1Q Earnings Wrap: When nothing is better

Business 05/16/19, 11:19

Behold the power of low expectations.Nearly all the companies in the S&P 500 have said how much profit they made in the first three months of the year, and growth looks to be close to nil. That's usually a frightening ...

Global stocks follow Wall Street higher on upbeat data

Europe 04/02/19, 03:53

Global stock prices followed Wall Street higher Tuesday on encouraging economic data despite uncertainty over Britain's departure from the European Union.Benchmarks in London, Frankfurt, Shanghai and Hong Kong gained while Tokyo was flat. Oil prices rose again, adding to Monday's ...

Asian stocks follow Wall Street higher on upbeat data

Business 04/02/19, 00:44

Asian stock prices followed Wall Street higher Tuesday on encouraging global economic data.Benchmarks in Shanghai, Tokyo and Seoul all advanced. Oil prices advanced again, adding to Monday's big gains.Investors were encouraged by manufacturing indicators that showed activity in China and ...

Weak sales report sinks stock prices in early trading

Business 02/14/19, 10:28

New figures showing that last month's holiday sales were far worse than previously expected helped drive stocks lower on Wall Street early Thursday, threatening to end a four-day winning streak for the S&P 500 index. The surprise drop in December sales, ...

US average mortgage rates fall; 30-year loan at 4.75%

Business 12/06/18, 11:10

U.S. long-term mortgage rates fell this week amid a steep decline in stock prices.Continued slides in the stock market and tumbling oil prices have been pushing mortgage rates lower, although home borrowing rates remain much higher than a year ago. ...

Asian shares skid as Huawei CFO arrest revives trade jitters

Business 12/06/18, 00:41

Asian stock prices skidded Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could derail progress in China-U.S. trade talks.KEEPING SCORE: Hong Kong's Hang Seng index tumbled 2.7 percent to 26,081.73 and Japan's benchmark ...

California utility shares rise as regulator calms investors

U.S. 11/16/18, 15:26

Shares of Pacific Gas & Electric Co. soared Friday after California's top utility regulator said his agency will help the company deal with potentially crippling liability costs from wildfires.Stock prices soared 36 percent in midday trading after plunging 60 percent ...

Chinese leaders struggle to dispel stock market gloom

Business 11/08/18, 21:10

Lu Yushan, a retired salesman, has advice for investors in China's slumping stock market: Sell.Lu's shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading scandals, a cooling economy and ...

Asian stocks mixed after Wall Street tumble

Business 10/29/18, 02:10

Asian stock prices were mixed Monday after Wall Street extended its slide, fueling concern about the global market outlook.KEEPINGS SCORE: The Shanghai Composite Index lost 1.9 percent to 2,549.69 while Tokyo's Nikkei 225 slipped 0.2 percent to 21,149.80. Hong Kong's ...

Asian stocks mixed after Wall Street tumble

Asia & Pacific 10/28/18, 23:57

Asian stock prices were mixed Monday after Wall Street extended its slide, fueling concern about the global market outlook.KEEPINGS SCORE: The Shanghai Composite Index lost 1.1 percent to 2,570.17 while Tokyo's Nikkei 225 gained 0.5 percent to 21,293.11. Hong Kong's ...

Rising interest rates weigh on high-flying tech stocks

Tech 10/11/18, 03:09

Technology and internet stocks have led the way for much of Wall Street's bull market run, propelling the stocks of big names like Apple, Amazon and Google's parent company sharply higher along the way.Now those high-flying stocks are at the ...

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