Financial markets

President Donald Trump speaks at a campaign rally Friday, Oct. 30, 2020, in Rochester, Minn. (AP Photo/Bruce Kluckhohn)
October 31, 2020 - 11:18 am
Expect to see a lot more of the same if there's a second Trump administration. President Donald Trump has consistently pointed to tax cuts and regulatory relief as key successes of his first four years in office. He has repeatedly pushed for the end of the Obama-era health law but has yet to...
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President Donald Trump speaks at a campaign rally Friday, Oct. 30, 2020, in Rochester, Minn. (AP Photo/Bruce Kluckhohn)
October 30, 2020 - 6:50 pm
WATERFORD TOWNSHIP, Mich. (AP) — President Donald Trump dangled a promise to get a weary, fearful nation “back to normal” on Friday as he looked to campaign past the political damage of the devastating pandemic. It was a tantalizingly rosy pitch in sharp contrast to Democratic rival Joe Biden, who...
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FILE- In this July 21, 2020 file photo, people walk by the New York Stock Exchange. Stocks are falling in early trading on Friday, Oct. 30, as Wall Street closes out a punishing week and its first back-to-back monthly loss since March, when worries about the pandemic were first peaking. (AP Photo/Mark Lennihan, File)
October 30, 2020 - 4:55 pm
Wall Street closed out another punishing week Friday with the S&P 500 posting its first back-to-back monthly loss since the pandemic first gripped the economy in March. The S&P 500 dropped 1.2% and ended the week with a 5.6% loss, its worst in seven months. Sharp drops in big technology...
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October 30, 2020 - 1:58 pm
SAN JUAN, Puerto Rico (AP) — A plan to pull Puerto Rico out of a type of bankruptcy by 2021 hit a major obstacle Friday when a new member that U.S. President Donald Trump appointed to a federal control board overseeing the island’s finances rejected the immediate filing of a debt restructuring...
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FILE - In this Sept. 24, 2019, file photo a woman walks below a Google sign on the campus in Mountain View, Calif. Five technology giants reported mixed earnings results Thursday, Oct. 29, 2020 a sign of varying fortunes as they try to rebound from an pandemic-related economic slowdown earlier this year. While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations, gloomy forecasts and other uncertainties led to share-price declines for all but Alphabet in after-market trading. (AP Photo/Jeff Chiu, File)
October 29, 2020 - 6:19 pm
Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they work to rebound from a pandemic-related economic slowdown earlier this year. While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations,...
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Visitors to the financial district walk past the New York Stock Exchange, Wednesday, Oct. 28, 2020, in New York. U.S. stocks are drifting on Thursday after better-than-expected reports on the economy help stabilize Wall Street following its worst rout in months. (AP Photo/Mary Altaffer)
October 29, 2020 - 3:33 pm
U.S. stocks shook off an early slide and closed broadly higher Thursday as the market steadied after its worst drop in more than four months. The S&P 500 rose 1.2%, bouncing back from a drop of 0.3% in the early going. Traders welcomed encouraging data on the pace of layoffs and how powerfully...
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A medical crew treat a COVID-19 patient in the intensive care unit at the Joseph Imbert Hospital Center in Arles, southern France, Wednesday, Oct. 28, 2020. Many French doctors are urging a new nationwide lockdown, noting that 58% of the country's intensive care units are now occupied by COVID patients and medical staff are under increasing strain. (AP Photo/Daniel Cole)
October 28, 2020 - 10:43 am
An alarming surge in coronavirus cases in Europe and the U.S. is wiping out months of progress against the scourge on two continents, prompting new business restrictions, raising the threat of another round of large-scale lockdowns and sending a shudder through financial markets. “We are deep in...
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A pedestrian pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks around the world are falling sharply Wednesday, Oct. 28, on worries the worsening pandemic will push governments to bring back restrictions on businesses. (AP Photo/John Minchillo)
October 28, 2020 - 10:32 am
NEW YORK (AP) — Stocks around the world are tumbling Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy. The S&P 500 was down 2.9% in midday trading on Wall Street, heading for a third straight loss. It’s already down 5% this week,...
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People wearing face masks walk past a bank's electronic board showing the Hong Kong share index in Hong Kong, Wednesday, Oct. 28, 2020. Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. (AP Photo/Kin Cheung)
October 27, 2020 - 9:50 pm
TOKYO (AP) — Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The uncertainty surrounding the upcoming U.S. election also has regional market players hesitant to make big moves. Japan's benchmark Nikkei 225 fell...
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Democratic presidential candidate former Vice President Joe Biden leaves after speaking at Mountain Top Inn & Resort, Tuesday, Oct. 27, 2020, in Warm Springs, Ga. (AP Photo/Andrew Harnik)
October 27, 2020 - 9:04 pm
WARM SPRINGS, Ga. (AP) — Joe Biden traveled Tuesday to the hot springs town where Franklin Delano Roosevelt coped with polio to declare the U.S. is not too politically diseased to overcome its health and economic crises, pledging to be the unifying force who can "restore our soul and save this...
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