Stocks were higher in Europe and Asia on Monday following a report that signaled the US jobs market, while still healthy, shows some signs of cooling, raising hopes for an easing of interest rate hikes. Germany’s DAX advanced 0.7% to 15,949.69 and the CAC 40 in Paris picked up 0.8% to 7,354.96. In London, the … Read more
NEW YORK (AP) — Wall Street is ticking higher in early trading, on track for its first back-to-back gain in what’s been a miserable August. The S&P 500 was up 0.3% early Tuesday, coming off a gain powered by Big Tech stocks. The Dow was little changed and the Nasdaq composite was up 0.6%. Stocks … Read more
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
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