AP Online Stock Market News

Asia follows Wall Street lower after US data revive fears about rate hike

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Asia follows Wall Street lower after US data revive fears about rate hike

NEW YORK (AP) — Wall Street drifted higher Monday ahead of a week of reports showing how strong U.S. shoppers remain, amid hopes their spending can keep the economy out of a recession. The S&P 500 added 25.67, or 0.6%, to 4,489.72, though slightly more stocks fell than rose within the index. The Dow Jones … Read more

Wall Street opens lower as markets become more cautious

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Wall Street opens lower as markets become more cautious

BEIJING (AP) — Global stock markets and Wall Street futures declined Tuesday after Chinese exports fell ahead of this week’s U.S. inflation update, which might influence Federal Reserve plans for possible interest rate hikes. London, Shanghai, Paris and Hong Kong retreated. Tokyo advanced. Oil prices lost more than $1 per barrel. On Monday, Wall Street’s … Read more