15 AM EDT

SINGAPORE (AP) — Asian markets were mostly higher on Tuesday, though Chinese benchmarks fell after the government reported inflation rose for the fourth straight month. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.3 percent to 22,317.06. The Kospi in South Korea recovered 0.1 percent to 2,145.71....