financial markets

Facebook-led tech slump dims broader gains for US stocks

A Facebook-led slump in technology companies weighed on U.S. stocks Thursday, overshadowing broad gains in other sectors. Fresh optimism among investors that trade tensions between the U.S and European Union may be on the mend, coupled with another round of strong company earnings, sent airlines, energy companies and consumer goods stocks higher. Small-company stocks did … Continue reading Facebook-led tech slump dims broader gains for US stocks

NEW YORK | Banks weaken, but small-company stocks hold up well

NEW YORK — Banks and other large U.S. stocks fell Thursday, but smaller companies climbed, making for a mixed finish on Wall Street. Trade issues again weighed on the market as representatives of the auto industry told Congress they opposed tariffs on imported cars and car parts being proposed by the Trump administration. Major banks … Continue reading NEW YORK | Banks weaken, but small-company stocks hold up well

NEW YORK | US stocks rise as retailers and smaller companies climb

NEW YORK — After a weak start, U.S. indexes are climbing Tuesday as retailers and smaller companies rise and investors applaud strong second-quarter results from health care products giant Johnson & Johnson and financial services company Charles Schwab. Technology companies are also rising. Netflix is falling as investors were disappointed with the streaming video company’s … Continue reading NEW YORK | US stocks rise as retailers and smaller companies climb

NEW YORK | Stocks fall as crude oil prices drop 4 percent; banks climb

NEW YORK — U.S. stocks are mostly slipping Monday as energy companies sink along with the price of oil. Banks are rising along with interest rates, and Bank of America is climbing after a solid second-quarter report. Stocks finished at five-month highs last week as investors remained optimistic about the U.S. economy even as they … Continue reading NEW YORK | Stocks fall as crude oil prices drop 4 percent; banks climb

Crypto Coin Goes Green as Orientum Ready to Launch

BANGKOK/ July 5, 2018 (STL.News) — Cryptocurrencies have caught the public’s appetite for a different route of investment, and now Orientum is taking this a step further, by aligning their coins to creating wealth from waste. The creators of Orientum — the new cryptocurrency due to be listed on public exchanges in the latter part … Continue reading Crypto Coin Goes Green as Orientum Ready to Launch

ATHENS, Greece  | Greek financial markets rally on deal paving to bailout exit

ATHENS, Greece  — Greece’s financial markets rallied Friday on news that the country’s creditors have agreed to debt relief measures that pave the way for an end to the nation’s eight-year bailout program in two months. Bond markets rose, leading to a drop in the government’s borrowing rates. The yield on Greece’s benchmark 10-year bond … Continue reading ATHENS, Greece  | Greek financial markets rally on deal paving to bailout exit

ROME | New Italian economy minister: no euro exit proposal on tap

ROME (AP) — Italy’s economy minister says the new populist government isn’t discussing any proposal to leave the eurozone. Minister Giovanni Tria, in an interview in Sunday’s Corriere della Sera newspaper, said “not only do we not want to exit” the 19-member shared currency union, but the coalition is determined to act so conditions don’t … Continue reading ROME | New Italian economy minister: no euro exit proposal on tap

WASHINGTON | Trump’s trade agenda runs into reality of global geopolitics

WASHINGTON (AP) — President Donald Trump’s hard-line views on trade, a staple of his message long before he entered politics, are beginning to collide with the cold realities of global geopolitics. Trade talks on China and the North American Free Trade Agreement have hit stumbling blocks, posing a challenge for a president who vowed to … Continue reading WASHINGTON | Trump’s trade agenda runs into reality of global geopolitics