Financial markets

A man walks in the rain past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 10, 2020. Asian stock markets followed Wall Street lower Friday on worries economic improvements might fade as coronavirus cases increase in the United States and some other countries. (AP Photo/Eugene Hoshiko)
July 09, 2020 - 10:42 pm
BEIJING (AP) — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the...
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Arizona Republican Gov. Doug Ducey speaks about the latest coronavirus update in Arizona at a news conference Thursday, July 9, 2020, in Phoenix. (AP Photo/Ross D. Franklin, Pool)
July 09, 2020 - 8:46 pm
PHOENIX — Arizona Gov. Doug Ducey is ordering restaurants to work at half of their capacity, but he has declined to shut them down entirely as authorities seek to control a strong coronavirus outbreak that has doubled the daily case count in two weeks. The governor also said Thursday the state will...
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FILE - In this Friday, May 25, 2018 file photo, Luxembourg's Finance Minister Pierre Gramegna, left, speaks with Irish Finance Minister Paschal Donohoe during a meeting of EU finance ministers at the Europa building in Brussels. The powerful group of countries using Europe's single currency will choose a new president on Thursday, July 9, 2020, with three candidates vying for the challenging task of leading the 19-nation bloc out of the deepest economic recession in decades. The candidates for Eurogroup president are Spain's Economy Minister Nadia Calvino, Irish Finance Minister Paschal Donohoe and Luxembourg's Finance Minister Pierre Gramegna. (AP Photo/Virginia Mayo, File)
July 09, 2020 - 2:13 pm
BRUSSELS (AP) — Ireland's Paschal Donohoe was elected Thursday to head the powerful finance group of the 19 nations using Europe’s single currency, and vowed to lead the bloc through what is set to be a historically deep recession in the wake of the coronavirus pandemic. Donohoe, who has been...
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FILE -In this June 16, 2020 file photo, a sign for a Wall Street building is shown in New York. Earnings reporting season is about to get underway for big companies, and the forecasts are grim. Wall Street expects S&P 500 companies to report profits plunged by the most since the depths of the Great Recession during the second quarter. Earnings reports tend to matter deeply to investors because stock prices track the path of earnings over the long term. (AP Photo/Mark Lennihan, File)
July 09, 2020 - 9:28 am
NEW YORK (AP) — Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be disappointed in something when expectations were low to begin with. That’s how Wall Street is approaching the upcoming earnings season for companies. CEOs across the...
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A woman scratches a $30 instant ticket while playing the lottery at Ted's Stateline Mobil on Wednesday, June 24, 2020 in Methuen, Mass. The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls. (AP Photo/Charles Krupa)
July 09, 2020 - 8:39 am
Boston (AP) — The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls. Since March, Texas, Arkansas and Montana and several other states have seen an...
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A group of local defense force fighters drive their motorbikes during an event to inaugurate a new chapter of the group in Ouagadougou, Burkina Faso, Saturday, March 14, 2020. In an effort to combat rising jihadist violence, Burkina Faso’s military has recruited volunteers to help it fight militants. (AP Photo/Sam Mednick)
July 09, 2020 - 2:01 am
KONGOUSSI, Burkina Faso (AP) — Armed only with a knife, Issa Tamboure was no match for gun-wielding jihadists who attacked his village in northern Burkina Faso in March. So Tamboure, 63, rounded up his family — including his 13 children — and ran, eventually reaching a camp for people displaced by...
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Singapore Prime Minister and Secretary-General of the People's Action Party Lee Hsien Loong, second left, wears a face mask while talking to food vendors at a local market at Yio Chu Kang while on the campaign trail in Singapore July 3, 2020. Singaporeans go to the polls on July 10 in Southeast Asia's first election since the coronavirus pandemic began, with the health crisis and an economic recession expected to bolster Prime Minister Lee's party and extend its unbroken rule. (AP Photo/Ee Ming Toh)
July 08, 2020 - 7:56 pm
SINGAPORE (AP) — Singaporeans vote Friday in Southeast Asia’s first election since the coronavirus pandemic began, with the health crisis and a grim economy expected to bolster Prime Minister Lee Hsien Loong’s party and extend its unbroken rule. While victory seems secure for Lee’s People Action...
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Prime Minister Justin Trudeau arrives for a news conference on the COVID-19 pandemic outside his residence at Rideau Cottage in Ottawa, Thursday, June 18, 2020. (Justin Tang/The Canadian Press via AP)
July 08, 2020 - 3:40 pm
OTTAWA (AP) — The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19. The amount, included in a fiscal “snapshot” the Liberal government released Wednesday, is a huge jump from the CDN$...
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FILE - In this Tuesday, July 7, 2020 file photo, pedestrians wearing protective masks during the coronavirus pandemic pass by the New York Stock Exchange in New York. Wall Street is starting August with more gains, and U.S. stocks are climbing in early Monday, Aug. 3, 2020 trading following encouraging reports from around the world on the economy. (AP Photo/Frank Franklin II, File)
July 08, 2020 - 3:12 pm
NEW YORK (AP) — U.S. stock indexes drifted higher on Wednesday, as more gains for big tech companies help make up for weakness elsewhere across Wall Street. The S&P 500 was 0.8% higher after erasing an earlier loss of 0.3%. Treasury yields and oil prices were also holding relatively steady. But...
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German Chancellor Angela Merkel addresses a plenary session at the European Parliament in Brussels, Wednesday, July 8, 2020. Germany has just taken over the European Union's rotating presidency, and must chaperone the 27-nation bloc through a period of deep crisis for the next six months and try to limit the economic damage inflicted by the coronavirus. (Yves Herman, Pool Photo via AP)
July 08, 2020 - 10:01 am
BRUSSELS (AP) — The coronavirus pandemic is showing the limits of “fact-denying populism,” German Chancellor Angela Merkel said Wednesday, as she urged European Union countries to quickly agree on a major economic recovery package and deprive nationalists of any opportunity to take advantage of the...
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