Apple's profit rocket hits air pocket
2013-01-24 05:44:19 UTC
NEW YORK (AP) — Apple's blockbuster revenue growth is slowing drastically, as iPhone sales plateau and the company finds itself lacking revolutionary new products.
The company's warning, issued Wednesday as part of its financial results...
Asia stocks fall ahead of US debt ceiling vote
2013-01-23 07:18:14 UTC
BANGKOK (AP) — Asian stock markets fell Wednesday ahead of a U.S. vote on raising the nation's borrowing limit.
Analysts said that stock markets have room for gains if U.S. lawmakers make progress on raising the debt ceiling. The House ...
World stocks tentative amid US debt impasse
2013-01-21 09:30:01 UTC
BANGKOK (AP) — World stock markets made limited gains Monday amid a holiday in the U.S. and nervousness over whether political leaders in Washington will be able to reach a deal on the government's debt limit.
Congress must agree to raise the l...
Stocks rise after better housing, jobless reports
2013-01-17 21:19:17 UTC
NEW YORK (AP) — Stocks advanced, pushing the Standard and Poor's 500 to another five-year high, after strong reports on housing starts and unemployment claims made investors more optimistic about the U.S. economy.
The S&P 500 gained 11 ...
World stocks higher on China recovery optimism
2013-01-14 10:01:32 UTC
BANGKOK (AP) — World stock markets rose Monday on optimism that China's economic recovery is firmly taking root.
Many analysts expect China's fourth quarter and 2012 growth figures due Friday to show the world's No. 2 economy continuing...
Stocks edge higher as retailers rally
2013-01-15 22:12:40 UTC
NEW YORK (AP) — Stocks edged higher on Wall Street after a rally in retail stocks offset concerns about flaring tensions in Washington over increasing the country's borrowing limit.
The Dow Jones industrial average ended the day up 27.5...
World stocks rise on positive start to US earnings
2013-01-10 09:17:47 UTC
BANGKOK (AP) — A positive start to U.S. corporate earnings season and a sharp improvement in China's monthly trade helped boost world stock markets Thursday.
Benchmarks rose after a handful of better-than-expected results from U.S. companies sp...
Stocks edge lower as next fiscal showdown looms
2013-01-04 06:54:41 UTC
NEW YORK (AP) — A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between bank officials over how long the Fed should keep buying bonds to support the econo...
Stocks open lower as lawmakers doubt budget deal
2012-12-24 14:53:26 UTC
Stocks are opening lower on Wall Street amid concern that lawmakers will fail to reach a deal to stop the U.S. going over the so-called fiscal cliff.
The Dow Jones industrial average is down 39 points at 13,151. The Standard & Poor's 500 ...
Asian stocks up ahead of US 'fiscal cliff' talks
2012-12-28 09:02:44 UTC
BANGKOK (AP) — Asian stock markets rose Friday, hours before President Barack Obama and key lawmakers were to meet at the White House to try to hammer out an 11th-hour budget compromise to avert the so-called fiscal cliff.
Lawmakers have until ...
Japan, China stocks higher on stimulus hopes
2012-12-17 09:09:59 UTC
HONG KONG (AP) — Stock markets in Japan and China, Asia's two biggest economies, rose Monday after Japanese conservatives who favor greater economic stimulus returned to power in a landslide election victory and China's new leaders promised ...
Asia stocks rise on China recovery hopes
2012-12-10 07:55:57 UTC
BANGKOK (AP) — Rising factory output in China and better-than-expected U.S. hiring helped lift Asian stock markets modestly on Monday.
Investors delved into riskier assets a day after China's National Bureau of Statistics reported that ...
Stocks mixed as investors work through jobs report
2012-12-07 21:15:38 UTC
NEW YORK (AP) — The stock market wasn't sure what to make of the government's latest jobs report.
The government reported Friday morning that the U.S. added jobs in November, and stock index futures shot higher in pre-market trading. Th...
Chinese industrial upswing cheers markets
2012-12-03 11:57:42 UTC
LONDON (AP) — News that manufacturing activity in China, the world's second largest economy, grew for the first time in 13 months helped push global stocks higher on Monday.
HSBC's Purchasing Managers' Index rose to 50.5 in November from Octobe...
World stocks up after deal over Greek debt reached
2012-11-27 09:46:18 UTC
BANGKOK (AP) — World stock markets rose Tuesday after talks over Greece's financial crisis ended with an agreement on how to reduce its debt load, paving the way for the cash-strapped country to receive the next installment of a bailout loan.
Asia stocks post slight gains after Black Friday
2012-11-26 08:05:03 UTC
BANGKOK (AP) — Asian stock markets posted slight gains Monday after the unofficial start of the holiday shopping season in the U.S. topped expectations, offsetting concerns about Greece's financial crisis.
Americans visited stores and websites ...
Asia stocks fall after Greece aid delayed
2012-11-21 06:24:01 UTC
BANGKOK (AP) — Asian stock markets were mostly lower Wednesday, shedding morning gains after European Union officials failed to release a loan payment to debt-mired Greece and postposed further action until next week.
European finance ministers...
World stocks flat on Europe, US woes; Japan gains
2012-11-16 10:47:56 UTC
BANGKOK (AP) — Trading on world stock markets was lethargic Friday after data showed Europe slipped back into recession and several big U.S. retailers disappointed investors with weak forecasts.
The European Union's statistics agency said Thurs...
Stocks fall after weak retail reports
2012-11-15 17:23:05 UTC
NEW YORK (AP) — Stock indexes fell Thursday, pushing the Dow to its lowest since July, after U.S. retailers turned in mixed earnings reports.
Wal-Mart's stock dropped $2.78 to $68.50 after the company issued a weak forecast for fourth-quarter p...
Stocks slide as impasse over budget deficit looms
2012-11-14 21:07:05 UTC
NEW YORK (AP) — Investors drew little hope Wednesday for a quick compromise in U.S. budget talks after President Barack Obama insisted that higher tax payments from wealthy Americans would have to be part of any deal.
Stocks fell, and even sign...
World stocks rise after Obama wins re-election
2012-11-07 09:15:35 UTC
BANGKOK (AP) — World stock markets rose Wednesday after President Barack Obama won a fiercely contested race for re-election, allowing him to refocus his attention on issues other than the campaign.
Stock markets had been in a state of suspende...
Stocks plunge after election; Europe woes deepen
2012-11-07 20:24:55 UTC
Wall Street greeted a second Obama term the way it greeted the first.
Investors dumped stocks Wednesday in one of the sharpest sell-offs of the year. With the election only hours behind them, they focused on big problems ahead in Washington and...
Asia stocks mixed ahead of US vote, China congress
2012-11-06 07:59:06 UTC
BANGKOK (AP) — Asian stock markets were mixed Tuesday as traders refrained from major steps ahead of the U.S. presidential election and a leadership change in China.
The race between President Barack Obama and Republican challenger Mitt Romney ...
US stocks higher after historic 2-day close
2012-10-31 17:43:36 UTC
NEW YORK (AP) — Wall Street is back in business.
Traffic is snarled, streets are flooded, subways are out of commission and power is out in many parts of New York City, but the stock exchange at 11 Wall Street opened trading without hitch Wedne...
Wall Street still dark, exchanges test systems
2012-10-30 13:53:55 UTC
NEW YORK (AP) — With large portions of lower Manhattan still dark early Tuesday, U.S. stock exchanges said they were testing contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coas...