By Laura Matthews NEW YORK, - After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. Stocks tend to do well in the last five trading days of December and into the first two …
Asian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark fell more than 2% as investors remained wary over China’s plans for helping its ailing property sector. AP AUDIO: Stock market today: More drops for big tech stocks keep dragging Wall Street lower AP business correspondent Seth Sutel has the AP …
Asian shares advanced Thursday, tracking a blistering rally on Wall Street, with Japan’s Nikkei 225 index surging over 42,000 for the first time. On Wednesday, the U.S. stock market vaulted to more all-time highs, led by big technology companies whose shares have been soaring thanks to the frenzy over artificial intelligence. AP AUDIO: Stock market today: Wall Street’s record-breaking rally …
TOKYO — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. Nintendo Co.’s share price sank 5.2% after the company’s forecasts disappointed investors and it announced that news of a successor product to its popular Switch device will be made by March 2025. Japanese officials have expressed concern after the yen’s value slipped to …
U.S. stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M. The Fed will convene its two-day monetary policy meeting later in the day, which will be watched closely for cues on …
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