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How major US stock indexes fared Tuesday

Oct. 19, 2021 16:48 PM EDT

Stocks closed higher on Wall Street Tuesday, giving the S&P 500 its fifth straight gain and getting it closer to the record high it set in early September. The Dow Jones Industrial Average and the Nasdaq also closed higher. Health care companies made some of the...

Biden tells GOP to 'get out of the way' on debt limit

Oct. 05, 2021 05:24 AM EDT

WASHINGTON (AP) — President Joe Biden urged Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit, hoping to keep the U.S. government from bumping dangerously close to a credit default as Senate Republican leader Mitch McConnell refuses to lend...

Asian shares slide after big-tech sell-off on Wall Street

Oct. 04, 2021 23:38 PM EDT

Shares have fallen in Asia after a broad slide on Wall Street led by technology companies. Tokyo’s Nikkei dropped 3%, while oil prices edged higher. China-U.S. tensions regained the spotlight after U.S. Trade Representative Katherine Tai said she...

Biden tells GOP to 'get out of the way' on debt limit

Oct. 04, 2021 21:55 PM EDT

WASHINGTON (AP) — President Joe Biden on Monday urged Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit, hoping to keep the U.S. government from bumping dangerously close to a credit default as Senate Republican Leader Mitch McConnell...

How major US stock indexes fared Tuesday

Sep. 28, 2021 16:42 PM EDT

Technology companies led a broad slide in stocks on Wall Street Tuesday as investors reacted to a surge in U.S. government bond yields. The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March. The main action...

Asian shares, Wall Street hold gains after Fed statement

Sep. 22, 2021 21:54 PM EDT

Asian shares were mostly higher on Thursday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year. Shares rose in Hong Kong, Shanghai, Australia and Taiwan but fell in South Korea and Malaysia. U.S....

Tech slide pulls S&P 500 down for its 5th straight loss

Sep. 10, 2021 16:47 PM EDT

Wall Street capped a choppy day of trading Friday with another pullback for stocks and the S&P 500's first weekly loss in three weeks. The benchmark index fell 0.8%, its fifth straight decline, and ended 1.7% lower for the holiday-shortened week. That's it's biggest...

Asian shares rebound; Wall St headed for weekly decline

Sep. 09, 2021 22:54 PM EDT

Shares were higher in Asia on Friday as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three weeks. Shares rose in Tokyo, Hong Kong and other major markets, bouncing...

Asian shares slip as Fed signals 'downshift' in economy

Sep. 08, 2021 22:34 PM EDT

Shares fell in Asia on Thursday after further losses on Wall Street following a Federal Reserve report showing U.S. economic activity slowed this summer. The report pointed to resurgent coronavirus cases and mounting supply chain problems and labor shortages — woes...

Asian stocks mixed after lackluster day on Wall Street

Sep. 07, 2021 23:22 PM EDT

Stocks were mixed in Asia on Wednesday after Wall Street closed mostly lower as traders returned from the Labor Day holiday. Shares rose in Tokyo, Hong Kong and Shanghai but fell in Seoul and Sydney. Japan's growth for April-June was revised up to...