Latest Currency markets News

Banks, retailers take stocks lower; smaller companies sink

Dec. 13, 2018 3:02 PM EST

NEW YORK (AP) — U.S. stocks are slipping Thursday as banks and retailers fall and smaller companies continue to take steep losses. Safer, high-dividend stocks in real estate and utilities are climbing. It's been a relatively calm day on Wall Street after stocks made several wild wings earlier in the week....

Markets steady after solid run as focus turns to ECB

Dec. 13, 2018 8:02 AM EST

LONDON (AP) — Shares around in the world traded in narrow ranges Thursday after a solid couple of days largely related with hopes that the U.S. and China are ironing out their trade issues. The focus now turns to the European Central Bank press briefing with President Mario Draghi in the wake of the bank's...

Wall Street ends higher with help from tech and health care

Dec. 12, 2018 4:35 PM EST

NEW YORK (AP) — U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market's big losses from the week before. Stocks initially rallied after the Wall Street Journal reported that China's...

US-China trade hopes help shore up global stock markets

Dec. 12, 2018 8:07 AM EST

LONDON (AP) — Global shares rose Wednesday amid hopes for progress in U.S.-China trade talks while U.K. markets took in stride the news that British Prime Minister Theresa May will face a no-confidence vote among her party's lawmakers later. KEEPING SCORE: In Europe, Germany's DAX was up 1.2 percent at...

Hopes for US-China trade talks help push Asian shares higher

Dec. 11, 2018 9:22 PM EST

TOKYO (AP) — Asian shares rose Wednesday amid hopes for U.S.-China trade talks. ASIA'S DAY: Japan's benchmark Nikkei 225 added 1.7 percent in early trading to 21,501.95. Australia's S&P/ASX 200 edged up 0.8 percent to 5,618.70. South Korea's Kospi was up nearly 1.0 percent at 2,073.20. Hong Kong's Hang...

Global stocks buoyed by US-China trade talks

Dec. 11, 2018 8:19 AM EST

LONDON (AP) — Stock markets around the world spiked higher Tuesday after Wall Street rebounded amid hopes the U.S. and China are back negotiating over their trade dispute. KEEPING SCORE: In Europe, Germany's DAX was up 2 percent to 10,831 while France's CAC 40 was up 2 percent at 4,837. Britain's FTSE 100...

Asian shares mixed on concerns over trade, economic outlook

Dec. 10, 2018 10:52 PM EST

SINGAPORE (AP) — Asian markets were mixed Tuesday in narrow trading on doubts that U.S. and China can manage to resolve their festering trade dispute. KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.4 percent to 21,127.00 and South Korea's Kospi added less than 0.1 percent to 2,055.07. Hong Kong's Hang...

Goodyear halts tire production in Venezuela as economy slips

Dec. 10, 2018 2:01 PM EST

VALENCIA, Venezuela (AP) — Goodyear Tire & Rubber Co. is halting production in Venezuela, making it the latest international corporation to abandon a South American nation in economic crisis, officials said Monday. Spokesman Eduardo Arguelles told The Associated Press that Goodyear-Venezuela had made...

Markets on edge as Brexit uncertainty hits new highs

Dec. 10, 2018 11:55 AM EST

LONDON (AP) — It's crunch time for Brexit, and investors in the region could be in for a white-knuckle ride through Christmas. Prime Minister Theresa May on Monday canceled a long-awaited parliamentary vote on the Brexit deal that she had struck with the European Union but faced widespread opposition. She...

Pound falls further after UK prime minister cancels Brexit vote, hitting 20-month low against the dollar at $1.2515

Dec. 10, 2018 11:08 AM EST
LONDON (AP) — Pound falls further after UK prime minister cancels Brexit vote, hitting 20-month low against the dollar at $1.2515.