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FILE - In this Tuesday, March 10, 2020, file photo, specialists James Denaro, left, and Mario Picone work on the floor of the New York Stock Exchange. Global stock markets and Wall Street futures rose Thursday, July 2, 2020, on hopes for the development of a coronavirus vaccine and ahead of the release of monthly U.S. jobs data. (AP Photo/Richard Drew, File)

Stocks rise on jobs data, S&P 500 nears week-long sweep

Jul. 2, 2020 12:09 PM EDT

NEW YORK (AP) — Wall Street is rising Thursday after a report showed the U.S. job market continues to climb from the crater created by the coronavirus pandemic in the spring. The S&P 500 was 0.9% higher in midday trading and on pace for its fourth-straight gain. Stocks also rose across Europe and...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 2, 2020. Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on vaccine hopes

Jul. 2, 2020 12:04 AM EDT

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced preliminary data from a...

Closing prices for crude oil, gold and other commodities

Jul. 1, 2020 3:32 PM EDT

Benchmark U.S. crude oil for August delivery rose 55 cents to settle at $39.82 a barrel Wednesday. Brent crude oil for September delivery rose 76 cents to $42.03 a barrel. Wholesale gasoline for August delivery rose 2 cents to $1.22 a gallon. August heating oil rose 2 cents to $1.20 a gallon. August natural gas...

A woman wearing a mask passes the New York Stock Exchange, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)

Asian shares up after Wall St closes best quarter since 1998

Jul. 1, 2020 12:00 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic. Japan's benchmark Nikkei 225 slipped 0.2% to 22,187.27. South Korea's Kospi rose 1.0% to 2,130.14. Australia's...

Closing prices for crude oil, gold and other commodities

Jun. 30, 2020 3:35 PM EDT

Benchmark U.S. crude oil for August delivery fell 43 cents to settle at $39.27 a barrel Tuesday. Brent crude oil for August delivery fell 56 cents to $41.15 a barrel. Wholesale gasoline for July delivery rose 2 cents to $1.20 a gallon. July heating oil rose 1 cent to $1.18 a gallon. August natural gas rose 4...

Shell takes $22 billion hit on lower oil, gas prices

Jun. 30, 2020 12:29 PM EDT

LONDON (AP) — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic. With the virus outbreak hurting the long-term prospects of the global economy, the company said it continues “to...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, June 30, 2020. Asian shares are rising, cheered by a rally on Wally Street that underlined some optimism about global business performance despite the ongoing coronavirus pandemic. (AP Photo/Vincent Yu)

Asian shares rise after Wall St rally, strong housing data

Jun. 29, 2020 11:28 PM EDT

TOKYO (AP) — Asian shares rose Tuesday, cheered by a rally on Wally Street reflecting some optimism over stronger than expected economic data, despite widening coronavirus outbreaks. Japan's benchmark Nikkei 225 gained 1.8% in morning trading to 22,380.02. South Korea's Kospi gained 1.5% to 2,123.85,...

Closing prices for crude oil, gold and other commodities

Jun. 29, 2020 3:32 PM EDT

Benchmark U.S. crude oil for August delivery rose $1.21 to settle at $39.70 a barrel Monday. Brent crude oil for August delivery rose 69 cents to $41.71 a barrel. Wholesale gasoline for July delivery rose 3 cents to $1.18 a gallon. July heating oil rose 3 cents to $1.17 a gallon. August natural gas rose 21 cents...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 29, 2020. Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. (AP Photo/Eugene Hoshiko)

Asian shares slide, following Wall St selloff on virus fears

Jun. 28, 2020 11:56 PM EDT

BANGKOK (AP) — Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. Tokyo’s Nikkei 225 index lost 1.3% in early trading. Shares also fell in Hong Kong, Sydney, Shanghai and South Korea. Investors have been...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)

Stocks sink as virus cases jump, forcing states to backtrack

Jun. 26, 2020 5:36 PM EDT

Stocks on Wall Street fell sharply Friday as confirmed new coronavirus infections in the U.S. hit an all-time high, prompting Texas and Florida to reverse course on the reopening of businesses. The combination injected new jitters into a market that's been mostly riding high since April on hopes that the economy...