Most stocks fell Tuesday after a Wall Street sell-off fueled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook. While some are predicting inflation may have reached its peak, oil prices continues to hold its strength, despite...

Stocks rose Monday following a rally on Wall Street in response to data indicating US consumers remained resilient to surging inflation and higher interest rates, easing concerns about a possible recession. Market analysts widely expect the central bank to announce a 75 basis-point lift.

Wall Street stocks rose early Friday as markets cheered unexpectedly strong US retail sales and better-than-expected results from Citigroup. After a pair of grim readings on US consumer price and wholesale inflation the last two days that pressured stocks, markets were pleased by data showing US retail sales jumped one...

Global stocks fell Wednesday and the euro dipped below $1.00 for the first time in nearly 20 years after data showed a surge in US inflation last month, convincing investors that further increases in borrowing costs are on their way.

The euro struck parity with the dollar Tuesday for the first time in nearly 20 years as a cut in Russian gas supplies to Europe heightened fears of a recession in the eurozone. The European single currency hit exactly one dollar -- its lowest level since December 2002 -- before...

Tokyo shares opened higher Thursday after minutes from a Federal Reserve meeting showed that US central bankers are determined to fight inflation despite recession worries. The dollar was at 135.86 yen, compared with 135.93 yen on Wednesday in New York.

Tokyo stocks opened lower Wednesday after a mixed close on Wall Street as lingering recession fears caused a rout on European bourses. The benchmark Nikkei 225 index was down 0.79 percent, or 209.58 points, at 26,213.89 in early trade, while the broader Topix index was down 0.69 percent.

Tokyo stocks opened higher on Monday as investors took heart from gains on Wall Street while staying cautious over the economic impacts of inflation. The dollar fetched 135.02 yen in early Asian trade, against 135.28 yen in New York late Friday.

Wall Street stocks shrugged off early weakness to begin the second half of 2022 on a solid note Friday, but record eurozone inflation underscored the potential for more turbulence ahead. New York equities spent much of the morning in the red, absorbing an industry survey showing slowing growth in the...

Wall Street stocks were mixed early Wednesday, treading water after the prior session's pullback that came amid worries over soaring inflation and an economic slowdown. After last week's rally, stocks were back on the defensive Tuesday, falling hard after downcast consumer confidence reading. But early in the session Wednesday "there...

Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter. After positive sessions for several leading European and Asian bourses, Wall Street stocks were in the red most of the day, and finished modestly lower.

Asian and European markets rallied again Monday, building on last week's advances and following a strong performance on Wall Street as speculation that inflation may have peaked tempered expectations about central bank interest rate hikes. With prices surging at a pace not seen in a generation, finance chiefs have been...

Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat inflation. Fears about a global contraction have also put downward pressure on oil prices.

Wall Street stocks sank early Monday, tumbling into a "bear market" in anticipation of more Federal Reserve monetary tightening this week amid runaway inflation. The market's latest losses, which come on the heels of three straight down sessions, put the S&P 500 into a bear market, defined as a 20...

Wall Street stocks fell early Tuesday as the World Bank slashed its global growth outlook and Target warned of lower profits in the current quarter. The World Bank cut its growth estimate for the global economy to 2.9 percent, 1.2 percentage points below the January forecast, in the wake of...

Markets rose Monday as investors rediscovered some verve after the release of healthy US data and as China eases some of its strict Covid curbs in Shanghai and Beijing, lifting hopes for the world's number two economy. The US reading lent hope that the worst of the inflation surge may...

Wall Street stocks rallied Friday following signs of moderating inflation, finishing with weekly gains for the first time in about two months.

Tokyo stocks opened higher on Thursday following gains on Wall Street, despite ongoing worries over inflationary pressure due to the war in Ukraine. Global markets perked up after the US Federal Reserve released its minutes in which policymakers, as investors expected, agreed that they need to raise rates by 50...

Asian equities were up on Monday after a rally on Wall Street last week, but analysts say fears of a recession due to surging inflation and Covid-driven supply chain woes still have investors worried. World markets have been volatile for much of 2022, fueled by uncertainty over supply chain snarls

Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, but analysts said the outlook remained bleak as inflation, the Ukraine war and Chinese lockdowns weigh on sentiment. World markets have been volatile for much of 2022, with investors fretting about supply chain snarls due to...

Asian and European markets fell in holiday-thinned trade Monday following another tech-led rout on Wall Street, with focus on the Federal Reserve's expected interest rate hike this week. All eyes are on the US central bank's policy meeting this week, which is expected to see it hike borrowing costs by...

The euro slumped to a near two-year low on Thursday after the European Central Bank remained vague about when it will raise interest rates in the face of soaring inflation. The ECB stood still in the face of record eurozone inflation, keeping its stimulus plans and rates unchanged.

Asian stocks posted losses on Monday as unease lingered over tightening monetary policy by the Fed and rising prices in China.

European stocks, which had been firmly higher earlier in the session, ended the day with only modest gains

Five Chinese companies have been ordered to comply with audit requirements by the US Securities and Exchange Commission (SEC) or face delisting from Wall Street. The initial group of companies named on a list published by the SEC on Thursday, could soon be followed by all Chinese companies listed in...

Signs of lower tensions between Russia-Ukraine have put investors at ease.

The deputy information minister of Yemeni rebel group denied smuggling of weapons from Iran.

On Wall Street, the broad-based S&P 500 had its best December in over a decade, and scored a third straight year of double-digit gains with a 27.1% jump.

Studies indicating Omicron infections are less likely to result in hospitalisation have increased confidence that the pandemic will have less impact on the economy.

E-commerce growth has benefited the company.

Wall Street's main indices climbed at the opening bell, with the Dow rising 1.0 percent.

Musk's selloff came days after he created a Twitter poll in which millions voted asking whether he should sell 10 percent of his huge stake in the electric carmaker.

A respite in the crisis surrounding troubled Chinese developer Evergrande also provided some much-needed support to the region.

Bitcoin hit a new record on Wednesday, surging past $65,000 after it took another step towards mainstream status as the world's biggest cryptocurrency forayed onto Wall Street.

The sentiment gets a jolt after Chinese regulators gives dressing down to ride-hailing giant Didi Chuxing and ten other car platforms in the latest move against tech firms.

The S&P 500 and Nasdaq advanced after posting records at the close of trading Friday

At the closing bell, the broad-based S&P 500 had advanced 0.9 percent to 4,509.37 -- its first close over the 4,500 mark