Financial markets

Chinese President Xi Jinping and his wife Peng Liyuan arrive at Rome's Leonardo Da Vinci airport in Fiumicino, Italy, Thursday, March 21, 2019. Jinping is in Italy to sign a memorandum of understanding to make Italy the first Group of Seven leading democracies to join China's ambitious Belt and Road infrastructure project. (AP Photo/Andrew Medichini)
March 22, 2019 - 11:30 am
MILAN (AP) — Chinese President Xi Jinping is launching a two-day official visit aimed at deepening economic and cultural ties with Italy through an ambitious infrastructure building program that has raised suspicions among Italy's U.S. and European allies. Xi will be received Friday by President...
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FILE- In this March 13, 2019, file photo traders gather at the post that handles Oaktree Capital Group on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 22. (AP Photo/Richard Drew, File)
March 22, 2019 - 9:36 am
NEW YORK (AP) — U.S. stocks moved broadly lower in early trading on Wall Street Friday, dragged down by banks and industrial companies. Citigroup led a decline in banks with a 3.8 percent loss as bond yields continue to drop, threatening the profitability of financial companies that make money from...
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A man and a woman look at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, March 22, 2019. Asian markets were mostly lower on Friday as investors mulled over the possibility of a trade deal between the U.S. and China in the near future, ahead of the continuation of talks in Beijing next week. (AP Photo/Eugene Hoshiko)
March 22, 2019 - 2:02 am
SINGAPORE (AP) — Asian markets were mixed on Friday as caution set in ahead of U.S.-China trade talks in Beijing next week. The Shanghai Composite index was 0.1 percent lower at 3,097.81 while the Kospi in South Korea rose 0.1 percent to 2,186.95. Australia's S&P ASX 200 gained 0.5 percent to 6...
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A woman stands in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, March 21, 2019. Shares in Asia are mostly higher after the Federal Reserve said it has ruled out interest rate increases for this year. (AP Photo/Kin Cheung)
March 21, 2019 - 3:41 am
BANGKOK (AP) — Shares advanced across Asia on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index rose 0.9 percent to 3,119.72 while Hong Kong's Hang Seng gained 0.2 percent to 29,371.12. South Korea's Kospi climbed 0.5...
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A screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, March 20, 2019. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. (AP Photo/Richard Drew)
March 21, 2019 - 12:48 am
U.S. stocks erased an early loss and turned higher in afternoon trading Wednesday as investors welcomed the Federal Reserve's decision to rule out interest rate increases this year. That's a marked change from three months ago, when the central bank projected two rate hikes this year. The Fed...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 2:22 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell explained Wednesday why he thinks a recent stumble in the U.S. economy's growth will be temporary. Consumers appeared to pull back this winter, with...
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Chinese investors use computer terminals to monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 20, 2019 - 7:44 am
BANGKOK (AP) — Shares were mostly falling in Europe after a lackluster day of trading in Asia and U.S. markets appeared set for a slightly higher open ahead of the Federal Reserve's policy statement. Germany's DAX sank 1.2 percent to 11,644, dragged down by a profit warning by BMW and a court...
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A BMWi car is pictured during the earnings press conference in Munich, Germany, Wednesday, March 20, 2019. (AP Photo/Matthias Schrader)
March 20, 2019 - 6:15 am
FRANKFURT, Germany (AP) — German automaker BMW says its profits this year will be "well below" last year's due to higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates. The Munich-based automaker also said...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 19, 2019 - 11:11 pm
BANGKOK (AP) — Markets in Asia are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-U.S. trade talks also revived caution in Chinese markets. The Shanghai Composite lost 1 percent to 3,059.17 in early trading Wednesday and Hong Kong's Hang Seng...
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An investor plays a mobile chess game while watching stock prices at a brokerage in Beijing, China, Tuesday, March 19, 2019. Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week. (AP Photo/Ng Han Guan)
March 19, 2019 - 7:48 am
LONDON (AP) — Global stock markets recovered their poise Tuesday after a lackluster session in Asia as investors digested the latest bout of Brexit uncertainty and prepared for a key U.S. Federal Reserve meeting. In Europe, France's CAC 40 rose 0.5 percent to 5,440, while Germany's DAX climbed 1...
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