Dollar Strengthens Versus Euro as Spending Rises After Fed Taper
2014-02-04 20:52:40 UTC
The dollar strengthened a fifth day versus the euro as U.S. consumer spending rose the most in three years a day after the Federal Reserve scaled back bond purchases that weaken the greenback and support global asset prices.
Hungary’s forint dr...
Asia stocks down amid Lunar New Year holidays
2014-02-03 07:59:55 UTC
TOKYO (AP) — Asian stocks fell Monday after Wall Street lost ground amid lingering jitters about weakness in the financial markets of some developing countries.
The Nikkei 225, the barometer for the Tokyo Stock Exchange, closed down 2 percent a...
Stock investors hit from all sides in January
2014-02-01 10:16:27 UTC
NEW YORK (AP) — Stock investors were hit from all sides in January.
Concerns about the global economy and U.S. company earnings, as well as turmoil in emerging markets, led the Dow Jones industrial average to its worst start since 2009. However...
Nikkei falls, most Asia markets shut for holidays
2014-01-31 10:10:29 UTC
BANGKOK (AP) — Japan's Nikkei stock index fell Friday as the yen strengthened, but the handful of other Asian markets open during Lunar New Year holidays gained after U.S. corporate earnings continued to exceed expectations.
Financial markets a...
Decline in US stock market moderates
2014-01-27 19:06:56 UTC
NEW YORK (AP) — U.S. investors are holding steady Monday in a shaky global market. After big drops in stocks last week sparked by a slowing Chinese economy and plunging emerging-market currencies, the selling moderated. Caterpillar, a big componen...
Stocks fall worldwide on emerging-market fears
2014-01-28 03:34:40 UTC
NEW YORK (AP) — Stock markets fell across the globe on Monday, but at least it wasn't another rout on Wall Street.
Shaky economies and plunging currencies in the developing world fueled a worldwide sell-off as fearful investors pushed prices lo...
Global markets hit by fears of growth slowdown
2014-01-25 09:10:33 UTC
Fear is back in the market.
Investors are worried about slower economic growth in China, a gloomier outlook for U.S. corporate profits and an end to easy-money policies in the United States and Europe. They're also fretting over country-specifi...
China's December exports slow, imports accelerate
2014-01-10 08:44:38 UTC
BEIJING (AP) — China's export growth slowed in December while imports accelerated, possibly helping to temper fears of a slowdown in the world's second-largest economy.
Exports rose 4.3 percent to $207.7 billion, slowing from November's 12.7 pe...
Stocks end mixed as retailers give weaker outlook
2014-01-10 08:43:30 UTC
NEW YORK (AP) — Investors got a sharp reminder Thursday that the economy still has some weak spots.
Bed Bath & Beyond and Family Dollar plunged after cutting their earnings forecasts following a disappointing holiday season. Other retail stocks...
A weak start to 2014 continues for stock market
2014-01-07 01:20:04 UTC
NEW YORK (AP) — The Standard & Poor's 500 index notched its worst start to a year in almost a decade Monday, closing lower for the third straight trading day.
Although the declines for stocks in the New Year have been modest, the direction has ...
Asian stocks in the red ahead of US, China data
2014-01-06 09:12:56 UTC
KUALA LUMPUR, Malaysia (AP) — Asian markets were in the red Monday, opening the week on a cautious note ahead of the release of data from the U.S. and China that will reflect the pace of growth in the world's top two economies.
An early gain fades on Wall Street; GM slumps
2014-01-03 22:03:51 UTC
NEW YORK (AP) — The stock market is continuing to have a sluggish start to the New Year.
Major indexes are finishing mixed on Wall Street Friday, the second day of trading in 2014.
The Standard & Poor's 500 index edged down less than a point...
Stocks rise on strong US economic growth
2013-12-21 05:15:22 UTC
NEW YORK (AP) — An unexpectedly strong report on U.S. economic growth pushed stocks higher Friday, capping off Wall Street's best week in three months.
The report, which showed the U.S. economy grew at a healthy 4.1 percent annual pace between ...
Stocks edge lower ahead of Federal Reserve meeting
2013-12-17 18:43:06 UTC
NEW YORK (AP) — Stocks edged lower in midday trading Tuesday as the Federal Reserve started a two-day policy meeting.
Good news on the U.S. economy this month, including a blockbuster jobs report and a budget deal in Washington, appeared to inc...
Asian stocks track US higher as yen slips
2014-01-16 08:19:00 UTC
HONG KONG (AP) — Asian stocks advanced Thursday after a key U.S. benchmark climbed to a new high on strong earnings and economic data.
Regional investors were reassured after the S&P 500 closed at its highest level yet, squeaking past its previ...
World stocks tentative amid Fed stimulus cut fears
2013-12-13 10:15:52 UTC
BEIJING (AP) — World stock markets were tentative Friday as investors prepared for the U.S. Federal Reserve's decision next week on whether to reduce its monetary stimulus.
Asia's heavyweight market benchmark, Tokyo's Nikkei 225, rose 0.4 perce...
Stocks slump following disappointing earnings
2013-12-11 21:12:43 UTC
NEW YORK (AP) — Stocks are falling on Wall Street as traders react to disappointing earnings from U.S. companies.
Health care stocks had some of the biggest declines. Laboratory Corporation of America slumped after cutting its full-year earning...
Stocks edge higher after Sysco acquisition
2013-12-09 20:11:57 UTC
NEW YORK (AP) — A big acquisition in the food industry and hopes for a longer-term budget deal out of Washington nudged stocks back into record territory Monday afternoon.
Food distributor Sysco rose the most in the Standard & Poor's 500 index ...
Stock market jumps after strong jobs report
2013-12-07 08:44:38 UTC
NEW YORK (AP) — Good news was finally good news for the stock market on Friday.
Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.
Retail stocks slide on Wall Street on poor results
2013-12-05 17:00:48 UTC
NEW YORK (AP) — Stocks are mostly lower on Wall Street in early trading as retailers report weak results.
Aeropostale fell after reporting a loss in the third quarter as the teen retailer slashed prices in an effort to pull in shoppers. L Brand...
Asian stocks down over fears of Fed stimulus cut
2013-12-05 06:20:10 UTC
KUALA LUMPUR, Malaysia (AP) — Asian stocks were in the red Thursday after strong U.S. economic data renewed fears that the Federal Reserve may start cutting its monetary stimulus this month.
Japan's Nikkei 225 eased 0.4 percent to 15,343.01 and...
Stocks slip as shopping season has a weak start
2013-12-03 21:44:39 UTC
NEW YORK (AP) — Stocks are closing lower on Wall Street as investors worry about weak consumer spending as the holiday shopping season gets underway.
The Dow Jones industrial average lost 94 points, or 0.6 percent, to close at 15,914 Tuesday.
Stocks mixed on disappointing holiday sales
2013-12-02 19:54:20 UTC
NEW YORK (AP) — Shoppers spent less over the Thanksgiving weekend and that is weighing on stocks.
Shoppers turned out in record numbers over the four-day Thanksgiving weekend, but they spent less than they did last year. It was the first declin...
Stocks rise as Black Friday shopping push unfolds
2013-11-29 17:36:46 UTC
NEW YORK (AP) — Retailers led stocks higher in holiday-shortened trading Friday, putting the market on track for another strong month.
Retailers were among the leading gainers as the busiest shopping day of the year, Black Friday, got underway....
Asia stocks lower ahead of Europe data, US sales
2013-11-29 09:06:11 UTC
BEIJING (AP) — Asian stock markets were mostly lower Friday as traders awaited European inflation data and the first day of the U.S. Christmas shopping season.
The region's heavyweight, Japan's Nikkei 225, tumbled 0.8 percent to 15,607.75 after...