Latest Gasoline markets News

Banks, technology companies power a rebound for US stocks

Mar. 26, 2019 5:00 PM EDT

Stocks finished broadly higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier. Financial, technology and health care stocks accounted for much of the rally. Banks got a boost from rising bond yields, which let them charge higher rates on loans. Energy companies led the S&P 500...

Correction: Financial Markets story

Mar. 26, 2019 8:28 AM EDT

In a story March 22 about the financial markets, The Associated Press misspelled the name of asset management company Schroders. A corrected version of the story is below: Stocks, bond yields fall sharply as growth worries spread New signs the global economic growth is slowing roiled Wall Street Friday,...

Asian shares gain as Fed says it will hold off on rate hikes

Mar. 21, 2019 1:48 AM EDT

BANGKOK (AP) — Shares in Asia were mostly higher on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index advanced 0.6 percent to 3,109.48 while Hong Kong's Hang Seng gained 0.2 percent to 29,365.55. South Korea's Kospi climbed 0.3...

Tech companies power US stocks to solid weekly gain

Mar. 15, 2019 5:44 PM EDT

The S&P 500 rose to a new high for the year Friday as resurgent technology stocks closed out their best week in four months with solid gains. Financial, health care and consumer stocks also helped lift the market. The gains erased losses from last week, when the S&P 500 had its worst week of the year. The...

Asian stocks follow Wall Street higher ahead of Brexit vote

Mar. 12, 2019 1:26 AM EDT

BEIJING (AP) — Asian stocks followed Wall Street higher on Tuesday as investors awaited Britain's vote on a plan to leave the European Union. The Shanghai Composite Index rose 2.2 percent to 3,092.99 points and Tokyo's Nikkei 225 gained 1.9 percent to 21,530.17. Hong Kong's Hang Seng added 1.5 percent to...

First down week since January for S&P 500 as unease spreads

Mar. 8, 2019 4:57 PM EST

Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy is hitting the...

Asian shares fall, China's edge up on bullish growth target

Mar. 4, 2019 11:22 PM EST

BANGKOK (AP) — Shares have declined in most Asian markets, tracking an overnight sell-off on Wall Street. But stocks in Shanghai and Shenzhen advanced early Tuesday after the government set an ambitious target for growth this year that implies strong government support for the economy. The Shanghai...

Asian shares higher as region eyes Trump-Kim summit

Feb. 26, 2019 10:59 PM EST

TOKYO (AP) — Asian shares rose in muted trading Wednesday as investors awaited the outcome of a summit between President Donald Trump and North Korean leader Kim Jong Un in Vietnam. Japan's benchmark Nikkei 225 added 0.5 percent in early trading Wednesday to 21,553.22. Australia's S&P/ASX 200 gained...

Mixed finish for US stock indexes over weak retail sales

Feb. 14, 2019 4:54 PM EST

U.S. stock indexes clawed most of the way back from an early slide Thursday to finish mostly lower, ending a four-day winning streak for the benchmark S&P 500 index. Losses in banks and retailers and consumer products makers offset gains in health care stocks, technology companies and elsewhere in the market...

Asian stocks slip on Huawei charges as trade talks loom

Jan. 29, 2019 12:00 AM EST

SINGAPORE (AP) — Asian markets were lower on Tuesday after the U.S. Justice Department unsealed criminal charges against China's Huawei, its subsidiaries and a top executive ahead of trade talks. KEEPING SCORE: Japan's Nikkei 225 index tumbled 1 percent to 20,448.47 and the Kospi in South Korea shed 0.4...