financial markets

NEW YORK | Markets Right Now: Another steep drop pulls Dow down 500

NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month. Longtime market favorites like Microsoft and Amazon took heavy losses Monday. Health care companies also fell sharply. A … Continue reading NEW YORK | Markets Right Now: Another steep drop pulls Dow down 500

NEW YORK | Markets Right Now: S&P 500 sinks to lowest level since April

NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended the week with a steep loss on Wall Street as the S&P 500 dropped to its lowest level since April. The benchmark index is now down almost 3 percent for the year. New concerns about slowing growth in … Continue reading NEW YORK | Markets Right Now: S&P 500 sinks to lowest level since April

NEW YORK | Markets Right Now: Stocks drop on China concerns, J&J sinks

NEW YORK— The latest on developments in financial markets (all times local): 2:42 p.m. Stocks are falling sharply on Wall Street on new concerns about slowing growth in China’s economic engine and disarray surrounding plans for Britain to exit the European Union. Johnson & Johnson plunged 10 percent in heavy trading Friday after Reuters reported … Continue reading NEW YORK | Markets Right Now: Stocks drop on China concerns, J&J sinks

WASHINGTON | Survey: US businesses added a solid 179,000 jobs last month

WASHINGTON — U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey. The report comes as other data also suggest the U.S. economy remains healthy, even as the financial markets have gyrated over concerns about a trade conflict with China and slowing global growth. Payroll processor … Continue reading WASHINGTON | Survey: US businesses added a solid 179,000 jobs last month

NEW YORK | Markets Right Now: Stocks open sharply lower on Wall Street

NEW YORK — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening sharply lower as the arrest of a senior Chinese technology executive threatened to worsen trade tensions between China and the U.S. The price of oil also fell sharply early Thursday as OPEC leaders gathered to discuss possible … Continue reading NEW YORK | Markets Right Now: Stocks open sharply lower on Wall Street

NEW YORK | Markets Right Now: Stocks turn jittery again, Dow sinks 500

NEW YORK— The latest on developments in financial markets (all times local): 1:08 p.m. Stocks are turning sharply lower on Wall Street as trading turns jittery again, erasing 500 points from the Dow Jones Industrial Average. Banks led the market lower as bond yields fell sharply Tuesday, which makes it harder for banks to make … Continue reading NEW YORK | Markets Right Now: Stocks turn jittery again, Dow sinks 500

NEW YORK | Markets Right Now: US stocks climb in midday trading

NEW YORK — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks moved higher in midday trading after the U.S. and China agreed to a 90-day truce in their escalating trade dispute. Technology and energy companies rose Monday following gains in overseas markets as investors welcomed news of the temporary stand-down. … Continue reading NEW YORK | Markets Right Now: US stocks climb in midday trading

WASHINGTON | The Latest: Trump on China: ‘I like the deal we have now’

WASHINGTON— The Latest on President Donald Trump and the G-20 summit (all times local): 10:50 a.m. President Donald Trump says the U.S. is “very close” to a deal with China on tariffs, but he adds that “I don’t know that I want to do it.” Trump said Thursday: “I like the deal we have now.” … Continue reading WASHINGTON | The Latest: Trump on China: ‘I like the deal we have now’