Financial markets

FILE - In this Nov. 23, 2020 file photo, stone sculptures adorn the New York Stock Exchange. Stocks are pulling lower again on Friday, Jan. 15, 2021, after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. (AP Photo/Seth Wenig, File)
January 15, 2021 - 3:06 pm
NEW YORK (AP) — Stocks closed lower on Wall Street Friday, posting their first weekly loss after two weeks of solid gains. The S&P 500 fell 0.7%, with stocks of companies that most need a healthier economy taking some of the sharpest losses. The declines came as more reports showed how the...
Read More
FILE - This images shows a depiction of Abraham Lincoln taking the oath of office as the 16th president of the United States administered by Chief Justice Roger B. Taney in front of the U.S. Capitol in Washington, on March 4, 1861. Historians cite the first inaugural speeches of Thomas Jefferson and Abraham Lincoln as possible parallels for Joe Biden, who has said his goal is to “restore the soul” of the country even as millions baselessly insist incumbent Donald Trump was the winner. (AP Photo, File)
January 15, 2021 - 10:46 am
NEW YORK (AP) — When Joe Biden addresses the country for the first time as president, his inaugural speech is likely to echo calls for unity that predecessors have invoked since the first time George Washington was sworn in. Unity has since been a theme, and an anxiety, for many incoming presidents...
Read More
Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
January 14, 2021 - 3:49 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in advance. During an online discussion hosted by Princeton University...
Read More
FILE - This Monday, Nov. 23, 2020 file photo shows the New York Stock Exchange, right, in New York. U.S. stocks are ticking higher Thursday, Jan. 14, 2021, despite a dismal report on the number of layoffs sweeping the country. (AP Photo/Seth Wenig)
January 14, 2021 - 3:14 pm
A late slide in several Big Tech stocks left major indexes lower on Wall Street, even as small-company stocks marched to another record high. The S&P 500 turned lower in the last hour of trading to wind up with a loss of 0.4% Thursday. The benchmark index was weighed down by losses in Apple,...
Read More
Police bike officers patrol on the empty waterfront promenade as the country starts a new lockdown, in Beirut, Lebanon, Thursday, Jan. 14, 2021. Lebanese authorities began enforcing an 11-day nationwide shutdown and round the clock curfew Thursday, hoping to limit the spread of coronavirus infections spinning out of control after the holiday period. (AP Photo/Bilal Hussein)
January 14, 2021 - 11:44 am
BEIRUT (AP) — It was a choice between containing a spiraling virus outbreak and resuscitating a dying economy in a country that has been in steady financial and economic meltdown over the past year. Authorities in Lebanon chose the latter. Now, virus patients struggling to breathe wait outside...
Read More
A currency trader passes by monitors showing the Korea Composite Stock Price Inde, and foreign exchange rate at the foreign exchange dealing room of a KB Kookmin Bank branch in Seoul, South Korea, Thursday, Jan. 14, 2021. Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. (AP Photo/Ahn Young-joon)
January 13, 2021 - 9:10 pm
Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Benchmarks rose in Hong Kong, Tokyo and Sydney but fell in Shanghai. U.S. futures were trading slightly higher after the U.S. House of...
Read More
In this photo provided by the New York Stock Exchange, traders Edward MacCarthy, left, and Robert Charmak work on the trading floor, Tuesday, Jan. 12, 2021. U.S. stocks are drifting near their record heights Tuesday, while Treasury yields keep marching higher amid expectations that the economy will pull out of its slump after a powerful recovery sweeps the globe later this year. (Colin Ziemer/New York Stock Exchange via AP)
January 12, 2021 - 3:50 pm
Wall Street capped a wobbly day of trading Tuesday with modest gains, while Treasury yields extended their recent rally. The S&P 500 inched up less than 0.1% after flipping between small gains and losses for much of the day. About 62% of companies in the index rose, with energy sector stocks...
Read More
A woman walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, Jan. 12, 2021. Asian stocks advanced Tuesday as investors watched for details of U.S. President-elect Joe Biden's promised economic stimulus plan. (AP Photo/Vincent Yu)
January 11, 2021 - 11:01 pm
BEIJING (AP) — Asian stocks advanced Tuesday as investors watched for details of President-elect Joe Biden's promised economic stimulus plan. Shanghai, Tokyo and Hong Kong were higher. Seoul declined while Sydney swung between gains and losses. Overnight, Wall Street declined following a string of...
Read More
A man walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Jan. 11, 2021. Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic. (AP Photo/Vincent Yu)
January 10, 2021 - 9:41 pm
TOKYO (AP) — Asian shares were mostly higher Monday as bullish sentiment persisted despite continuing signs of economic damage from the pandemic. Traders continued to be cheered by prospects that the incoming administration of President-elect Joe Biden will pump more aid into the U.S. economy, a...
Read More
FILE - This Nov. 23, 2020 file photo shows the New York Stock Exchange in New York. U.S. stocks are ticking higher on Friday, Jan. 8, 2021, despite a sober reminder of how many jobs the pandemic is destroying, as Wall Street keeps focusing more on the economy’s potentially brighter future than its current pain. (AP Photo/Seth Wenig)
January 08, 2021 - 3:09 pm
Stocks shook off a midday slump and powered higher in the afternoon, bringing major indexes to record highs and leaving the market with solid gains for the first week of the year. The S&P 500 added 0.5%. It rose 1.8% for the week. The Dow and Nasdaq also closed at record highs. Investors are...
Read More

Pages