Tag Archives: street

Markets Right Now: Banks lead stock gains on Wall Street

Markets Right Now: Banks lead stock gains on Wall StreetNEW YORK (AP) — The latest on developments in financial markets (all times local):



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Ocasio-Cortez Poised to Join Panel Overseeing Wall Street

Ocasio-Cortez Poised to Join Panel Overseeing Wall StreetThe New York lawmaker, who has become a sensation among progressives, will almost certainly join the House Financial Services Committee after a group of fellow Democrats on the party’s steering committee voted to recommend her for the panel on Tuesday, according to people familiar with the matter. Two other recently elected progressive Democrats, Rashida Tlaib of Michigan and Katie Porter of California, are also likely to join the panel, said the people said, who requested anonymity because the names of the new members have not yet been announced. Tulsi Gabbard, a lawmaker from Hawaii who says she plans to run for president in 2020, is also poised to join, the people said.



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Wall Street drops more than 2 percent on slowdown fears

Wall Street drops more than 2 percent on slowdown fearsStocks plunged on Thursday, with the S&P 500 down more than 2 percent, after slowing factory activity on the heels of a dire revenue warning from Apple.



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9 hurt as car rams into famous Tokyo street on New Year's Eve

9 hurt as car rams into famous Tokyo street on New Year's EveNine people were hurt, one seriously, when a man deliberately ploughed his car into crowds celebrating New Year’s Eve along a famous Tokyo street, police and media said Tuesday. With an “intent to murder”, a man identified as 21-year-old Kazuhiro Kusakabe drove a small vehicle into Takeshita Street in Tokyo’s fashion district of Harajuku at 10 minutes past midnight, a police spokesman told AFP. According to national broadcaster NHK, Kusakabe told police he was acting in “retribution for the death penalty” without giving more precise details.



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9 hurt as car rams into famed Tokyo street on New Year's Eve

9 hurt as car rams into famed Tokyo street on New Year's EveNine people were hurt, one seriously, when a man deliberately ploughed his car into crowds celebrating New Year’s Eve along a famous Tokyo street, police and media said Tuesday. With an “intent to murder”, 21-year-old Kazuhiro Kusakabe drove a small vehicle into Takeshita Street in Tokyo’s fashion district of Harajuku at 10 minutes past midnight, a police spokesman told AFP. According to national broadcaster NHK, Kusakabe told police he was acting in “retribution for the death penalty” without giving more precise details.



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Wall Street rises, limps across the finish line of a turbulent year

Wall Street rises, limps across the finish line of a turbulent yearWall Street entered correction territory in late January and was challenged for much of 2018 by tariff jitters, rising interest rates, and fears of diminishing corporate profits. “Investors got complacent,” said Thomas Martin, senior portfolio manager at Globalt Investments in Atlanta. “People were positioned for the lack of volatility, and when that changed because of trade concerns and interest rates, people started repositioning and that started the cascade.” December was a particularly trying month for U.S. equities.



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Wall Street slide on global growth fears erases S&P's 2018 gains

Wall Street slide on global growth fears erases S&P's 2018 gainsThe S&P 500 and the Dow Jones Industrial Average slipped back into losses for the year on Thursday.



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Losses on Wall Street deepen amid trade war worries

Losses on Wall Street deepen amid trade war worriesLosses on Wall Street deepened in late-morning trade on Thursday as the arrest of a key Chinese executive at the urging of the United States exacerbated trade war fears. The drops, which pushed both the Dow and S&P 500 into the red for 2018, came after the arrest of Huawei executive Meng Wanzhou in Canada for extradition to the United States in an investigation into suspected Iran sanctions violations by the telecom giant. The Meng arrest stirred tensions just as the United States and China agreed to a ceasefire in their trade spat while negotiators seek a deal within three months.



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Wall Street drops 3 percent as confusion over U.S.-China trade truce mounts

Wall Street drops 3 percent as confusion over U.S.-China trade truce mountsWall Street tumbled more than 3 percent on Tuesday, led lower by bank and industrial shares, as investors worried anew about global trade.



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Brexit protests outside Downing Street as UK ministers debate deal

Brexit protests outside Downing Street as UK ministers debate dealBrexit supporters and opponents rallied near Prime Minister Theresa May’s Downing Street office on Wednesday as her cabinet debated the draft divorce deal inside. Pro-Brexit campaigners urged her to scrap the tentative agreement and make a clean break with European Union without paying a penny more into the EU budget. Around 100 demonstrators gathered opposite the Downing Street entrance gates, chanting “Theresa May, don’t betray!” and “What do we want?



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