Latest Financial markets News

Stocks edge higher; S&P 500 heads for another week of gains

Sep. 20, 2019 10:53 AM EDT

NEW YORK (AP) — U.S. stocks edged higher in early trading on Friday as most sectors of the market posted small gains. The S&P 500 rose 0.3% to 3,014 and is within 12 points of all-time high. The index is headed for a fourth straight weekly gain, even after some volatility during the week caused by...

Markets Right Now: Stocks rise modestly, led by tech

Sep. 20, 2019 9:49 AM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:45 a.m. Stocks are modestly higher in early trading on Wall Street Friday, led by health care and technology companies. There was little corporate news moving markets. Many companies are finishing up their third quarters...

French president says committed to helping Lebanon's economy

Sep. 20, 2019 9:17 AM EDT

PARIS (AP) — France's president says Paris "is fully committed" to implementing the decisions taken during a conference last year to help Lebanon improve its economy. Emmanuel Macron made his comments Friday while receiving Lebanese Prime Minister Saad Hariri, who is on an official visit to Paris seeking...

Global stocks ending action-packed week solidly

Sep. 20, 2019 8:43 AM EDT

LONDON (AP) — Global stock markets traded in fairly narrow ranges on Friday at the end of a fairly eventful week that saw oil prices spike sharply after attacks on Saudi oil facilities and the Federal Reserve cut interest rates again. Though oil prices are up strongly on the week, there's been an element...

Asian shares mostly higher as China cuts loan rate

Sep. 20, 2019 12:08 AM EDT

BANGKOK (AP) — Asian shares were mostly higher on Friday after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. Japan's Nikkei 225 index gained 0.4% to 22,135.98 and the Shanghai Composite index rose 0.2% to 3,004.48....

Sanford takes his first 2020 campaign trip to New Hampshire

Sep. 19, 2019 8:35 PM EDT

MANCHESTER, N.H. (AP) — Mark Sanford's first presidential campaign stop in New Hampshire began with an interruption in the hopes of being heard. Sanford, the former South Carolina governor and congressman, entered a Manchester diner and found his way to an AARP meeting in the back. "Can I be rude?" he...

Fed rushes to plug cash shortage in short-term loan market

Sep. 19, 2019 6:10 PM EDT

WASHINGTON (AP) — A peculiar thing is happening in financial markets this week: an oft-overlooked corner of Wall Street where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion over the...

Markets Right Now: Stocks little changed after rally wanes

Sep. 19, 2019 4:20 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are sputtering at the close on Wall Street Thursday after an early rally fizzled. The Dow Jones Industrial Average fell 52 points, or 0.2%, to 27,094, while the S&P 500 was essentially flat at 3,006....

Court suspends key permits for planned Minnesota copper mine

Sep. 19, 2019 2:34 PM EDT

ST. PAUL, Minn. (AP) — The Minnesota Court of Appeals has handed environmental groups a victory by suspending two key permits for a planned PolyMet copper-nickel mine ahead of a hearing next month. The appeals court put PolyMet's dam safety permit and its permit to mine on hold, ruling Wednesday that the...

World shares mixed following Fed's decision to cut rates

Sep. 19, 2019 8:20 AM EDT

LONDON (AP) — European stock markets pushed higher Thursday as traders had their first chance to respond to the U.S. Federal Reserve's widely anticipated decision to cut its benchmark interest rate for the second time this year. In Europe, Germany's DAX was up 0.3% to 12,422 while the FTSE 100 index of...