Latest Financial markets News

Fed finds resilient financial system despite high debt

Nov. 15, 2019 5:54 PM EST

WASHINGTON (AP) — The Federal Reserve said Friday that corporate debt remains at historically high levels but overall the U.S. financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis. In its twice-yearly “Financial Stability Report,” the...

Stocks end week of milestones at new highs; Dow tops 28,000

Nov. 15, 2019 5:41 PM EST

Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Health care and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth straight weekly...

Chinese swimming star defends failure to take doping test

Nov. 15, 2019 5:32 PM EST

MONTREUX, Switzerland (AP) — One of China’s biggest Olympic stars fought Friday for his right to compete at the 2020 Tokyo Games during a rare public hearing that turned combative at times, as champion swimmer Sun Yang defended his refusal to complete a doping test last year. During a 10-hour...

How major US stock indexes fared Friday

Nov. 15, 2019 5:06 PM EST

Stocks closed at all-time highs on Wall Street Friday, capping a week of milestones for the market as the Dow Jones Industrial Average crossed 28,000 for the first time. Health care and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth straight weekly gain....

Amarin, JC Penney post gains while Nvidia and Arrowhead slip

Nov. 15, 2019 4:46 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Amarin Corp., up $2.53 to $24.02 Government health experts recommended broader use of the pharmaceutical company’s fish-oil based heart disease drug Vascepa. RH, up $13.25 to $188.47 Berkshire Hathaway increased its...

Markets Right Now: Trade hopes send stocks to records

Nov. 15, 2019 4:12 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing at all-time highs after U.S. officials said they’re making progress in the latest push for a trade agreement with China. Technology stocks were the biggest winners Friday. Applied Materials...

Global shares mostly rise on talk of China-US trade deal

Nov. 15, 2019 7:39 AM EST

BANGKOK (AP) — Shares mostly rose on Friday after U.S. governments officials said they were getting close to an agreement with China to cool tensions over trade. Germany’s DAX rose 0.2% to 13,208, and France’s CAC 40 gained 0.4% to 5,922. Futures for the Dow Jones Industrial Average and the...

Stock prices surge on bullish talk on China-US trade deal

Nov. 15, 2019 12:27 AM EST

BANGKOK (AP) — Shares advanced in Asia on Friday after White House officials said China and the U.S. were getting close to an agreement to cool tensions over trade. Markets have swung from euphoria to alarm as officials in Beijing and Washington offered conflicting opinions about the state of the...

How major US stock indexes fared Thursday

Nov. 14, 2019 5:05 PM EST

Wall Street capped a day of listless trading Thursday with the S&P 500 hitting a record high for the second straight day. The Dow Jones Industrial Average and Nasdaq composite ended with slight losses. The market’s lethargic turn came on a day with little market-moving news. Investors are awaiting more...

Cisco and Navistar tumble while Tyson and Dillard’s gain

Nov. 14, 2019 4:59 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Tyson Foods Inc., up $1.47 to $90.34 Shares in meat packers moved higher after China lifted its four-year ban on U.S. poultry imports. Dillard’s Inc., up $9.60 to $77.41 The department store operator surprised Wall Street...