Financial markets

FILE - In this Monday, Aug. 31, 2020, file photo, Lebanese Prime Minister-designate Mustapha Adib speaks to journalists at the Presidential Palace in Baabda, east of Beirut, Lebanon. Adib has resigned Saturday, Sept. 26, 2020 amid a political impasse over government formation, nearly a month after he was appointed to the job. The announced by Adib deals a blow to French President Emmanuel Macron's efforts to break a dangerous stalemate in the crisis-hit country. (AP Photo/Bilal Hussein, File)
September 26, 2020 - 8:25 am
BEIRUT (AP) — Lebanon’s prime minister-designate resigned Saturday amid a political impasse over government formation, dealing a blow to French President Emmanuel Macron’s efforts to break a dangerous stalemate in the crisis-hit country. The announcement by Moustapha Adib nearly a month after he...
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A woman looks at screens showing Japan's Nikkei 225 index at a securities firm in Tokyo on Friday, Sept. 25, 2020. Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy.(AP Photo/Hiro Komae)
September 25, 2020 - 10:38 am
NEW YORK (AP) — U.S. stocks are wobbling Friday morning, as the S&P 500 heads for a fourth straight week of losses amid Wall Street’s sudden September swoon. The S&P 500 was 0.1% higher after flip-flopping between small gains and losses a few times after trading opened. Stocks have been...
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FILE - In this Jan. 3, 2020 file photo, the Wall St. street sign is framed by American flags flying outside the New York Stock Exchange in New York. U.S. stocks are swinging between losses and gains in Thursday, Sept. 24, trading, as volatility continues to be the dominant force in Wall Street’s tumultuous September. (AP Photo/Mary Altaffer, File)
September 24, 2020 - 6:02 pm
Stocks eked out modest gains Thursday even as volatility continued to be the dominant force in Wall Street's tumultuous September. The S&P 500 rose 0.3% after earlier swinging between a loss of 0.9% and a gain of 1.3%. The market notched widespread gains, though technology stocks powered much...
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September 24, 2020 - 8:48 am
ANKARA, Turkey (AP) — Turkey’s Central Bank raised its benchmark interest rate by 2 percentage points on Thursday, its first hike in two years to fight inflation and support its falling currency. In a surprise move that helped boost the Turkish currency, the Monetary Policy Committee said it had...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 24, 2020. Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares.(AP Photo/Ahn Young-joon)
September 23, 2020 - 11:04 pm
Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Sept. 23, 2020. Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. (AP Photo/Ahn Young-joon)
September 23, 2020 - 12:03 am
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped Wednesday in Japan, Hong Kong and Seoul but rose in Sydney after the government reported retail sales fared better than expected. Overnight, the...
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U.S President Donald Trump is seen on a video screen remotely addressing the 75th session of the United Nations General Assembly, Tuesday, Sept. 22, 2020, at U.N. headquarters. This year's annual gathering of world leaders at U.N. headquarters will be almost entirely "virtual." Leaders have been asked to pre-record their speeches, which will be shown in the General Assembly chamber, where each of the 193 U.N. member nations are allowed to have one diplomat present. (AP Photo/Mary Altaffer)
September 22, 2020 - 8:08 pm
UNITED NATIONS (AP) — Kept apart by a devastating pandemic and dispersed across the globe, world leaders convened electronically Tuesday for an unprecedented high-level meeting, where the U.N. chief exhorted them to unite and tackle the era’s towering problems: the coronavirus, the “economic...
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Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing about the government’s emergency aid to the economy in response to the coronavirus on Capitol Hill in Washington on Tuesday, Sept. 22, 2020. (Caroline Brehman/Pool via AP)
September 22, 2020 - 1:13 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession with federal support but that more help from the government is likely needed. Powell told the...
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In this photo provided by the United Nations, Jair Bolsonaro, president of Brazil, speaks in a pre-recorded message played during the 75th session of the United Nations General Assembly, Tuesday, Sept. 22, 2020, at U.N. Headquarters in New York. The U.N.'s first virtual meeting of world leaders started Tuesday with pre-recorded speeches from some of the planet's biggest powers, kept at home by the coronavirus pandemic that will likely be a dominant theme at their video gathering this year. (Rick Bajornas/UN via AP)
September 22, 2020 - 12:25 pm
RIO DE JANEIRO (AP) — Brazilian President Jair Bolsonaro defended his administration’s record protecting the Amazon rainforest, telling the United Nations’ virtual meeting of global leaders on Tuesday that his country has been wrongly portrayed as an environmental villain. Bolsonaro's critics were...
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FILE - In this Jan. 27, 2020, file photo, trader Michael Capolino works on the floor of the New York Stock Exchange. Wall Street is opening sharply lower Monday, Sept. 21, 2020, led by financial stocks, after a report alleged banks were profiting from illicit dealings with disreputable people and criminal networks. (AP Photo/Richard Drew, FIle)
September 21, 2020 - 4:59 pm
NEW YORK (AP) — Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic’s economic pain, though the S&P 500 had pared its losses by the end of the day. The drops began in Asia as soon as trading opened for the week, and they accelerated in Europe on worries about...
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