Latest Financial services technology News

How major US stock indexes fared Thursday

Jul. 18, 2019 4:46 PM EDT

Stocks shook off early losses and closed mostly higher on Wall Street Thursday as technology and bank stocks rallied. IBM rose after reporting solid results. The company, along with Apple, helped lift the technology sector. Banks led financial stocks higher. Major indexes were down most of the day after Netflix...

US stock indexes shake off an early loss and close higher

Jul. 18, 2019 4:32 PM EDT

NEW YORK (AP) — U.S. stocks reversed course from an early slump and closed higher Thursday to break a two-day losing streak after technology and bank stocks rallied. Corporate earnings are in full swing and investors have been cautiously assessing results and company statements. The volatile market is...

Markets Right Now: Stocks shake off early loss, end higher

Jul. 18, 2019 4:05 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied. IBM rose 4.5% Thursday after reporting solid results. The company, along with Apple, helped lift the...

Asian shares mixed in lackluster trading, Nikkei falls 0.6%

Jul. 16, 2019 12:00 AM EDT

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.6% in early trading to 21,549.68. Australia's S&P/ASX 200 edged 0.1% higher to 6,657.20. South...

Stocks edge lower as bank losses offset technology gains

Jul. 15, 2019 10:22 AM EDT

NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes for every major stock index last week. The S&P 500 index also pushed above 3,000 for the first time. Citi led banks lower,...

Markets Right Now: Dow has first close above 27,000 points

Jul. 11, 2019 4:13 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average climbed above 27,000 for the first time after a turbulent day on Wall Street. The S&P 500 also hit a closing high milestone of its own Thursday, a day after its first move above...

How major US stock indexes fared Thursday

Jun. 13, 2019 5:10 PM EDT

Stocks closed broadly higher Thursday, led by gains in retailers and media and energy companies. U.S. crude oil rose 2.2% after two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks. Gains in energy and internet companies powered the rally, which ended the market's two-day losing...

Asian shares mixed on jitters over Hong Kong protests

Jun. 13, 2019 12:12 AM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory's legal autonomy. The protests threaten to shake confidence in the hub for many regional and international businesses and...

Markets Right Now: Stocks fall for the 2nd day in a row

Jun. 12, 2019 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending lower for the second day straight, dragged down by losses in technology companies and banks. Energy companies also fell Wednesday as the price of crude oil continued to decline. Investors shifted...

Asian shares rise as Trump plans to meet Chinese leader

Jun. 11, 2019 12:09 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday as investor jitters over trade eased after U.S. President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Japan's benchmark Nikkei 225 rose 0.4% in morning trading to 21,208.09....