Latest Stock markets News

FILE - People pass the New York Stock Exchange, Thursday, July 30, 2020.  Wall Street is stalling on Friday, Aug. 7 as a whirlwind of worries about rising U.S-China tensions and whether Congress can deliver more aid for the economy threaten to halt its big run.(AP Photo/Mark Lennihan)

S&P 500 ekes out 6th straight gain following jobs report

Aug. 7, 2020 5:32 PM EDT

NEW YORK (AP) — Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S. job market, amid worries about worsening U.S.-China tensions and whether Washington can deliver more aid for the economy. The S&P 500 inched up 2.12 points, or 0.1%, to...

How major US stock indexes fared Friday

Aug. 7, 2020 4:53 PM EDT

Stock indexes on Wall Street closed mostly higher Friday, extending the S&P 500's win streak to a sixth day. The benchmark index has now notched a weekly gain five out of the past six weeks. Gains in financial and industrial companies outweighed a slide in technology stocks that weighed down the Nasdaq....

A currency trader smiles at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 7, 2020. Asian shares were mostly lower Friday in lackluster trading, as the region weighed continuing trade tensions over China and optimism about more fiscal stimulus for the ailing U.S. economy. (AP Photo/Ahn Young-joon)

Asian shares skid amid virus woes, China-US trade tensions

Aug. 7, 2020 12:06 AM EDT

TOKYO (AP) — Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also awaiting a U.S. report on jobs later Friday for another gauge of the economic fallout from the...

How major US stock indexes fared Thursday

Aug. 6, 2020 4:35 PM EDT

Stocks closed higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. Technology and communication services stocks powered the rally, which extended the S&P 500's winning streak to a fifth day. The benchmark index is now...

A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)

Asian shares mixed as US talks on stimulus still stalled

Aug. 5, 2020 11:17 PM EDT

Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai Composite index gave...

How major US stock indexes fared Wednesday

Aug. 5, 2020 4:31 PM EDT

Stocks closed higher on Wall Street Wednesday, lifting the S&P 500 to its fourth straight gain and pulling it within 2% of the all-time high it set in February. Companies that rely on consumer spending, banks, industrial and technology stocks accounted for a big share of the gains, which helped nudge the...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)

Asian shares fall on jitters over US stimulus, China trade

Aug. 4, 2020 11:43 PM EDT

BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment benefits for...

How major US stock indexes fared Tuesday

Aug. 4, 2020 4:36 PM EDT

U.S. stock indexes drifted higher Tuesday as Wall Street’s big rally eased off the accelerator. The S&P 500 rose 0.4% after flipping between small gains and losses throughout the day. It’s the mildest move for the index in two weeks. Stock indexes are hanging at or close to their record highs...

People wearing face masks stand by a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange on Tuesday, Aug. 4, 2020. Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February. (AP Photo/Vincent Yu)

Asian shares track worldwide rally as S&P 500 nears record

Aug. 4, 2020 12:07 AM EDT

Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February. Investors appear to be shrugging off surging coronavirus caseloads in dozens of countries. Tokyo's Nikkei 225 gained...

How major US stock indexes fared Monday

Aug. 3, 2020 4:42 PM EDT

Stocks closed broadly higher on Wall Street and around the world Monday following several encouraging reports on the economy. The S&P 500 climbed back within 3% of the record high it set in February, and Big Tech led the way higher again. Microsoft and Apple alone accounted for most of the S&P...