Latest Stock indices and averages News
Global stocks sink after China coronavirus resurgence
BEIJING (AP) — Global stock markets and U.S. futures retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. London and Frankfurt opened lower and Shanghai, Hong Kong and Tokyo declined. Optimism about the rollout of coronavirus vaccines was dented by a...
Asian stocks sink after China coronavirus resurgence
BEIJING (AP) — Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia. Shanghai, Hong Kong, Tokyo and Australia declined. South Korea advanced. Overnight, Wall Street closed higher. Gains for tech stocks offset losses elsewhere....
How major US stock indexes fared Thursday
Stocks drifted to a mixed close on Wall Street Thursday as the earnings reporting season for U.S. companies ramped into higher gear. The S&P 500 edged up just one point, enough to mark another record high. The Dow and other market measures fell, as did most stocks. Traders bid up shares in Big Tech stocks,...
Clock ticking for CEOs to grow profits again
NEW YORK (AP) — Are better days ahead for corporate profits? They'd better be. CEOs across America have begun telling shareholders how much profit their companies made during the last three months of 2020, just as the worsening pandemic sent death rates soaring. The general expectation is for nothing...
Asian shares rise on optimism for more stimulus from Biden
TOKYO (AP) — Asian shares rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street. Hopes are high that President Joe Biden's administration will mean more support for the struggling U.S. economy, setting off a recovery that's crucial for the export-driven...
How major US stock indexes fared Wednesday
Stocks rallied to record highs on Wall Street Wednesday on encouraging company earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy. The S&P 500, Dow Jones Industrial Average, Nasdaq composite and Russell 2000 small-caps index eclipsed...
Japan shares fall on pandemic worries as rest of Asia rises
TOKYO (AP) — Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as U.S. president. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases. Japan's benchmark Nikkei 225 lost early gains to slip 0.4% in morning trading to 28,515.21. Australia's...
How major US stock indexes fared Tuesday
Stocks closed higher on Wall Street Tuesday, recovering some of last week’s losses and pulling closer to their record highs. Technology, communication services and health care stocks accounted for much of the rally, though energy sector companies notched the biggest gain. Household goods makers, real...
World shares subdued despite strong growth data from China
Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in Hong Kong, Paris and Shanghai. Most U.S. markets are closed for a national holiday. Investors appear to...
How major US stock indexes fared Friday
Wall Street dropped again Friday to close out its first losing week in three after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. Stocks of companies that most need a healthier economy took some of the sharpest losses. Treasury yields also...
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