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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Feb. 26, 2020. Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing virus outbreak will put the brakes on the global economy.(AP Photo/Ahn Young-joon)

Asian shares slide on fears virus will stunt global economy

Feb. 25, 2020 10:55 PM EST

TOKYO (AP) — Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing virus outbreak will put the brakes on the global economy. Japan's benchmark Nikkei 225 declined 1.1% to 22,357.39, while Australia's S&P/ASX 200 dipped 2.1% to 6,720.70. South Korea's...

People stand an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

Virus outbreak keeps global markets in check

Feb. 25, 2020 8:26 AM EST

LONDON (AP) — Share prices around the world, particularly in Japan, took a hit Tuesday amid mounting fears about the economic impact of the new coronavirus outbreak. An anticipated solid opening on Wall Street provided some hope that the current bout of selling might ease. With cases of the virus outside...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

Asian shares extend losses after Dow drops more than 1,000

Feb. 24, 2020 10:21 PM EST

Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy. Japan's Nikkei 225 index lost 3%, to 22,686.61 after it...

How major US stock indexes fared Friday

Feb. 21, 2020 4:57 PM EST

Stocks fell and bond prices rose sharply on Wall Street Friday amid fresh signs that the viral outbreak that originated in China is weighing on U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds. The price of gold also rose. Technology...

FILE - In this Feb. 6, 2020, file photo trader John Doyle works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 21. (AP Photo/Richard Drew, File)

Stocks sink, Treasury prices soar as investors seek safety

Feb. 21, 2020 4:54 PM EST

Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds. The price of gold climbed...

FILE - In this Feb. 5, 2020, file photo specialist Dilip Patel, left, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 20. (AP Photo/Richard Drew, File)

World markets slip on renewed fears over virus outbreak

Feb. 21, 2020 7:06 AM EST

BEIJING (AP) — Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countries refueled investor anxiety about China's disease outbreak. Benchmarks in Tokyo, Hong Kong and Sydney closed down and London, Frankfurt and other European indexes were trading lower. Wall...

FILE - In this Oct. 22, 2019, file photo a sign stands outside a home for sale in southeast Denver. On Thursday, Feb. 20, 2020, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski, File)

US mortgage rates tick up this week, 30-year reaches 3.49%

Feb. 20, 2020 3:37 PM EST

WASHINGTON (AP) — U.S. mortgage rates rose slightly this week but they remain far below year-ago levels, which has provided a boost to home sales. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed-rate mortgage loan rose to 3.49% from 3.47% last week. That is down from...

A man wearing a face mask walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 14, 2020. Asian shares mostly fell Friday as investors turned cautious following a surge in cases of a new virus in China that threatens to crimp economic growth and hurt businesses worldwide. (AP Photo/Vincent Yu)

Asian stocks rebound from early losses as virus toll grows

Feb. 14, 2020 12:31 AM EST

Shares rebounded in Asia on Friday after an early sell-off, though Japan's benchmark declined as investors reacted to news of a growing number of cases of a new virus among the local population. The Nikkei 225 fell 0.6% in morning trading to 23,683.44. Australia's S&P/ASX 200 gained 0.4% to 7,134.70. South...

FILE - In this Feb. 6, 2020, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 12. (AP Photo/Richard Drew, File)

Solid earnings send stock indexes higher on Wall Street

Feb. 12, 2020 5:11 PM EST

Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic impact of the...

Specialist Jay Woods works at his post on the floor of the New York Stock Exchange, Thursday, Feb. 6, 2020. U.S. stocks rose in midday trading Thursday as investors continued focusing on the latest round of corporate earnings and China cut tariffs on key imports as part of a trade war truce. (AP Photo/Richard Drew)

Asian stock markets retreat after surge on China tariff cut

Feb. 6, 2020 11:38 PM EST

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. Major Asian markets jumped more than 2% on Thursday after Beijing said it will cut duties on $75 billion of U.S. goods...