Latest Financial markets News

US stocks end choppy day mixed amid global growth jitters

Mar. 25, 2019 5:43 PM EDT

U.S. stocks capped a day of choppy trading with an uneven finish Monday as investors wrestled to make sense of newly pessimistic outlooks for the global economy. Traders also weighed another troubling drop in long-term bond yields, which many see as a warning sign of a possible recession. Large-company stocks...

Business Highlights

Mar. 25, 2019 5:13 PM EDT

___ Avenatti charged with trying to extort millions from Nike LOS ANGELES (AP) — Michael Avenatti, the attorney best known for representing porn actress Stormy Daniels, has been arrested on charges that he tried to extort millions of dollars from Nike and embezzled a client's money to pay his own expenses....

How major US stock indexes fared Monday

Mar. 25, 2019 5:05 PM EDT

Major U.S. stock indexes finished mixed Monday after wavering for much of the day as traders tried to make sense of newly pessimistic views on the economy. Investors were also parsing another troubling drop in long-term bond yields, which many see as a warning sign of a possible recession. Large-company stocks...

Slower manufacturing likely drag on small business optimism

Mar. 25, 2019 5:02 PM EDT

NEW YORK (AP) — The growing evidence of a slowdown in manufacturing is likely contributing to the dip in small business optimism that began early in the year. Reports this month from the government and an industry group point to a drop in manufacturing activity. While the manufacturing sector is a...

Viacom and Avaya Holdings rise, Nu Skin Enterprises slips

Mar. 25, 2019 4:36 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Winnebago Industries Inc., down 10 cents to $29.01 The recreational vehicle company reported better-than-expected fiscal second-quarter profit. Viacom Inc., up 98 cents to $26.32. The media company reached a new distribution deal...

Markets Right Now: Stock indexes end an indecisive day mixed

Mar. 25, 2019 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended an indecisive day of trading more or less where they started as traders try to make sense of newly pessimistic views on the economy. They're also parsing another troubling drop in long-term bond yields...

For Venezuela's 1 percent, a lavish wedding amid crisis

Mar. 25, 2019 11:44 AM EDT

ACARIGUA, Venezuela (AP) — It was the sort of celebration that's become rare in troubled Venezuela: a lavish destination wedding of two young entrepreneurs at a dude ranch on the country's vast tropical plains, a region known for its rugged cowboys on horseback rounding up cattle — and where camps...

World markets slide on concerns over global growth

Mar. 25, 2019 8:39 AM EDT

BANGKOK (AP) — World shares were mostly down on Monday, extending last week's late sell-off as surveys suggest significant slowdowns in economic growth in Europe and the U.S. In midday trading Monday, the FTSE 100 in Britain lost 0.6 percent to 7,171 as uncertainty over Brexit continued. British Prime...

Survey: Business economists see slowdown in growth this year

Mar. 25, 2019 6:26 AM EDT

WASHINGTON (AP) — The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration's predictions that growth will accelerate this year and next. That finding comes from the latest survey by the National Association for...

Asian shares sink, tracking Friday's retreat on Wall Street

Mar. 25, 2019 12:21 AM EDT

BANGKOK (AP) — Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power. Japan's Nikkei 225 stock index tumbled 3.2...