Latest Financial markets News

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

Apr. 16, 2024 00:22 AM EDT

BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.4% to 3,013.84 even though the Chinese government reported that the economy grew at a...

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

Apr. 15, 2024 19:50 PM EDT

NEW YORK (AP) — The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It's a...

How major US stock indexes fared Monday, 4/15/2024

Apr. 15, 2024 16:59 PM EDT

U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street. The S&P 500 fell 1.2% Monday. The Dow Jones Industrial Average slipped 0.7%, and the Nasdaq composite dropped 1.8%. Stocks had been up earlier in the day, rising as oil prices...

M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024

Apr. 15, 2024 16:20 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Medial Properties Trust Inc., up 75 cents to $4.74. The health care facilities owner is selling a majority interest in five Utah hospitals for about $1.1 billion. ...

With 'functional' beverages, brands rush to quench a thirst for drinks that do more than taste good

Apr. 15, 2024 12:03 PM EDT

Supermarket beverage aisles are starting to look a lot more like a pharmacy. There are sodas made with mushrooms that supposedly improve mental clarity and juices packed with bacteria that claim to enhance digestive health. Water infused with collagen carries the promise of better...

A strong quarter for Wall Street lifts Goldman's first-quarter results

Apr. 15, 2024 11:16 AM EDT

NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year. The strong quarter comes after Goldman struggled most of 2023 as higher interest rates...

The US and UK restrict the trade of Russian-origin metals

Apr. 12, 2024 18:13 PM EDT

WASHINGTON (AP) — The U.S. and U.K. will begin restricting the trade of new Russian-origin metals — including aluminum, copper and nickel — on global metal exchanges and in derivatives trading. The announcement is meant to follow up on the Group of Seven nations' commitment in...

Stock market today: Wall Street falls sharply to close out its worst week since October

Apr. 12, 2024 16:39 PM EDT

NEW YORK (AP) — U.S. stocks tumbled Friday following a mixed start to earnings reporting season. Worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their money. The S&P 500 sank 1.5% to...

How major US stock indexes fared Friday, 4/12/2024

Apr. 12, 2024 16:23 PM EDT

U.S. stocks fell sharply following a mixed start to earnings reporting season. The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record. Worries about tensions in the Middle East rattled financial markets, and Treasury yields fell as...

JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024

Apr. 12, 2024 16:19 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: JPMorgan Chase & Co., down $12.64 to $182.79. The bank gave investors a lower-than-expected forecast for its annual net interest income. Newmont Corp., down 43...