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Stocks Edge Higher; S&P 500 Heads for Another Week of Gains

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks edged higher in early trading on Friday as most sectors of the market posted small gains. The S&P 500 rose 0.3% to 3,014 and is within 12 points of all-time high. The index is headed for a fourth straight weekly gain, even […]

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks edged higher in early trading on Friday as most sectors of the market posted small gains. The S&P 500 rose 0.3% to 3,014 and is within 12 points of all-time high. The index is headed for a...

World Shares Mixed, India’s Sensex Up 5.4% on Tax Cut News

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares were mixed on Friday, while India’s benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany’s DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain’s FTSE 100 gave up 0.3% to […]

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE...

Stocks Fall Ahead of Fed Decision on Interest Rates

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks moved broadly lower on Wall Street in midday trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates. The Fed is expected to cut its benchmark interest for a second time this year. Close attention will be paid […]

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks moved broadly lower on Wall Street in midday trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates. The Fed is expected to cut its benchmark interest for a second time this year....

Oil Price Drops Further on Hope for Recovery of Saudi Output

ASSOCIATED PRESS LONDON (AP) — The price of oil fell back further on Wednesday after the Saudi government said half of production that was knocked out by an attack over the weekend had already had been restored. Benchmark U.S. crude was down 42 cents to $58.92 per barrel in electronic trading Wednesday. The contract fell […]

ASSOCIATED PRESS LONDON (AP) — The price of oil fell back further on Wednesday after the Saudi government said half of production that was knocked out by an attack over the weekend had already had been restored. Benchmark U.S. crude was down 42 cents to $58.92 per barrel in electronic...

Markets Cautious Ahead of Fed Rate Decision

ASSOCIATED PRESS WASHINGTON (AP) — The Latest on the Federal Reserve’s monetary policy meeting (all times local): 4:40 a.m. Stock markets are subdued and the price of oil is down slightly as investors look ahead to an expected interest rate cut from the Federal Reserve and monitor the fallout from attacks on Saudi Arabia’s oil […]

ASSOCIATED PRESS WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:40 a.m. Stock markets are subdued and the price of oil is down slightly as investors look ahead to an expected interest rate cut from the Federal Reserve and monitor the fallout from...

US Stocks Mostly Lower as Energy Companies Fall

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks were mostly lower in early trading Tuesday as investors await updates on oil output at a damaged Saudi Aramco facility and look ahead to a key interest rate decision from the Federal Reserve. Energy companies gave back some of Monday’s gains as […]

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks were mostly lower in early trading Tuesday as investors await updates on oil output at a damaged Saudi Aramco facility and look ahead to a key interest rate decision from the Federal Reserve. Energy companies gave back...

Energy Prices Spike After Saudi Oil Attack, US Blaming Iran

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was “locked and loaded” to respond. U.S. […]

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was "locked...

US Stocks Mixed as Banks Gain, Tech Drops

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks gave a mixed performance in midday trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having been bolstered in prior sessions […]

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks gave a mixed performance in midday trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having...

World Shares Buoyed by Fresh Optimism Over US-China Trade

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany’s DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain’s FTSE 100 gave […]

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91....

Stocks Rise as US, China Ease Trade Tensions

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks rose in midday trading Thursday after the U.S. and China took more steps to ease tensions in their long-standing trade war that threatens to hurt the broader global economy. Technology stocks led the gains and helped extend Wednesday’s rally. Tech companies, particularly […]

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks rose in midday trading Thursday after the U.S. and China took more steps to ease tensions in their long-standing trade war that threatens to hurt the broader global economy. Technology stocks led the gains and helped extend...