AP AUDIO: Stock market today: Wall Street holds steady near record highs. It was an up and down day on Wall Street. AP’s Seth Sutel has more. China’s largest private property developer, Country Garden, said Wednesday that it is facing a liquidation petition after failing to repay a...
AP AUDIO: Stock market today: Wall Street’s momentum cools after its latest record-setting week. AP correspondent Seth Sutel reports on today’s financial markets, with stocks dipping down from last week’s record heights. For the market to continue rallying, more companies will need to ...
What has helped support the U.S. stock market even as Big Tech behemoths weakened has been strength from other areas that had been beaten down by high interest rates meant to get inflation under control.Smaller stocksin particular soared on expectations that slowing...
TOKYO (AP) — Asian shares mostly rose in cautious trading Friday after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market.
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stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average giving up more than 400 points. Tokyo’s Nikkei 225 benchmark shed 1.3% to 38,054.13 and the Hang Seng in Hong Kong declined 1.4% to 18,217.83. Recommended Vid...
China isstill a critical trading partnerfor many countries across the world, and the often-used narrative of the superpower being delinked from the global economy is overdone, says the Asian Development Bank. “China’s still probably the number one trading partner for the majority of countries...
BANGKOK -- World shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by companies and major shareholders. European markets opened mostly higher, with Germany's DAX up 0.2% at 19,623.37. In Paris, the CAC 40 gained ...
Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000 “So, why such a distinct wave of U.S. pessimism this time? Was it a manufactured excuse to take profits? Or is there a deeper cause for concern beneath the hood?” Tan Jing Yi of Mizuho Bank said in comme...
Market watchers are digesting the whopping 3.2% first quarter US GDP report from this morning. The headline number was strong and beat consensus estimates, but it is also just the first reading and will likely get revised. Strong economic growth could be cause for concern for stock investors wo...