Stocks are wavering between small gains and losses in the early going on Wall Street as weakness in technology companies is offset by strength in banks and other sectors. The S&P 500 was off 0.1% in the first few minutes of trading Monday. Other indexes were mixed. Trading has been choppy in recent weeks as investors fret over a sudden spike in long-term interest rates in the bond market. The S&P 500 is coming off its first weekly gain in three weeks. Bond yields were moving higher again, and the yield on the 10-year Treasury note rose to 1.59%.
BANGKOK (AP) — Oil prices rose Monday as Saudi Arabian oil facilities were targeted by drone strikes just days after the largest crude exporting nations in the world said they would not increase output.
TOKYO (AP) — Asian shares were mixed Monday, as some indexes were lifted by hopes for a gradual global recovery after the U.S. economic relief package passed the Senate over the weekend.
EMPIRE, Nev. (AP) — Each morning, Brandy Wilber wakes up to a sweeping view of the desert and the sound of gypsum being crushed at the plant. This is life in Empire.
Wall Street capped a volatile day of trading Friday with a broad rally that snapped the market's three-day losing streak.
Asian shares slipped Friday after surging U.S. bond yields renewed pressure on high-flying technology companies.
FRANKFURT, Germany (AP) — Caution about the pandemic took the upper hand Thursday at a meeting of the OPEC oil cartel and allied countries, as they left most of their production cuts in place amid worry that coronavirus restrictions could still undermine recovering demand for crude.
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates.
Stocks closed broadly lower on Wall Street Tuesday, giving back some of their big gains from a day earlier.
FLAGSTAFF, Ariz. (AP) — The Biden administration is pulling back an environmental review that had cleared the way for a parcel of federal land held sacred by Apaches to be turned over for a massive copper mine in eastern Arizona.
TOKYO (AP) — Asian shares rose Monday on hopes for President Joe Biden's stimulus package and bargain-hunting after sell offs last week.
A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P 500 to its second straight weekly loss.
BANGKOK (AP) — Asian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq composite index its steepest loss since October.
SILVER SPRING, Md. (AP) — The number of Americans who signed contracts to buy homes declined again with the number of properties for sale not matching the surging demand in the U.S.
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the economy.
BANGKOK (AP) — Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies.
MOBILE, Ala. (AP) — The head of Austal USA, which constructs ships for the U.S. Navy on the Gulf Coast, has resigned following an investigation by federal and Australian authorities into practices dating back more than four years, the company said Tuesday.
TOKYO (AP) — Asian shares were mostly higher Tuesday despite a sell-off of shares in technology companies on Wall Street.
TOKYO (AP) — Asian shares were mixed on Monday as hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines were countered by worries about inflation and continuing economic damage.
U.S. stock indexes ended a choppy day of trading little changed Friday, though the S&P 500 finished with its first weekly loss in three weeks.
BEIJING (AP) — Asian stock markets followed Wall Street lower on Friday after disappointing U.S. jobs and economic data.
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains.
TOKYO (AP) — Asian shares were lower Wednesday as investors sold to lock in profits from the recent rally driven by hopes economies will gradually return to a pre-pandemic normal.