NEW YORK — Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders. After the bond market’s alarm bells rose in volume through the summer, the Trump administration announced on Wednesday a move that could help
TOKYO — Global shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips. France’s CAC 40 edged up 0.1% in early trading to 8,685.40, while the German DAX added 0.4% to 26,445.93. Britain’s FTSE 100 shed 0.4% to 10,791.07. U.S. shares were set to drift moderately higher with Dow futures
NEW YORK — NEW YORK (AP) — Oil prices are easing on Monday and helping to calm Wall Street’s worries that inflation could get even worse. That has U.S. stock indexes rallying, though sharp swings are continuing to roil underneath the surface. The S&P 500 rose 1.5% following its wild July, where it swung up
Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street’s expectations thanks to strong sales of the iPhone and MacBook computers. Apple raised the prices of its Macs and iPads last month, citing a memory-chip shortage brought on by the artificial intelligence boom. The company had called the demand spike an “unprecedented
TOKYO — Asian stocks were mixed, while South Korea’s Kospi stock index fell 6% on Wednesday, as doubts over massive investments in artificial intelligence once again led investors to dump chipmaker stocks. American futures hardly changed. The latest decline in Seoul was led by a drop in shares of chipmaker SK Hynix after its operating
Bangkok– Oil prices rose early Tuesday as fighting intensified in the Middle East, while Asian stocks were mixed as markets in Tokyo and Seoul recovered from early losses. The price of Brent crude oil rose more than 2.3% to $85.18 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude oil rose 2.5% to