106.3 WORD TRAFFIC

Currency markets

A woman wearing a protective face mask walks by the investment icon bull statue on display outside a bank in Beijing, Tuesday, March 10, 2020. Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain of the virus outbreak. (AP Photo/Andy Wong)
March 10, 2020 - 7:42 am

Global markets pick up after plunge on virus, oil

BEIJING (AP) — Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak. Oil prices also recovered some of their losses in Monday's...
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A woman's image is reflected in the window at the Australian Stock Exchange in Sydney, Monday, March 9, 2020. Asian stock markets plunged Monday after oil prices nosedived on worries a global economy weakened by a virus outbreak might be awash in too much crude. (AP Photo/Rick Rycroft)
March 09, 2020 - 8:21 am

Stocks, oil plunge over global fight for crude production

BEIJING (AP) — Global stock markets and oil prices plunged Monday after a fight among major crude-producing nations jolted investors who already were on edge about the surging costs of a virus outbreak. The main stock indexes in Britain and Germany were down by almost 7%. Japan's benchmark closed...
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A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, March 6, 2020. Asian shares are falling as fears about the virus outbreak once again dominate financial markets. (AP Photo/Kin Cheung)
March 06, 2020 - 7:30 am

Global markets slide further on pessimism over virus impact

TOKYO (AP) — World stocks and the price of oil dropped sharply again Friday as pessimism prevailed over hopes for central bank action to counter the economic disruption from the virus outbreak. Rumors that Chinese officials might be overstating the extent to which local businesses are getting back...
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A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, March 6, 2020. Asian shares are falling as fears about the virus outbreak once again dominate financial markets. (AP Photo/Kin Cheung)
March 05, 2020 - 11:12 pm

Asian shares drop as virus fears grip markets again

TOKYO (AP) — Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan's benchmark Nikkei dived 3.1% to 20,663.32. Australia's S&P/ASX 200 lost 2.1% to 6,259.20. South Korea's Kospi dropped 2.3% to 2,037.08. Hong Kong's Hang Seng declined 2.1%...
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A currency trader wearing a face mask watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, March 5, 2020. Asian shares rose Thursday, taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its effects on the economy.(AP Photo/Ahn Young-joon)
March 04, 2020 - 11:39 pm

Asian shares rise following stimulus-led surge on Wall St

TOKYO (AP) — Asian shares rose Thursday, taking their cue from a surge on Wall Street as governments and central banks took more aggressive measures to fight the virus outbreak and its economic impact. Japan's benchmark Nikkei 225 rose 0.8% to 21,262.49. Australia's S&P/ASX 200 added 1% to 6,...
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A woman wearing a mask stands near bull sculptures depicting prosperity along a retail street in Beijing on Tuesday, March 3, 2020. Asian shares rose Tuesday amid hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak. (AP Photo/Ng Han Guan)
March 03, 2020 - 8:24 am

Stocks shed some gains after G-7 holds off new stimulus

LONDON (AP) — Stock markets shed some gains Tuesday after the Group of Seven countries held off announcing new measures to help the global economy cope with the disruption from the coronavirus outbreak. Traders had been keenly awaiting the outcome of a conference call of central bankers and finance...
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A pair of specialists prepare for the day's trading activity on the floor of the New York Stock Exchange, Monday, March 2, 2020. Wall Street is set to post more losses at the opening bell, coming on top of last week's drop, which was the worst since the global financial markets over a decade ago. (AP Photo/Richard Drew)
March 02, 2020 - 5:37 pm

Dow surges 5% on hopes for central bank help on the economy

The Dow Jones Industrial Average soared nearly 1,300 points, or 5%, Monday as stocks roared back from a seven-day rout on hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak. The huge gains clawed back some of the ground lost last week...
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A woman walks past an electronic board showing world currency exchange rates at a securities firm in Tokyo Monday, March 2, 2020. Share prices have charged back from their retreat last week, with mainland Chinese indexes gaining 3% as data showed progress in restoring factory output after weeks of disruptions from the viral outbreak. (AP Photo/Eugene Hoshiko)
March 02, 2020 - 7:55 am

Market mood turns sour over virus after temporary relief

LONDON (AP) — Mounting concerns about the economic impact of the new coronavirus outbreak saw gains in European stock markets wiped out Monday despite hopes of stimulus measures from major central banks. Wall Street was set to post more losses at the opening bell, coming on top of last week's drop...
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Trader Fred DeMarco works on the floor of the New York Stock Exchange, Friday, Feb. 28, 2020. Global stock markets are falling further on spreading virus fears. (AP Photo/Richard Drew)
February 28, 2020 - 6:18 pm

Wall Street has worst week since 2008 as S&P 500 drops 11.5%

Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis. The damage from the week of relentless selling was eye-popping: The Dow Jones Industrial Average...
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A man wearing a face mask walks past statues of bulls in Beijing, Friday, Feb. 28, 2020. Asian stock markets fell further Friday on spreading virus fears, deepening an global rout after Wall Street endured its biggest one-day drop in nine years. (AP Photo/Mark Schiefelbein)
February 28, 2020 - 7:50 am

Global stocks fall again on fear of virus impact on economy

Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes set to close out their worst week since the depths of the financial crisis in 2008. Germany's DAX skidded as much as 5% before stabilizing, Tokyo and Shanghai closed 3.7% lower...
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