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Energy markets

FILE - In this Nov. 20, 2018, file photo an American flag flies outside New York Stock Exchange. Stocks are opening solidly higher on Wall Street as the market claims back some of the ground it lost in steep drops over the previous two days. Technology and industrial stocks were among the biggest winners in early trading Tuesday, Dec. 18. (AP Photo/Mary Altaffer, File)
December 18, 2018 - 2:07 pm

Stocks waver as plunging oil prices pull energy stocks lower

NEW YORK (AP) — After two days of huge losses, U.S. stocks ended the day back where they started on Tuesday. Energy companies sank as crude oil plunged 7 percent, but technology and consumer-focused companies climbed. U.S. crude oil fell to its lowest price since August 2017, and it has now fallen...
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FILE - In this June 23, 2018 file photo, women hold their daughters as they visit the Four Seasons Skyline Tower, in Riyadh, Saudi Arabia. King Salman has extended monthly allowances for government employees, military personnel, pensioners, social security recipients and students into next year. The announcement, carried by the Saudi Press Agency on Tuesday, Dec. 18, 2018, comes on the same day the kingdom's 2019 budget is scheduled to be unveiled. (AP Photo/Nariman El-Mofty, File)
December 18, 2018 - 12:05 pm

Saudi spending to hit record high as oil prices resume slide

RIYADH, Saudi Arabia (AP) — Saudi Arabia's expenditures will hit a record-high in 2019, with plans to increase state spending by 7 percent to reach $295 billion, even as declining oil prices have forced the kingdom to adopt austerity measures. King Salman announced the figures on Tuesday, saying...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 18, 2018. Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. (AP Photo/Lee Jin-man)
December 18, 2018 - 3:53 am

World stock markets stabilize as focus turns to Fed

SINGAPORE (AP) — World stocks stabilized Tuesday, with Wall Street expected to edge up after heavy losses the day before, as traders prepare for a likely interest rate hike by the Federal Reserve. KEEPING SCORE: In Europe, Germany's DAX was 0.5 percent higher at 10,820 after falling into a bear...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 18, 2018. Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. (AP Photo/Lee Jin-man)
December 17, 2018 - 7:46 pm

Asian shares slip as traders ready for Fed rate hike

SINGAPORE (AP) — Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. KEEPING SCORE: Japan's Nikkei 225 index was 1.2 percent lower at 21,242.66 and the Kospi in South Korea dropped less than 0.1 percent to 2,070.54. Hong Kong'...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Dec. 17, 2018. Asian markets rose Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth. (AP Photo/Ahn Young-joon)
December 17, 2018 - 1:20 am

World stocks mixed ahead of Brexit address; Fed in focus

SINGAPORE (AP) — World markets were mixed on Monday as British Prime Minister Theresa May prepares to address the House of Commons over a messy exit deal. Most Asian indexes rose on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of...
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December 16, 2018 - 7:59 pm

Asian shares edge higher with Fed meeting in focus

SINGAPORE (AP) — Asian markets rose Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth. KEEPING SCORE: Japan's Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3...
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FILE- In this Nov. 29, 2018, file photo trader Timothy Nick works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 14. (AP Photo/Richard Drew, File)
December 14, 2018 - 2:22 pm

Stocks plunge to 8-month lows on growth fears; J&J nosedives

NEW YORK (AP) — Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain's impending departure from the European Union also darkened traders' moods. Major U.S. indexes fell...
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A visitor sits in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Dec. 13, 2018. Shares rose in Asia on Thursday after a strong overnight finish on Wall Street. (AP Photo/Yam G-Jun)
December 13, 2018 - 12:41 am

World shares advance following strong Wall Street finish

BANGKOK (AP) — Shares rose in Europe and Asia on Thursday after a strong overnight finish on Wall Street. Traders were encouraged by a Wall Street Journal report saying the Chinese government might make changes to its "Made in China 2025" economic development plan. KEEPING SCORE: Germany's DAX...
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Trader Gregory Rowe works at the New York Stock Exchange, Wednesday, Dec. 12, 2018, in New York. (AP Photo/Mark Lennihan)
December 12, 2018 - 1:34 pm

Wall Street ends higher with help from tech and health care

NEW YORK (AP) — U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market's big losses from the week before. Stocks initially rallied after the Wall Street Journal reported that...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Dec. 11, 2018. Asian markets were mixed Tuesday in narrow trading on doubts that U.S. and China would be able to resolve a crippling trade dispute and weak economic data closer to home. (AP Photo/Eugene Hoshiko)
December 11, 2018 - 5:18 am

Global stocks buoyed by US-China trade talks

LONDON (AP) — Stock markets around the world spiked higher Tuesday after Wall Street rebounded amid hopes the U.S. and China are back negotiating over their trade dispute. KEEPING SCORE: In Europe, Germany's DAX was up 2 percent to 10,831 while France's CAC 40 was up 2 percent at 4,837. Britain's...
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