Latest Tom Martin News

Asian shares advance after Fed signals US rate cut likely

Jul. 10, 2019 11:44 PM EDT

BANGKOK (AP) — Shares rose Thursday in Asia, tracking gains on Wall Street after Federal Reserve Chairman Jerome Powell suggested the U.S. central bank is ready to cut interest rates for the first time in a decade. Hong Kong's Hang Seng jumped 1.2% to 28,542.82 while the Shanghai Composite index added 0.5%...

Stocks end rocky month lower as Trump widens trade war

May. 31, 2019 5:28 PM EDT

Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first against China over trade and then against Mexico over immigration. During stocks' month-long slide investors...