Financial markets

A currency trader wears a face mask at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Feb. 24, 2020. (AP Photo/Ahn Young-joon)
SKY News
February 24, 2020 - 7:14 am
BANGKOK (AP) — Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the economic outlook. The decline promises a sharp drop on Wall Street when it opens and...
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FILE - In this Feb. 5, 2020, file photo trader Ashley Lara works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 19. (AP Photo/Richard Drew, File)
SKY News
February 20, 2020 - 7:57 am
TOKYO (AP) — Global shares mostly dipped Thursday as several companies estimated that the outbreak of the new coronavirus in China will weigh on their earnings. France's CAC 40 edged down 0.2% to 6,099 and Germany's DAX fell 0.2% to 13,765. Britain's FTSE 100 was flat at 7,458. Dow and S&P 500...
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Democratic presidential candidate and former New York City Mayor Mike Bloomberg greets supporters after speaking at a campaign event in Raleigh, N.C., Thursday, Feb. 13, 2020. (AP Photo/Gerald Herbert)
SKY News
February 14, 2020 - 7:30 am
WASHINGTON (AP) — Democratic presidential candidates hoping to revive their flagging campaigns increasingly took aim at Mike Bloomberg, blasting their billionaire rival for trying to buy his way into the White House and raising questions about his commitment to racial equality. Struggling to...
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FILE - In this Feb. 3, 2020, photo, Democratic presidential candidate and former New York City Mayor Michael Bloomberg, right, talks with supporters during a campaign stop in Sacramento, Calif. (AP Photo/Rich Pedroncelli)
February 13, 2020 - 11:45 am
WASHINGTON (AP) — At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “redlining” was responsible for instigating the meltdown. “It all started back when there was a lot of pressure on banks to make...
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FILE - In this Feb. 6, 2020, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 12. (AP Photo/Richard Drew, File)
February 12, 2020 - 5:10 pm
Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic...
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Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Jan. 29, 2020. (AP Photo/Manuel Balce Ceneta)
SKY News
January 29, 2020 - 6:04 pm
WASHINGTON (AP) — Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 29, 2020. Shares are mostly higher in Asia after a rebound on Wall Street that reversed most losses from a sell-off the day before. (AP Photo/Ahn Young-joon)
January 29, 2020 - 4:57 am
Shares advanced in most European and Asian markets on Wednesday after a rebound on Wall Street reversed most losses from a sell-off the day before. Hong Kong's Hang Seng dropped 2.8%, to 27,174.43 after its markets reopened from Lunar New Year holidays, while other Chinese markets remained closed...
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Trader Michael Milano works on the floor of the New York Stock Exchange, Tuesday, Jan. 28, 2020. Stocks are opening broadly higher on Wall Street a day after the S&P 500 had its biggest drop since early October. Technology companies were putting up some of the biggest gains early Tuesday. (AP Photo/Richard Drew)
January 28, 2020 - 3:27 pm
Stocks moved broadly higher on Wall Street in afternoon trading Tuesday, reversing most of the indexes' losses from a sell-off the day before. The gains placed the market on track to snap a two-day skid fueled by fears that the spread of a new virus in China could hamper global ecomomic growth. The...
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A reporter and camera operator work on the Senate steps during the first evening of President Donald Trump's impeachment trial January 21, 2020 in Washington, DC.
Getty Images
SKY News
January 22, 2020 - 5:35 am
WASHINGTON (AP) — The U.S. Senate plunged into President Donald Trump’s impeachment trial with Republicans abruptly abandoning plans to cram opening arguments into two days but solidly rejecting Democratic demands for more witnesses to expose what they deem Trump’s “trifecta” of offenses. The...
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FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
SKY News
January 17, 2020 - 4:11 pm
Solid gains in technology and communications stocks pushed major U.S. indexes to more record highs on Wall Street Friday. Chipmaker Qualcomm jumped 4.5% and Google parent company Alphabet rose 2%. Banks also did well, driven by strong results from State Street and Citizens Financial. That came a...
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