Financial markets

FILE - In this Thursday, Oct. 8, 2015 file photo, Tyler Winklevoss, left, and Cameron Winklevoss, founders of Gemini Trust Co., appear on the Fox Business Network, in New York. Tyler and Cameron Winklevoss are once again seeing Mark Zuckerberg steal their thunder with Facebook’s Libra digital currency. (AP Photo/Richard Drew, File)
June 18, 2019 - 6:20 pm
SAN FRANCISCO (AP) — First they accused Mark Zuckerberg of lifting their idea for Facebook. Now, 15 years later, Harvard twins Tyler and Cameron Winklevoss are once again seeing the Facebook CEO steal their thunder. In the intervening years, the Winklevii, as they're frequently known, have been...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 5:17 pm
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than 2 billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-...
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Trader Neil Catania works on the floor of the New York Stock Exchange, Tuesday, June 18, 2019. Stocks are opening higher on Wall Street following big gains in Europe after the head of the European Central Bank said it was ready to cut interest rates and provide more economic stimulus if necessary. (AP Photo/Richard Drew)
June 18, 2019 - 4:48 pm
Potentially encouraging news on trade and interest rates put Wall Street in a buying mood Tuesday, driving the market to solid gains and sending the Dow Jones Industrial Average 350 points higher. Technology stocks powered much of the rally as investors welcomed news that the leaders of the U.S...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 2:33 pm
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 2:30 p.m. One regulatory expert believes Facebook's new currency will "almost surely" fall under new U.S. regulation adopted in the wake of the 2008 financial crisis. Karen Shaw Petrou, managing partner of Federal...
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FILE - In this Thursday, May 16, 2019 file photo, European Central Bank President Mario Draghi arrives for a meeting of Eurogroup Finance Ministers at the European Council headquarters in Brussels. The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday June 18, 2019, in a speech at an ECB conference in Sintra, Portugal. (AP Photo/Francisco Seco, File)
June 18, 2019 - 12:40 pm
FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that...
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A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, June 18, 2019. Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. (AP Photo/Koji Sasahara)
June 18, 2019 - 7:53 am
SINGAPORE (AP) — Global shares rose Tuesday after the president of the European Central Bank said it was ready to cut interest rates and provide stimulus if the economy needed it. Traders also focused on upcoming rate decisions by the U.S. Federal Reserve and the British and Japanese central banks...
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FILE - In this May 29, 2019, file photo, a man watches an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Stocks in Asia advanced on Tuesday, June 18, 2019, ahead of interest rate decisions by the U.S. Federal Reserve and other central banks.(AP Photo/Eugene Hoshiko, File)
June 17, 2019 - 11:42 pm
SINGAPORE (AP) — Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. The Kospi in South Korea gained 0.5% to 2,101.43, and Hong Kong's Hang Seng picked up 0.9% to 27,471.19. The Shanghai Composite index jumped 0.2% to 2,892.53...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 17, 2019. Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. (AP Photo/Eugene Hoshiko)
June 17, 2019 - 8:14 am
LONDON (AP) — Global stock markets traded in fairly narrow ranges Monday as investors awaited a run of interest rate decisions, notably from the U.S. Federal Reserve, and more clarity over the trade dispute between the U.S. and China. The week will likely be dominated by central banks with those...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 17, 2019. Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. (AP Photo/Eugene Hoshiko)
June 16, 2019 - 11:35 pm
TOKYO (AP) — Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. Japan's benchmark Nikkei 225 gained 0.3% to 21,170.63 in morning trading. Australia's S&P/ASX 200 lost 0.3% to 6,535.50, while...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 5:01 pm
NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and...
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