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| May 29, 2017

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Markets Archives -

Markets End the Day Lower

May 11, 2017 |

Stocks are closing broadly lower as a number of retailers drop after reporting disappointing results, the AP reports. Macy’s plunged 17% Thursday after the struggling department store operator reported lower sales as more people shop online. Snap, the parent company of Snapchat, dropped 21.5% after reporting a huge loss….

Markets End the Day Slightly Higher

May 2, 2017 |

US stock indexes are closing slightly higher as gains in industrial companies are offset by losses in automakers and energy companies, the AP reports. Engine maker Cummins rose 6.1% Tuesday. Automakers were broadly lower after posting weak April sales. Fiat Chrysler lost 4.3% and Ford gave up 4….

Markets Send a Worrying Message About the Economy

April 21, 2017 |

Markets are flashing red on growth as investors begin to return to pre-election bets on the “new normal”—a persistently weak economic expansion. What’s News Asia

This Is a Risky Time to Own Emerging Markets

April 19, 2017 |

A crack is forming in the emerging-market resurgence amid worries the buying spree has resulted in lofty valuations, while geopolitical tensions rise. What’s News Asia

Markets Dip in Light Trading

April 13, 2017 |

Industrial companies led US stocks modestly lower on Wall Street Wednesday, per the AP . General Electric, for example, fell 1%. Consumer goods makers bucked the downward trend and moved higher: PepsiCo gained 1.7%. Trading was generally subdued ahead of the Easter holiday weekend. The Standard & Poor’s 500 index…

Markets End Day Higher

April 11, 2017 |

US stock indexes closed barely higher, led by gains in energy companies as the price of crude oil rose for the fifth day in a row, the AP reports. Hess jumped 4% Monday and rig operator Transocean increased 2.6%. Phone companies were the biggest laggard Monday. AT&T lost 0….

Emerging Markets Brandish Bargain Label

April 2, 2017 |

Investors are once again piling into emerging markets, drawn by an improving global economic outlook and favorable stock valuations. What’s News Asia

Markets End the Day Little Changed

March 22, 2017 |

US stocks shook off a shaky start and finished mostly higher as technology and industrial companies rose, the AP reports. Apple rose 1% Wednesday and Microsoft gained 1.3%. The modest gains came a day after the market had its biggest drop this year. Banks continued to fall along with…

Markets End the Day Lower

March 14, 2017 |

Stocks ended lower on Wall Street as another slide in crude oil prices pulled energy companies lower, the AP reports. Marathon Oil slumped 3.3% Tuesday. Pioneer Natural Resources dropped 2.8%. Pandora Media slumped 6.4% after the streaming music company announced it will launch an on-demand service to…

Markets Defy Global Political Storms

March 13, 2017 |

Despite uncertainty around U.S. President Donald Trump’s policies, the possibility the Fed will raise interest rates, looming elections in Europe and instability around North Korea, investors keep calm and carry on. What’s News Asia