UK markets roiled after bank rules out extending help
October 12, 2022 GMTLONDON (AP) — Britain’s economy faced new shocks Wednesday after the Bank of England ruled out extending an emergency debt-buying plan – and the Conservative government appeared to blame the independent central bank for the U.K.’s economic turmoil.
Bank of England expands push to stabilize financial markets
October 11, 2022 GMTLONDON (AP) — The Bank of England on Tuesday expanded its emergency effort to quash upheaval on financial markets unleashed by the government’s plan to slash taxes, saying fluctuations in bond prices posed a “material risk” to Britain’s fiscal stability.
Asian stocks follow Wall St higher after UK calms markets
September 29, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Britain's central bank moved forcefully to stop a budding financial crisis.
UK central bank intervenes in market to halt economic crisis
September 28, 2022 GMTLONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring.
EXPLAINER: What’s the latest in Russia’s dance with default?
May 3, 2022 GMTRussia appeared to dodge default on its foreign debt by dipping into its scarce dollar reserves.
How major US stock indexes fared Tuesday
March 1, 2022 GMTOil prices soared and investors shifted more money out of stocks and into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine.
The price of oil surged back above $100 a barrel Tuesday to its highest level since 2014 after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.
How major US stock indexes fared Thursday
February 17, 2022 GMTStocks and bond yields sank Thursday as markets remained anxious over the possibility that Russia could invade Ukraine.
The S&P 500 had its biggest drop in two weeks. Technology stocks led the way lower, pulling the Nasdaq down.
How major US stock indexes fared Tuesday
September 28, 2021 GMTTechnology companies led a broad slide in stocks on Wall Street Tuesday as investors reacted to a surge in U.S. government bond yields.
The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March.
Fed keeps rate near zero and sees brighter economy in 2021
December 16, 2020 GMTWASHINGTON (AP) — The Federal Reserve Full Coverage: Economy
Asian markets gain after Japan central bank boosts aid
April 27, 2020 GMTBEIJING (AP) — Asian stock markets gained Monday after Japan's central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support the struggling global economy...
Asian shares extend losses after Dow drops more than 1,000
February 25, 2020 GMTShares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy...
Stocks sink, Treasury prices soar as investors seek safety
February 21, 2020 GMTStocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U...
Q&A: Recession jitters are rising. Is there reason to worry?
August 19, 2019 GMTWASHINGTON (AP) — Nerves are being frayed by a global economy that increasingly looks breakable.
Markets Right Now: Stocks end a bumpy day mostly higher
August 15, 2019 GMTNEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks ended another roller-coaster day mostly higher on Wall Street, making up just a fraction of the ground they lost in a huge plunge the day before...
US recession fears stalk markets as stocks fall again
August 15, 2019 GMTLONDON (AP) — Global stock markets fell sharply again Thursday after Wall Street endured its worst day of the year as recession fears in the U...
Markets Right Now: Stocks swoon as trade war flares
August 5, 2019 GMTNEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks dropped 3% on Wall Street, their worst loss of the year, after China countered President Donald Trump's latest tariff threat by letting its currency weaken to the lowest level in more than 10 years...
Italian turmoil hits global markets, sending stocks plunging
May 30, 2018 GMTStocks fell in Asia on Wednesday after turbulent sessions in the U.S. and Europe as Italy's political predicament stoked fears of instability in the euro bloc...