Global stocks lower amid uncertainty over US-China trade

Business 11/08/19, 04:05

Global stock markets mostly declined Friday amid uncertainty about a possible U.S.-Chinese agreement to roll back tariffs in their trade war. Tokyo rose after Beijing said Thursday the two sides agreed to the step if they make progress on an interim deal. But London and Frankfurt opened lower and Shanghai and ...

Global stocks higher after possible US-China trade snag

Business 11/06/19, 04:17

Global stock markets were mostly higher Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to lift punitive tariffs. Germany and Paris opened higher and London was unchanged. Tokyo rose while Shanghai declined and Hong Kong was flat. Beijing wants 15% tariffs ...

President Trump delighted as S&P 500 hits record high

U.S. 06/21/19, 06:52

The U.S. stock market went up Thursday, June 20, driving a benchmark index to a new record high despite tensions over Iran's attack on a U.S. drone. The S&P 500 rose 27.7 points, or 0.95%, to a record close of 2,954.18, surpassing its previous record set on April 30. Two other key ...

Dow jumps over 500 points amid hopes of Fed rate cut

Business 06/04/19, 19:23

The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signs that the Federal Reserve may cut interest rates to help buttress U.S. economic growth in the face of escalating trade wars. Optimism about a resolution to one of those trade disputes and a rebound in technology ...

Trade war escalation puts investors in a defensive stance

Business 05/30/19, 11:19

An unexpected escalation in the trade war between the U.S. and China jolted investors into a defensive position in May. Safe-play sectors including utilities and consumer staples held up better than others and bonds gained ground this month as investors shifted their money into traditionally less risky holdings. Technology and other ...

US-China trade dispute weighing on retail sector

Business 05/30/19, 07:53

Pressure from the trade dispute between the U.S. and China is weighing on the retail sector, with shares of many in the industry falling in premarket trading on Thursday. Retailers have seen their shares seesaw this week as they express concern over tariffs squeezing their businesses. The latest is PVH Corp., ...

US stocks rebound, but still face losses for the week

Business 05/24/19, 09:25

U.S. stocks rebounded in morning trading on Wall Street Friday, but were still on track for a third straight week of losses. The market has been swaying between gains and losses all week as investors face the prospect that the trade war between the U.S. and China will drag on longer ...

Asia shares retreat on fears China-US trade row might spread

Business 05/23/19, 23:15

Asian shares were mostly lower on Friday as worries that the standoff between the U.S. and China over trade might expand put investors in a selling mood. Japan's benchmark Nikkei 225 fell 0.5% to 21,053.95. Australia's S&P/ASX 200 lost 0.7% at 6,445.40. South Korea's Kospi dropped 0.9% to 2,040.81. Hong Kong's ...

Asian shares slip as US-China spat takes center stage

Business 05/23/19, 01:45

Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 1.2% to 2,858.21 and Hong Kong's Hang Seng tumbled 1.6% to 27,264.42. The Kospi in South Korea was 0.3% lower ...

Markets Right Now: Stocks fall on trade, Qualcomm ruling

Business 05/22/19, 11:05

The latest on developments in financial markets (all times local): 11:55 a.m. Stocks are lower at midday Wednesday as investors eye developments in the U.S.-China trade dispute. Tech stocks declined. Efforts by the Trump administration to restrict technology sales to Chinese companies have caused volatility in shares of technology companies this week, particularly ...

Asian shares edge higher following advance on Wall Street

Business 05/22/19, 00:53

Shares edged in Asia on Wednesday after a rebound in technology stocks helped power an overnight rally on Wall Street. Investors bought technology shares after the U.S. government opted to temporarily ease off on proposed restrictions on technology sales to Chinese companies. Japan's Nikkei 225 index added 0.1% to 21,299.02 and the ...

Stocks rebound after US eases off China sales restrictions

Business 05/21/19, 12:35

Stocks marched broadly higher on Wall Street in afternoon trading Tuesday, placing the market on track to snap a two-day losing streak. The rally followed the U.S. government's decision to temporarily ease off proposed restrictions on technology sales to Chinese companies. The news gave a boost to technology sector stocks, which ...

Global markets rise after Wall Street fall on Huawei anxiety

Business 05/21/19, 05:18

Global stock markets were mostly higher Tuesday after anxiety over U.S. curbs on sales to Chinese tech giant Huawei dragged down Wall Street.Benchmarks in London, Frankfurt, Shanghai and Sydney advanced. Tokyo and Hong Kong declined.Anxiety over U.S.-Chinese trade tension was reignited by Washington's decision to require export licenses for technology ...

Global stocks mixed after Trump signs telecoms order

Business 05/16/19, 05:19

Global shares are mixed after President Donald Trump signed an order imposing controls on exports to foreign telecoms companies that apparently was aimed at Chinese equipment makers. France's CAC 40 slipped nearly 0.2% to 5,364.35 in early trading, while Germany's DAX fell 0.5% to 12,043.09. Britain's FTSE 100 lost 0.1% to ...

Stocks shrug off an early slide and turn higher, led by tech

Business 05/15/19, 10:37

Stocks shook off an early slump and turned higher in late morning trading Wednesday, led by solid gains in Microsoft, Facebook and Google. The flip-flop marked the latest reversal for a stock market that has been whipsawed by worries over the worsening trade relationship between China and the U.S. and the ...

Asian stocks follow Wall Street higher

Business 05/15/19, 01:18

Asian stocks followed Wall Street higher Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced as investors mulled the likely costs of U.S. and Chinese tariff hikes on hundreds of billions of dollars ...

Stocks edge higher and regain some lost ground

Business 05/14/19, 09:28

Stocks regained some ground in morning trading Tuesday following a nosedive at the start of the week as the U.S. and China escalate their trade war. Investors have been dealing with creeping uncertainty since last week after President Donald Trump's decision to raise tariffs on Chinese goods. China responded by raising ...

Asian shares see moderate losses after meltdown on Wall St

Business 05/14/19, 01:27

Shares declined moderately in Asia on Tuesday after a dismal day on Wall Street as investors fled uncertainty over the China-U.S. trade standoff. The Shanghai Composite index slipped 0.2% to 2,896.60 while Japan's Nikkei 225 gave up 0.6% to 21,067.23. The Hang Seng index in Hong Kong, reopening after a market ...

Markets Right Now: Stocks sink as trade war escalates

Business 05/13/19, 08:59

The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are plunging at the open on Wall Street Monday after China announced retaliatory tariffs against goods from the United States. China plans tariff hikes on $60 billion of U.S. imports after the Trump administration on Friday raised tariffs on $200 ...

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