Asian stocks mixed after Wall St slide, China virus fears
November 22, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown.
Shanghai and Hong Kong declined while Tokyo advanced.
Asian stocks down after Wall St weekly loss on rate fears
November 21, 2022 GMTBEIJING (AP) — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation.
Asian stocks surge after lower US inflation eases rate fears
November 11, 2022 GMTBEIJING (AP) — Asian stock markets surged Friday after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes.
Asian stocks follow Wall St down before US inflation update
November 10, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday ahead of a U.S. inflation update that will likely influence Federal Reserve plans for more interest rate hikes after elections left control of Congress uncertain.
Asia stocks fall after Fed says more US rate hikes likely
November 3, 2022 GMTBEIJING (AP) — Asian stock markets tumbled Thursday after the Federal Reserve added to recession fears by saying it wasn't finished raising U.S. interest rates to cool inflation.
Asian stocks mixed ahead of US GDP update, Europe rates call
October 27, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Thursday ahead of an update on the U.S.
Asian stocks follow Wall St up on hopes of rate hikes easing
October 26, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year.
Asia stocks mixed after Wall St rises on corporate profits
October 19, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports.
Tokyo advanced while Shanghai and Hong Kong declined. The yen stayed near a two-decade low near 149 to the dollar.
Asian stocks gain after Wall St rebounds from inflation jolt
October 14, 2022 GMTBEIJING (AP) — Asian stock markets surged Friday after Wall Street rebounded from a slump caused by worse-than-forecast inflation numbers.
Japan's market benchmark soared by an unusually wide margin of 3.4%.
Had enough? S&P plunge could deepen if recession takes hold
October 13, 2022 GMTNEW YORK (AP) — If the economy really is headed for a recession, the stock market may have still more to drop.
The S&P 500 came into this week having already plunged roughly 24% from its record high earlier this year.
Asian stocks fall ahead of US inflation update
October 13, 2022 GMTBEIJING (AP) — Asian stock markets fell Thursday ahead of an update on U.S. inflation that investors worry will reinforce the Federal Reserve's plans for more aggressive interest rate hikes.
Asian stock markets fall ahead of US employment update
October 7, 2022 GMTBEIJING (AP) — Asian shares followed Wall Street lower Friday ahead of U.S. jobs data investors hope will persuade the Federal Reserve to ease off plans for more interest rate hikes.
Tokyo and Hong Kong, the region's biggest markets, retreated.
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.
Former Chinese deputy police minister sentenced for graft
September 23, 2022 GMTBEIJING (AP) — A former deputy police minister who was accused of leading a crime gang of government officials was given a death sentence with a two-year reprieve Friday on charges of manipulating the stock market, taking bribes and other offenses, in a case that involved at least two former Cabinet officials, Chinese state TV reported.
Asia stocks follow Wall St down as Fed fights inflation
September 22, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more.
Wall Street falls as FedEx warning adds to market woes
September 16, 2022 GMTWall Street closed out the stock market's worst week in three months with more losses Friday, as a stark warning from FedEx about rapidly worsening trends in the economy rattled already anxious investors.
Asian stocks follow Wall St lower amid inflation pressure
September 16, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease off more interest rate hikes.
Business Highlights: Wall Street downdraft, inflation report
September 13, 2022 GMT___
Markets shudder on dashed inflation hopes; Dow falls 1,250
NEW YORK (AP) — The stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped.
How major US stock indexes fared Tuesday 9/13/2022
September 13, 2022 GMTThe stock market fell the most since June 2020 following Wall Street’s humbling realization that inflation is not slowing as much as hoped.
The Dow lost more than 1,250 points and the S&P 500 sank 4.3%.
Business Highlights: Powell on economy, jobless aid claims
September 8, 2022 GMT___
Powell: Higher rates unlikely to cause deep US recession
WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment.
How major US stock indexes fared Thursday 9/8/2022
September 8, 2022 GMTThe stock market recovered from a midday stumble and ended higher, staying on track for its first weekly gain in four weeks.
The S&P 500 rose 0.7% Thursday. The Nasdaq composite and the Dow Jones Industrial average also ended higher after bumpy rides of their own.
Asian stocks mixed after China promises to boost growth
September 6, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth and Australia's central bank raised its benchmark interest rate.
Global stocks sink as Europe faces new squeeze on gas supply
September 5, 2022 GMTBEIJING (AP) — Global stock markets sank Monday as Europe faced a new squeeze on Russian gas supplies.
London and Frankfurt opened lower. Tokyo, Hong Kong and South Korea fell while Shanghai gained.
Asian stocks follow Wall Street lower after US jobs report
September 5, 2022 GMTBEIJING (AP) — Asian stock markets declined Monday after Wall Street ended last week lower and China tightened anti-virus controls.
Shanghai, Tokyo, Hong Kong and South Korea declined. Oil prices rose more than $1 per barrel while the euro edged lower.
Asian stock markets mixed ahead of latest US jobs reading
September 2, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Friday ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging inflation.
Shanghai and Seoul advanced while Tokyo and Hong Kong retreated.
How major US stock indexes fared Thursday 9/1/2022
September 1, 2022 GMTA late burst of buying erased some of the stock market’s losses Thursday, leaving indexes mixed on Wall Street at the closing bell.
The S&P 500 index of large companies managed to eke out a tiny gain, all of it coming in the last 10 minutes of trading.
Asian stocks follow Wall St higher ahead of Fed chair speech
August 26, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street higher on Friday ahead of a speech by the Federal Reserve chair that investors hoped would shed light on plans for more interest rate hikes.
EXPLAINER: Why is Wall Street back on the roller coaster?
August 23, 2022 GMTNEW YORK (AP) — And back down goes Wall Street.
After getting mauled most of the year, prices for all kinds of investments steadied in the summer and were heading back up. The recovery was so strong that some investors wondered if Wall Street's “bear market” was coming to an end.
Asian markets mixed after Wall St gains on jobs data
August 19, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Friday after Wall Street rose as investors analyzed conflicting economic signals ahead of a Federal Reserve conference next week.
Shanghai and Seoul declined while Tokyo and Hong Kong advanced.
Asian stocks follow Wall St down after Fed inflation report
August 18, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes.
Wall Street extends winning streak to 4th week
August 12, 2022 GMTWall Street capped a choppy week of trading with a broad stock market rally Friday, as the S&P 500 notched its fourth consecutive weekly gain.
The benchmark index closed 1.7% higher, for a 3.3% weekly gain.
Asian stock markets rise ahead of US jobs data
August 5, 2022 GMTBEIJING (AP) — Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation.
Asian stocks higher as US-China tensions rise
August 3, 2022 GMTBEIJING (AP) — Asian stock markets rose Wednesday as traders watched for signs trade might be disrupted by U.S.-Chinese tensions over an American lawmaker's visit to Taiwan.
Shanghai, Hong Kong, Tokyo and Seoul advanced after Beijing announced a ban on imports of some Taiwanese goods but no immediate major penalties following the arrival of Speaker Nancy Pelosi of the U.S.
Asian stocks follow Wall St lower before likely US rate hike
July 27, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate hike by the Federal Reserve to cool inflation.
Asian stocks follow Wall Street ahead of likely US rate hike
July 27, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate hike from the Federal Reserve to cool inflation.
Asian stocks higher ahead of possible US rate hike
July 26, 2022 GMTBEIJING (AP) — Asian stock markets were mostly higher Tuesday as investors braced for another sharp interest rate hike by the Federal Reserve to cool inflation.
Asian stocks down after US inflation fuels rate hike fears
July 14, 2022 GMTBEIJING (AP) — Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth.
Asian markets rise ahead of US inflation data
July 13, 2022 GMTBEIJING (AP) — Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes.
Shanghai, Tokyo, Hong Kong and Seoul rose. Sydney declined.
Asian markets follow Wall St higher as recession fears ease
July 8, 2022 GMTBEIJING (AP) — Asian stock markets followed Wall Street higher Friday after two Federal Reserve officials said the U.S. economy might avoid a recession and news reports said China might boost construction spending to stimulate its struggling economy.
Asian stocks higher after Fed says rate hikes may be needed
July 7, 2022 GMTBEIJING (AP) — Asian stock markets gained Thursday after the Federal Reserve said higher U.S. interest rates might be needed to cool inflation.
Shanghai, Tokyo and Sydney advanced. Hong Kong declined.
Asia stocks mixed after Wall St down, China manufacturing up
June 30, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Thursday after the U.S. economy contracted and China reported stronger factory activity.
Shanghai and Hong Kong gained, while Tokyo and Seoul declined.
Pakistan stock market plunges on new govt tax on industries
June 24, 2022 GMTISLAMABAD (AP) — Pakistan’s stock exchange briefly halted trading Friday after its benchmark index plunged sharply following an announcement by the newly elected Prime Minister Shahbaz Sharif that he was imposing a new, 10% tax on major industries.
Asian stocks mixed after Wall St declines on growth worries
June 23, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Thursday after Wall Street edged lower amid fears higher interest rates will chill global economic growth.
Shanghai and Hong Kong advanced, while Tokyo and Seoul declined.
Asian stocks follow Wall St lower on economy fears
June 17, 2022 GMTBEIJING (AP) — Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity.
Tokyo, Seoul and Sydney fell. Shanghai and Hong Kong advanced.
Asian stocks mixed ahead of Fed rate hike decision
June 15, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Wednesday ahead of the Federal Reserve's announcement of how sharply it will raise interest rates to cool U.S. inflation.
How major US stock indexes fared Monday
June 13, 2022 GMTWall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January.
Fears about a fragile economy and stubbornly high inflation have slammed the stock market in recent days and sent Treasury yields surging to their highest levels in years.
Business Highlights: May inflation, stock market woes
June 10, 2022 GMT___
US inflation at new 40-year high as price increases spread
WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.
Asian markets mixed after Wall St bond sell-off
June 7, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Tuesday following a bond sell-off on Wall Street amid anxiety about higher U.S. interest rates.
Shanghai and Tokyo advanced while Hong Kong and Seoul declined.
How major US stock indexes fared Thursday
June 2, 2022 GMTThe stock market shook off a wobbly start and ended broadly higher Thursday, marking its first gain in this holiday-shortened week.
Technology stocks were among the winners as Microsoft erased an early loss.
Asian stocks mixed after Fed confirms rate hike plans
May 26, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Thursday after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors.
Asian stock markets mixed after Wall St sinks further
May 25, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand.
Shanghai and Seoul advanced while Tokyo and Hong Kong declined.
Business Highlights: Social media’s slump, retirement woes
May 24, 2022 GMT___
Social media hammered by mounting questions over advertising
SAN FRANCISCO (AP) — Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read.
How major US stock indexes fared Tuesday
May 24, 2022 GMTA slump in several big companies weighed down the stock market Tuesday, leaving most major indexes lower.
The S&P 500 index fell, as did the Nasdaq composite, which is heavily weighted with technology companies.
Stock market slump unsettling Americans eying retirement
May 24, 2022 GMTAmericans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working.
A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s.
How major US stock indexes fared Friday
May 20, 2022 GMTThe stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic.
The S&P 500 ended 18.7% below the record high it set in early January.
US stocks got close to a bear market. Here’s what that means
May 20, 2022 GMTNEW YORK (AP) — The bear came close to Wall Street but then backed off.
The stock market’s slump this year briefly pulled the S&P 500 into what's known as a bear market Friday, before a late rally put the index in the green.
Asian stocks rise after Wall St slips closer to bear market
May 20, 2022 GMTBEIJING (AP) — Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher.
Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced.
Asia stocks mixed after Wall St gain, Powell warns on rates
May 18, 2022 GMTBEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation.
How major US stock indexes fared Thursday
May 12, 2022 GMTThe stock market ended another erratic day of trading with mixed results on Thursday as investors grapple to understand what’s next with inflation and the U.S. central bank’s response to it.
The S&P 500 erased most of an early slump to close only slightly lower, largely because of drops in a few tech giants like Apple and Microsoft.
Business Highlights: April’s jobs report, stock market skid
May 6, 2022 GMT___
US added 428,000 jobs in April despite surging inflation
WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.