financial markets

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

NEW YORK | Markets Right Now: Stocks climb on buyouts, profit reports

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening higher following a spate of buyout announcements and strong earnings reports. McDonald’s jumped 3.7 percent to one of the biggest gains in the S&P 500 after it reported healthier profit and revenue than analysts expected for … Continue reading NEW YORK | Markets Right Now: Stocks climb on buyouts, profit reports

NEW YORK | Markets Right Now: Stocks surge as China trade tensions ease

NEW YORK | April 10, 2018 (AP)(STL.News) — The latest on developments in financial markets (all times local): 11:05 a.m. Signs of a thaw in the trade tensions between Beijing and Washington are sending U.S. stock indexes sharply higher on Wall Street. The Dow Jones industrial average climbed as much as 500 points Tuesday. Automakers … Continue reading NEW YORK | Markets Right Now: Stocks surge as China trade tensions ease

Markets Right Now: Stocks plunge on worries over trade

NEW YORK/March 22, 2018 (AP)(STL.News) — The latest on developments in financial markets (all times local): 3:40 p.m. Stocks are plunging, sending the Dow Jones industrials down 700 points, as investors fear that trade tensions will spike between the U.S. and China. The Trump administration announced trade sanctions against China Thursday, and Beijing has said … Continue reading Markets Right Now: Stocks plunge on worries over trade

5 things to watch for as new Fed chair Powell meets Congress

WASHINGTON /February 26, 2018 (AP)(STL.News) — WASHINGTON — When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word. Financial markets are always on high alert for any hints of policy shifts when the leader of the … Continue reading 5 things to watch for as new Fed chair Powell meets Congress

Markets Right Now: Dow plunges 1,000 as market swoons again

NEW YORK/ February 08, 2018(AP)(STL.News) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. The Dow is 10 percent below the record high it set just two weeks ago, putting it in what is known on … Continue reading Markets Right Now: Dow plunges 1,000 as market swoons again