Latest Steel markets News

US retailers small companies rally as Turkey fears ease

Aug. 14, 2018 4:53 PM EDT

NEW YORK (AP) — U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions, which...

Markets Right Now: US stocks close broadly higher

Aug. 14, 2018 4:07 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. U.S. stocks rallied as banks, retailers, and smaller companies jumped. The gains Tuesday helped the market recover most of its losses over the previous two days. The Turkish lira steadied as officials from Turkey and...

Turkish turmoil knocks US and European stocks lower

Aug. 10, 2018 4:53 PM EDT

NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more control over the country's central bank as well as its financial...

Amid trade war, US and China exchange invectives at WTO

Jul. 26, 2018 11:08 AM EDT

GENEVA (AP) — Ambassadors from the United States and China exchanged barbs at the World Trade Organization on Thursday over the countries' simmering trade dispute. The showdown between Dennis Shea and Zhang Xiangchen came at a WTO meeting in Geneva on Thursday, as the two massive economies are embroiled in...

Markets Right Now: Stocks pop on hopes for trade progress

Jul. 25, 2018 4:16 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks snapped higher in late trading following a report that a European delegation had offered some concessions on trade. Major indexes jumped in the last half-hour of trading Wednesday after a mostly listless day of...

Analysts: Trump tariff threats unlikely to yield trade deals

Jul. 21, 2018 11:50 AM EDT

WASHINGTON (AP) — With President Donald Trump intensifying his rift with U.S. trading partners, economists are growing more doubtful that any deal that might benefit American workers and companies is in sight. Instead, many analysts say they expect the Trump administration to impose more tariffs on China...

Tokyo's 1964 Olympics echo through the city's 2020 games

Jul. 20, 2018 9:12 PM EDT

TOKYO (AP) — Mariko Nagai walked outside Yoyogi National Stadium — the late-architect Kenzo Tange's masterpiece from Tokyo's 1964 Olympics — and pictured the city in that era. She was a university student from northern Japan who landed a job as an interpreter at the dazzling swimming venue,...

World markets turn lower ahead of comments by Fed chair

Jul. 17, 2018 7:44 AM EDT

SINGAPORE (AP) — World markets turned lower on Tuesday as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates. KEEPING SCORE: Germany's DAX shed 0.2 percent to 12,537 and the CAC 40 in France was down 0.4 percent at 5,3889. The FTSE 100...

Asian stocks fall, weighed by tensions over US trade tariffs

Jul. 16, 2018 11:26 PM EDT

SINGAPORE (AP) — Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. KEEPING SCORE: South Korea's Kospi lost 0.2 percent to 2,297.64 and Hong Kong's Hang Seng lost 1.0 percent to 28,247.53 in morning trading. The Shanghai...

Stocks emerge from wild, unpredictable first half with gains

Jun. 30, 2018 9:48 AM EDT

NEW YORK (AP) — The first half of the year was full of surprises on Wall Street. Even experts and investors who expected more volatility after a historically calm 2017 were caught off guard by many of the developments inside and outside the markets this year, including the rapid gains stocks made in...