Financial markets

FILE - A woman wearing a mask walks her dog past the New York Stock Exchange, Tuesday, June 30, 2020. Stocks are drifting in early trading on Wall Street Thursday, Aug. 6, after a report suggested that the number of layoffs across the country is slowing, though it remains incredibly high. (AP Photo/Mark Lennihan)
August 06, 2020 - 4:32 pm
NEW YORK (AP) — Stocks perked higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high. The S&P 500 rose 21.39, or 0.6%, to 3,349.16, as investors also waited for Congress and the White House to reach a hoped-for...
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August 06, 2020 - 8:50 am
LONDON (AP) — Turkey’s currency dropped to an all-time low against the dollar on Thursday as the global recession created by the pandemic brings to the fore weaknesses in the country's economy. The Turkish lira fell to 7.2775 against the dollar before recovering slightly to around 7.24, compared...
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FILE - In this Wednesday, March 11, 2020 file photo, pedestrians wearing face masks pass the Bank of England in London. The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday Aug. 6, 2020, as it expressed caution about how rapidly the United Kingdom's economy will recover from the COVID-19 pandemic. (AP Photo/Matt Dunham, File)
August 06, 2020 - 6:43 am
LONDON (AP) — The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even as it warned it would take a longer time to heal the scars. The central bank opened the door to providing more...
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House Majority Whip Rep. James Clyburn, D-S.C., stands during a House Select Subcommittee hearing on the Coronavirus, Friday, July 31, 2020 on Capitol Hill in Washington. (Erin Scott/Pool via AP)
August 05, 2020 - 10:42 pm
Rep. James Clyburn said Wednesday the COVID-19 crisis is “much, much worse” than the 2008 Great Recession because the U.S. is without a national strategy to contain the coronavirus. “Our entire economy is at stake,” Clyburn told The Associated Press in a Newsmakers interview. The third-ranking...
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This photo shows a general view of the scene of an explosion that hit the seaport of Beirut, Lebanon, Wednesday, Aug. 5, 2020. The massive explosion rocked Beirut on Tuesday, flattening much of the city's port, damaging buildings across the capital and sending a giant mushroom cloud into the sky. (AP Photo/Bilal Hussein)
August 05, 2020 - 6:58 pm
BEIRUT (AP) — Investigators probing the deadly blast that ripped across Beirut focused Wednesday on possible negligence in the storage of tons of a highly explosive fertilizer in a waterfront warehouse, while the government ordered the house arrest of several port officials. International aid...
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Cloud computing company Rackspace begins trading at the Nasdaq following its initial public offering, Wednesday, Aug. 5, 2020, in New York's Times Square. (AP Photo/Mark Lennihan)
August 05, 2020 - 11:43 am
NEW YORK (AP) — Stocks are rising again on Wall Street Wednesday, and the S&P 500 is ticking closer to its record high as it tries for a fourth straight gain. The S&P 500 was 0.7% higher in midday trading, following up on gains in European markets and across much of Asia. It’s back within 2...
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A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 5, 2020. Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. (AP Photo/Vincent Yu)
August 04, 2020 - 11:42 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney declined. Investors are watching the stalemate among U.S. legislators over employment...
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Wounded people are evacuated after a massive explosion in Beirut, Lebanon, Tuesday, Aug. 4, 2020. Massive explosions rocked downtown Beirut on Tuesday, flattening much of the port, damaging buildings and blowing out windows and doors as a giant mushroom cloud rose above the capital. Witnesses saw many people injured by flying glass and debris. (AP Photo/Hassan Ammar)
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August 04, 2020 - 2:36 pm
BEIRUT (AP) — A massive explosion rocked Beirut on Tuesday, flattening much of the port, damaging buildings and blowing out windows and doors across the capital and sending a giant mushroom cloud into the sky. There were hundreds of casualties, with bodies buried under the rubble, officials said...
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People wearing face masks stand by a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange on Tuesday, Aug. 4, 2020. Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February. (AP Photo/Vincent Yu)
August 04, 2020 - 12:07 am
Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February. Investors appear to be shrugging off surging coronavirus caseloads in dozens of countries. Tokyo's Nikkei...
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Democratic presidential candidate former Vice President Joe Biden speaks at a campaign event at the William "Hicks" Anderson Community Center in Wilmington, Del., Tuesday, July 28, 2020.(AP Photo/Andrew Harnik)
August 03, 2020 - 6:40 am
NEW YORK (AP) — Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to general election: 92 Days to first state offering early voting (North Carolina): 33 ___ THE NARRATIVE With early voting fast approaching, both presidential camps are feverishly...
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