Financial markets

A man lifts his arm as he walks by the New York Stock Exchange, Thursday, July 30, 2020. Stocks are falling on Wall Street Thursday after reports showed that layoffs are continuing at a stubborn pace and that the U.S. economy contracted at a nearly 33% annual rate in the spring. (AP Photo/Mark Lennihan)
July 30, 2020 - 4:08 pm
NEW YORK (AP) — Wall Street closed broadly lower Thursday, but another indefatigable rise for big tech stocks helped the market trim its losses from earlier in the day. The S&P 500 lost 0.4%, and nearly three quarters of the stocks in the index fell. Among the hardest-hit were banks, oil...
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Children wash sheep with soap before they are offered for sale for the upcoming Islamic holiday of Eid al-Adha, on the beach in Dakar, Senegal Thursday, July 30, 2020. Even in the best of times, many Muslims in West Africa scramble to afford a sheep to slaughter on the Eid al-Adha holiday, a display of faith that often costs as much as a month's income, and now the coronavirus is wreaking havoc on people's budgets putting an important religious tradition beyond financial reach. (AP Photo/Sylvain Cherkaoui)
July 30, 2020 - 12:16 pm
DAKAR, Senegal (AP) — Even in the best of times, many Muslims in West Africa scramble to afford a sheep to slaughter on Eid al-Adha, a display of faith that often costs as much as a month's income. Now COVID-19 is wreaking havoc on people's budgets from Senegal to Nigeria to Ivory Coast, putting an...
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Currency trader watch computer monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, July 30, 2020. Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. (AP Photo/Lee Jin-man)
July 29, 2020 - 11:49 pm
BEIJING (AP) — Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul all gained. Lower interest rates and investor optimism about a possible coronavirus vaccine have helped...
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President Donald Trump adjusts his jacket as he stands with Double Eagle Energy co-CEOs Cody Campbell, left, and John Sellers, right before viewing the Double Eagle Energy Oil Rig, Wednesday, July 29, 2020, in Midland, Texas. (AP Photo/Evan Vucci)
July 29, 2020 - 8:21 pm
MIDLAND, Texas (AP) — President Donald Trump took sweeping digs at “crazy left radical Democrats” on a trip Wednesday to the fracking fields of West Texas, launching unsubstantiated claims that a Democratic administration would destroy everything from the country's suburbs to the U.S. energy...
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FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy. No major changes are likely when the Fed releases a statement Wednesday, July 29, after its two-day policy meeting ends and just before Powell holds a news conference. (AP Photo/Jacquelyn Martin, File)
July 29, 2020 - 5:27 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, the Fed plans to keep interest rates pinned near zero well into the future...
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Team members of Israeli artist Itay Zalait, work on an installation depicting Prime Minister Benjamin Netanyahu at a mock "Last Supper" at Rabin square in Tel Aviv, Israel, Wednesday, July 29, 2020. The installation, placed in a central Tel Aviv square on Wednesday, in the latest twist in a summer of protests against Netanyahu and his lengthy rule. (AP Photo/Oded Balilty)
July 29, 2020 - 7:53 am
TEL AVIV, Israel (AP) — Residents of the city of Tel Aviv woke up Wednesday to a jarring sight: a pop-up exhibit depicting a life-size statue of Israeli Prime Minister Benjamin Netanyahu enjoying a lavish meal by himself at a sprawling table in a mock re-enactment of the Last Supper. The...
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A woman wearing a face mask stands beneath a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, July 28, 2020. Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. (AP Photo/Vincent Yu)
July 28, 2020 - 5:20 pm
Stocks pulled lower on Wall Street Tuesday following a mixed set of earnings reports from dozens of big U.S. companies. The S&P 500 fell 20.97 points, or 0.6%, to 3,218.44 after a last-hour slide erased a small gain from earlier in the day. Caution across markets also helped send Treasury...
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FILE - On March 18, 2020, model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa. U.S. home prices grew more slowly in May 2020, but continued to show resilience in the face of the coronavirus outbreak. (AP Photo/Keith Srakocic, File)
July 28, 2020 - 9:31 am
WASHINGTON (AP) — U.S. home prices grew more slowly in May, but continued to show resilience in the face of the coronavirus outbreak. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.7% in from a year earlier. That's a drop from the 3.9% increase in April and it was a smaller gain...
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July 28, 2020 - 4:12 am
HARARE, Zimbabwe (AP) — Zimbabwe’s ruling party has threatened the United States ambassador with expulsion, calling him a “thug” and accusing him of funding organizers of anti-government protests planned for Friday. Zimbabwe’s government in recent weeks has increasingly accused the U.S. Embassy of...
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A woman wearing a face mask stands beneath a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, July 28, 2020. Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. (AP Photo/Vincent Yu)
July 27, 2020 - 11:37 pm
MITO, Japan (AP) — Shares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce. Benchmarks climbed in Hong Kong, Tokyo and Shanghai after the S&P 500 rose 0.7% overnight. Much attention will be focused...
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