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Wall Street pulled lower by Apple, trade worries

NEW YORK, Nov 19 — Wall Street was lower today as a slide in Apple shares due to demand worries hit the technology sector, while conflicting signals of a potential truce in the China-US trade dispute added to market jitters. Shares of Apple Inc…


Wall Street climbs on hopes of easing trade tensions

NEW YORK, Nov 16 — US stocks rose yesterday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports. Wall Street's major indexes reversed an…


Asia stocks lifted by China-US trade hopes, oil resumes retreat

TOKYO, Nov 15 — Asian stocks rose today, cheered by a bounce in Chinese equities on signs China and the United States may be taking steps to de-escalate their bitter trade dispute, while oil prices resumed their retreat on fears of oversupply. A…


Asia markets edge up as oil slide slows

TOKYO, Nov 15 — Asian stocks edged up today as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit…


S&P 500 falls for fifth day as financials drag

NEW YORK, Nov 15 — Wall Street stocks fell yesterday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control…


Oil claws back after plunge, sterling rises on Brexit deal

NEW YORK, Nov 15 — Oil prices bounced up yesterday, as hopes for output cuts fueleld a partial rebound from the previous session's steep decline, and the euro and sterling gained as British Prime Minister Theresa May obtained her cabinet's backing…


Asian shares falter, US dollar at 16-month peak on Europe, Brexit woes

SYDNEY, Nov 13 — Asian shares stumbled today after a rout in tech stocks inflicted a hefty selloff on Wall Street, while the US dollar hit a 16-month peak on safe haven bets amid political risks in Europe and acrimonious Sino-US trade relations….


Bad 3Q earnings a blow to European market

LONDON: European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confidence shaken by Italy’s budget crisis and Brexit. Stocks have seen sharp swings on results days as firms reveal the damage wrought by higher trade […]


Apple, tech sector crushed by weak forecasts

NEW YORK, Nov 12 — US stocks fell for a third day today, as a slump in Apple Inc shares following weak forecasts from two of its suppliers hit the technology sector. The iPhone maker fell 3.8 per cent after laser sensor maker Lumentum Holdings Inc…


Slump in oil prices and China data weighs on global stocks

NEW YORK, Nov 10 — Stocks around the globe suffered their biggest drop in two weeks yesterday as weak Chinese economic data sapped demand for equities while oil prices weakened again. US stocks were broadly lower, with energy shares falling more…