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Financial Markets

A collection of news and information related to Financial Markets published by this site and its partners.

Top Financial Markets Articles

Displaying items 12-22
  • How the Dow Jones industrial average fared on Thursday

    The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks. The market's gains this week have been modest as investors wait for more signals about the strength of the economy and the timing of a possible interest...
  • US stock indexes edge higher in midday trading

    U.S. stocks are edging higher in midday trading, led by gains in energy stocks as the price of oil climbs. Salesforce.com was among the big gainers Thursday after reporting results that beat analysts' forecasts. Best Buy was also up after reporting...
  • US stocks open slightly lower following mixed earnings news

    Stocks are edging lower in early trading as investors look over some uneven company earnings reports. NetApp sank 9 percent early Thursday, the most in the Standard & Poor's 500 index, after reporting disappointing results. Dollar Tree fell 1 percent...
  • Fed minutes indicate June rate hike unlikely

    Federal Reserve policymakers largely agreed when they met last month that it would be too early to start raising interest rates in June, as they debated whether the economy's winter weakness would fade or persist. While "a few" Fed officials believed...
  • Asian stock markets uneven after weak China data

    Asian stock markets were lackluster Thursday after China's economy showed new signs of weakness and Fed minutes shed little light on the timing of a U.S. interest rate hike. KEEPING SCORE: Japan's Nikkei 225 added 0.5 percent to 20,289.67 while Hong...
  • 5 global banks to pay $5.7 billion in fines over currency manipulation

     5 global banks to pay $5.7 billion in fines over currency manipulation
    They called themselves the Cartel, and that turned out to be an appropriate name. Traders and sales agents used electronic chat rooms, prosecutors said, to conspire to manipulate prices in the $5-trillion-a-day foreign currency markets. They secretly...
  • What's today's $5 billion banking settlement about?

    Four giants of global banking agreed Wednesday to pay more than $5 billion in fines to regulators and plead guilty to manipulating the global currency market. ___ WHICH BANKS ARE INVOLVED? Traders at four banks — JPMorgan Chase, Citigroup's...
  • New York's top financial regulator to step down

    Benjamin Lawsky, New York state's top financial regulator who collected billions of dollars in penalties and fees from Wall Street giants, announced Wednesday that he will step down. Lawsky, who was appointed the first superintendent of the Department of...
  • A brief afternoon rally fades, leaving US indexes mixed

    A brief afternoon rally faded away on Wall Street, leaving indexes narrowly mixed on the day. The short-lived advance Wednesday came after minutes from the Federal Reserve's latest meeting suggested the central bank wouldn't begin raising interest...
  • How the Dow Jones industrial average fared on Wednesday

    The stock market showed little life on Wednesday as it closed yet another trading day barely changed from the day before. Major indexes rallied a bit after the Federal Reserve released minutes from its last meeting, but mostly gave up the gains toward the...
  • David Nicklaus: Bond-market selloff isn't a crash, it's good news

    The headlines about the bond market have been scary lately, featuring words like "rout" and "crash," but most of us should read them as good news. True, investors globally have lost an estimated $450 billion as interest rates have ticked up in the past...