|Day's Range||2,802.49 - 2,827.95|
|52 Week Range||2,417.35 - 2,872.87|
Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in afternoon trading.
TOKYO (AP) — Asian shares fell Thursday after deepening worries about global economic growth, particularly in China, set off a rout on Wall Street.
Equities and commodity prices continued to lose ground in early Asia-Pacific trading on Thursday after risk appetite weakened on Wednesday — in spite of a further recovery for the Turkish lira — amid mounting worries about Chinese growth and broad fears over emerging market currencies. The collapse in metals prices “ignited a wave of selling” across the commodity complex, ANZ analysts said, noting a 1.6 per cent fall for the bank’s China commodity index. Several Chinese commodities prices fell on Thursday, with iron ore futures tumbling further from a recent peak amid fears about China’s growth.
Asia-Pacific’s major stock markets moved lower on Thursday as investors’ risk appetite continued to weaken after a poor lead from Wall Street. After a choppy morning session, China-focused stocks were ...
* China announces new round of trade talks with U.S. TOKYO, Aug 16 (Reuters) - Asian shares pulled away from one-year lows on Thursday, after Beijing said it will hold trade talks with Washington this month, although Turkey's currency crisis and fears of an economic slowdown in China kept most markets in the red. China on Thursday said a delegation led by its vice commerce minister would travel to the United States for talks in late August at the invitation of Washington.
U.S. stocks tumbled Wednesday in a broad selloff led by the energy and materials sectors, as the Dow Jones Industrial Average and S&P 500 posted their fifth decline in the past six sessions. After mostly rising to start the month on the back of strong corporate-earnings reports, U.S. stocks have been pressured in recent sessions as investors worry that Turkey’s economic crisis could spread to other emerging markets. Some investors expect steady U.S. earnings and economic growth to continue supporting major indexes, but analysts say the market is starting to pay more attention to the challenges gripping other countries.
The Dow Jones Industrial Average notches a dubious distinction on Wednesday, as U.S. equity benchmarks fell firmly lower.
Japan’s Topix share index fell to its lowest since late March and commodity prices continued to lose ground following weak sentiment on Wall Street amid rising fears over Chinese growth and emerging markets ...
The Dow Jones Industrial Average (DJIA) the S&P 500 index (SPX)and the Nasdaq Composite Index (COMP)all finished solidly lower on Wednesday, with the equity benchmarks wallowing in a resumption of their hand-wringing over the health of Turkey’s economy as the Turkish lira (USDTRY)even as the currency notched some hard-fought gains against the U.S. dollar (DXY)after a withering few days.
With international markets upended, investors look to the U.S. as a secure investment. Yahoo Finance's Seana Smith, Andy Serwer, Dan Roberts and Emily Roland, Head of Capital Markets Research - John Hancock Investments - discuss.
Turkey is cracking down on US cars and alcohol, as part of new tariffs aimed at the Trump administration. Yahoo Finance’s Alexis Christoforous, Dion Rabouin, and Dan Roberts have more.