Currencies

  • Weak company earnings keep stock market in check
    Global_stocks_fall_sharply_as_virus_cases_spread_around_the_world 2014-01-17 16:20:25 UTC
    NEW YORK (AP) — More weak earnings results from U.S. companies are keeping stocks in check in early trading. United Parcel Service slumped 3 percent after warning investors that its fourth-quarter income would be lower than previously anticipated. UPS said it had to hire far more temporary wor...

  • Dow average closes above 16,000 for the first time
    5022e20a9fd99.preview-620 2013-11-22 09:44:04 UTC
    NEW YORK (AP) — The Dow Jones industrial average finished above 16,000 for the first time Thursday as the blue-chip index races toward its best performance in a decade. The Dow has been on fire lately, propelled higher by a combination of solid corporate earnings, a steadily strengthening econ...

  • Stocks rise on profit gains from Microsoft, others
    Dfb9beaedf902311330f6a7067007f46 2013-10-26 18:23:26 UTC
    NEW YORK (AP) — Strong third-quarter results from technology companies drove investors into stocks on Friday, giving the market its third straight weekly gain. After reporting results that topped expectations, Microsoft rose 6 percent and Amazon.com rose 9 percent. The Standard & Poor's 500 in...

  • Tech earnings drive stocks up; Microsoft leads Dow
    Asian_markets_opened_sharply_higher 2013-10-25 20:22:50 UTC
    NEW YORK (AP) — Earnings gains from big U.S. companies are pushing the stock market higher. Microsoft led the Dow Jones industrial average up after reporting a jump in sales of tablet computers. The Dow rose 61 points, or 0.4 percent, to close at 15,570 Friday. The Standard & Poor's 500 ...

  • Twitter sets $17 to $20 per share range for IPO
    A60276e7ddd12623410f6a7067004a0a 2013-10-25 07:47:59 UTC
    NEW YORK (AP) — Twitter has set a price range of $17 to $20 per share for its initial public offering and says it could raise as much as $1.6 billion in the process. The pricing is relatively conservative considering that Twitter is poised to pull off the year's hottest IPO. Twitter Inc. said ...

  • Asia stocks rise on hopes Fed stimulus to continue
    Bitcoin_price_plummets_as_south_korea's_plan_sends_market_into_turmoil 2013-10-28 07:51:56 UTC
    KUALA LUMPUR, Malaysia (AP) — Asian stock markets were mostly higher Monday amid growing expectations that the U.S. Federal Reserve won't start reducing its monetary stimulus until at least the first quarter of next year. With uncertainty over the raising of the U.S. borrowing limit temporaril...

  • Wall Street looks to return to 'normalcy'
    D6c31e7ddafbcb0e300f6a706700c867 2013-10-17 16:52:20 UTC
    NEW YORK (AP) — Stocks were mostly higher Thursday as investors got back to focusing on corporate earnings and economic data. It's a change of pace for Wall Street, which had been completely focused on the Washington's political drama over the last month. Now that the U.S. has avoided the poss...

  • US stocks down as investors wait on debt news
    E29516df082e7f11320f6a7067009e97 2013-10-16 05:06:11 UTC
    The stock market was whipsawed Tuesday as the on-again, off-again talk of a debt deal in Washington made investors wonder just how pessimistic they should be. Stocks were flat or down all day, but the size of the losses waxed and waned depending on which politician was giving a press conferenc...

  • Stocks rise as debt talks continue in Washington
    Dow_erases_all_its_gains_since_trump%e2%80%99s_inauguration 2013-10-12 06:40:08 UTC
    The closer Washington gets to a deal over the debt ceiling, the higher stocks go. Stock prices rose for a second day in a row on Friday as investors bet against a U.S. debt default. The Dow Jones industrial average rose 111 points Friday, bringing its two-day gain to 434. Its jump on Thursday ...

  • Stocks end mostly higher on signs of compromise
    5f133a706395c111320f6a7067002037 2013-10-10 05:39:42 UTC
    NEW YORK (AP) — Signs that lawmakers are making moves to end a stalemate in Washington and avert a U.S. government debt default halted a slump on the stock market Wednesday. President Barack Obama is making plans to talk with Republican lawmakers at the White House in the coming days as pressu...

  • China leads Asian stocks higher, Europe gains
    4a6a8a72b6d0c612330f6a706700cb0f 2014-01-22 10:31:21 UTC
    MUMBAI, India (AP) — Asian and European stock markets mostly posted gains Wednesday led by a surge in Chinese stocks and in anticipation of a raft of British economic data. The Shanghai Composite jumped 2.2 percent to 2,147.14 after the central bank promised extra liquidity in the financial sy...

  • Stocks slip after US hiring report disappoints
    Dow_erases_all_its_gains_since_trump%e2%80%99s_inauguration 2013-10-02 19:14:57 UTC
    NEW YORK (AP) — Weak hiring and worries about a protracted government shutdown pushed the U.S. stock market lower Wednesday. U.S. businesses added 166,000 jobs last month, payroll company ADP said Wednesday, a level consistent with only a modest improvement in hiring. Economists polled by Fact...

  • Stocks drop as government heads toward shutdown
    Wall_street_stocks-_dow_jones_falls_nearly_400_points 2013-09-30 18:56:31 UTC
    NEW YORK (AP) — Stocks sank Monday as Wall Street worried that a budget fight in Washington could lead to something much worse for the economy— a failure to raise the nation's borrowing limit. It has become all but certain that the federal government will partially shut down for the first time...

  • Stocks fall on third day of government shutdown
    3806f111d65ce112330f6a7067004243 2013-10-04 07:41:52 UTC
    NEW YORK (AP) — Investors sold stocks across the board Thursday as a U.S. government shutdown dragged into its third day and the nation inched closer to a critical deadline to raise its borrowing limit. Stocks opened lower and fell steadily throughout the morning.The Dow Jones industrial avera...

  • Fairfax reaches tentative deal to buy BlackBerry
    Blackberry-diaalnews.com 2013-09-24 00:12:31 UTC
    TORONTO (AP) — BlackBerry's largest shareholder has reached a tentative agreement to pay $4.7 billion for the troubled smartphone maker, even as many investors fret about its potential demise. BlackBerry Ltd. said Monday that Fairfax Financial Holdings Ltd. has signed a letter of intent that "...

  • Stocks waver a day after record-setting run
    5f133a706395c111320f6a7067002037 2013-09-19 16:18:47 UTC
    NEW YORK (AP) — Stocks were mostly lower Thursday, a day after hitting a record high because of a surprise move from the Federal Reserve to keep its economic stimulus in place. The Standard & Poor's 500 index was down two points, or 0.1 percent, to 1,724. The Dow Jones industrial average slipp...

  • Dow Jones average has its best week since January
    Bf57ddef49040114350f6a706700b04b 2013-09-14 08:09:18 UTC
    NEW YORK (AP) — Stocks rose broadly Friday, giving the Dow Jones industrial average its best week since January. The market got a lift from two economic reports, one showing that inflation remained tame in August and the other showing that Americans spent more at stores last month. The Dow ...

  • Stocks higher following retail, inflation reports
    A88d229790da7613340f6a706700c148 2013-09-13 17:58:21 UTC
    NEW YORK (AP) — Reports that Americans spent more last month and inflation remained tame gave stocks a lift Friday. The Dow Jones industrial average added 73 points as of 12:40 p.m. Eastern, or 0.5 percent, to 15,373. The Dow got a lift from Intel. Analysts at Jefferies & Co. said Intel may be...

  • Stocks trade mixed; Apple sinks after iPhone news
    Download 2013-09-11 16:53:04 UTC
    Stocks were trading mixed on Wednesday as investors became more tentative after several days of gains and waited to see if the confrontation with Syria can be resolved peacefully. The market is on its longest winning streak since July. In afternoon trading, the Dow Jones industrial average ...

  • Stocks end slightly higher after rally fades
    Asian_markets_opened_sharply_higher 2013-09-04 07:14:58 UTC
    NEW YORK (AP) — The stock market rose modestly Tuesday as renewed worries about a U.S.-led attack on Syria dampened an early rally. Stocks surged in the opening minutes of trading as traders felt that a U.S. attack on Syria wasn't imminent after President Barack Obama announced over the weeken...

  • US consumer borrowing up $11.1 billion in April
    C_money_bills 2013-06-09 04:56:27 UTC
    WASHINGTON (AP) — Americans borrowed more in April to attend college and buy cars and were a little less cautious with their credit cards than the previous month. The Federal Reserve said Friday that consumer borrowing rose $11.1 billion in April from March to a seasonally adjusted $2.82...

  • BoE keeps interest rates, stimulus program steady
    C456ceeb47d5c8b811fc64fefe75_h253_w430_m2_q80_czacawujo 2013-06-06 17:55:50 UTC
    LONDON (AP) — The Bank of England has opted not to pump more money into the British economy. The decision Thursday came after the final Monetary Policy Committee meeting to be chaired by outgoing governor Mervyn King. The policymakers approved keeping the base interest rate at 0.5 percent...

  • FHA reverse mortgage losses may require bailout
    -8b3f1234dae7aaf7 2013-06-05 04:18:05 UTC
    WASHINGTON (AP) — The Federal Housing Administration may need as much as a $1 billion rescue package before the end of the year to bolster its reserves despite efforts to shore up its finances with higher mortgage insurance premiums, a Senate subcommittee was told Tuesday. FHA Commissioner...

  • Fed policy change fears weigh on markets
    Chinamarket_ap 2013-05-29 17:19:37 UTC
    LONDON (AP) — Worries that the U.S. Federal Reserve will start to rein in its monetary stimulus program weighed on global markets Wednesday, a day after the Dow Jones index struck another record high. And with the month-end hovering, many investors were looking to book profits following an...

  • Asia stocks gain amid modest Nikkei recovery
    C63b2e6dbfbd0711330f6a706700ed4b-1 2013-05-28 04:52:07 UTC
    BANGKOK (AP) — Investors seeking bargains helped push Japan's benchmark stock index higher Tuesday after plunging 3 percent the day before. Other Asian markets registered relief with slight gains. The Nikkei has been on a rollercoaster ride since last Thursday, when it plummeted more tha...