Latest Financial markets News

US stock indexes inch higher amid rising global tide

Nov. 22, 2019 10:46 AM EST

NEW YORK (AP) — U.S. stocks inched higher in morning trading Friday as a week dominated by the progress in U.S.-China trade talks — or lack thereof — comes to a close. President Donald Trump said that a deal between the world’s largest economies is “potentially very...

Merkel’s heir apparent takes on critics, wins applause

Nov. 22, 2019 10:22 AM EST

BERLIN (AP) — German Chancellor Angela Merkel’s embattled heir apparent sought to silence critics Friday, throwing down the gauntlet for any member of the Christian Democratic Party to challenge her if they didn’t like the direction in which she was leading the party. Annegret...

Markets Right Now: Stocks start higher on Wall Street

Nov. 22, 2019 9:43 AM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Technology companies and banks are leading stocks slightly higher on Wall Street in early trading, putting the market on track for its first gain since Monday. Oracle rose 1.2% in the first few minutes of trading...

World shares advance on upbeat comments on US-China trade

Nov. 22, 2019 6:27 AM EST

BEIJING (AP) — World stocks rose Friday as upbeat comments by Chinese President Xi Jinping helped quell anxiety over the state of trade talks with the U.S. Britain’s FTSE 100 rose 1% to 7,311, while the CAC 40 in France gained 0.3% to 5,897. Germany’s DAX picked up 0.1% to 13,146. Wall Street...

Isolated Iceland newly vulnerable to computer scams

Nov. 22, 2019 5:59 AM EST

REYKJAVIK, Iceland (AP) — "Hi, I hope you are not busy?" The treasurer of the Icelandic soccer club Afturelding got the email from his manager late in the afternoon, soon before banks were about to close. The words “Sent from my iPhone” were at the bottom, suggesting urgency, and through a...

Asian shares mostly higher despite US-China trade anxiety

Nov. 21, 2019 11:22 PM EST

BEIJING (AP) — Stocks logged modest gains Friday in Asia after a lackluster overnight session on Wall Street ended with the market’s third straight drop. Reports suggesting Chinese Vice Premier Liu He, Beijing’s lead trade negotiator, has invited U.S. officials to China for talks helped...

How major US stock indexes fared Thursday

Nov. 21, 2019 4:55 PM EST

Stocks closed slightly lower on Wall Street Thursday, giving the market its third straight drop. Technology stocks and companies that rely on consumer spending led the way lower. Those losses offset gains in the energy, communication services and health care sectors. On Thursday: The S&P 500 index dropped...

Macy’s, La-Z-Boy fall; L Brands, Charles Schwab rise

Nov. 21, 2019 4:42 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Macy’s Inc., down 35 cents to $14.67. The department store operator cut its profit and sales forecast for the year. Charles Schwab Corp., up $3.28 to $48.03. The brokerage firm is considering buying rival TD Ameritrade,...

Markets Right Now: Stocks slip as trade worries persist

Nov. 21, 2019 4:06 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing slightly lower on Wall Street, giving the market its third straight drop. Technology stocks and companies that rely on consumer spending led the way lower Thursday. Those losses offset gains in the...

Records pile up for S&P 500, Nasdaq in milestone run

Nov. 21, 2019 4:02 PM EST

LOS ANGELES (AP) — Wall Street is enjoying its third record-setting run of this year, with the major stock indexes delivering a string of all-time highs in recent weeks. The S&P 500 has set new highs 23 times this year through Monday, up from 19 last year. The benchmark index, which closed above 3,100...