Financial markets

FILE - This July 16, 2013, file photo, shows a Wall Street street sign outside the New York Stock Exchange. Stock markets are mostly higher on Monday, Dec. 11, 2017, as upbeat U.S. jobs data from a week earlier and signs of progress in the Brexit talks continued to support investor sentiment. (AP Photo/Mark Lennihan, File)
July 13, 2017 - 4:57 pm
Banks and technology companies led U.S. stocks to modest gains Thursday, pushing the Dow Jones industrial average to its second record close in two days. Big retail chains and other consumer-focused stocks were among the gainers. Energy companies rose as the price of crude oil increased. Phone...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, July 13, 2017. Shares rose in Asia early Thursday following a broad rally on Wall Street that nudged the Dow Jones industrial average to a new high after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains below its target level. (AP Photo/Eugene Hoshiko)
July 13, 2017 - 4:10 am
TOKYO (AP) — Shares edged higher in early European trading Thursday, tracking gains in Asia after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains below its target level. Japan's Nikkei 225 was flat as a stronger...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, July 13, 2017. Shares rose in Asia early Thursday following a broad rally on Wall Street that nudged the Dow Jones industrial average to a new high after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains below its target level. (AP Photo/Eugene Hoshiko)
July 12, 2017 - 11:45 pm
TOKYO (AP) — Shares were mostly higher in Asia Thursday following a broad rally on Wall Street that nudged the Dow Jones industrial average to a new high after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains...
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A chart on the impact on jobs by the "Taylor Rule" is projected behind Federal Reserve Chair Janet Yellen as Democratic members of the House Financial Services Committee question her during the committee's hearing on Capitol Hill in Washington, Wednesday, July 12, 2017. (AP Photo/Jacquelyn Martin)
July 12, 2017 - 4:38 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen raised the possibility Wednesday that the Fed would consider slowing the pace of its interest rate increases if inflation remained persistently below its target level. For the moment, Yellen signaled no change in policy, indicating that the three...
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FILE - This is a Thursday, Jan. 26, 2017 file photo of People as they walk past one of the headquarters buildings showing the logo of the Royal Bank of Scotland in London. Royal Bank of Scotland said wednesday july 12, 2017 that it has reached a $5.5 billion settlement in the United States over mortgage-backed securities issued before the financial crisis. (AP Photo/Alastair Grant/File)
July 12, 2017 - 3:59 pm
LONDON (AP) — Royal Bank of Scotland said Wednesday it has reached a $5.5 billion settlement in the United States over the mis-selling of mortgage-backed securities before the financial crisis — a key milestone in the institution's efforts to put its past sins behind it. The deal with the Federal...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen looks at documents while waiting to speak at the Federal Reserve System Community Development Research Conference in Washington. Beginning Wednesday, July 12, 2017, Yellen speaks to Congress about monetary policy and the state of the economy. (AP Photo/Cliff Owen, File)
July 12, 2017 - 8:40 am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year. In her semiannual testimony on the economy, Yellen took note of a...
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A currency trader walks by screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, July 12, 2017. Asian markets were mostly weaker on Wednesday as investors waited for cues from the Federal Reserve chair due to speak before Congress later in the day for clues about outlook of the U.S. monetary policy. (AP Photo/Lee Jin-man)
July 12, 2017 - 8:40 am
SEOUL, South Korea (AP) — Global stocks turned higher on Wednesday, particularly in Europe, as investors eyed U.S. political risks and waited for cues about the direction of monetary policy from the Federal Reserve chair. KEEPING SCORE: Britain's FTSE 100 rose 0.9 percent to 7,391 and France's CAC...
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July 12, 2017 - 5:37 am
LONDON (AP) — Unemployment in Britain fell in May to its lowest level since the mid-1970s, evidence that the labor market is resilient in the face of a wider economic slowdown largely related to uncertainty surrounding the country's upcoming exit from the European Union. The Office for National...
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A currency trader walks by screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, July 12, 2017. Asian markets were mostly weaker on Wednesday as investors waited for cues from the Federal Reserve chair due to speak before Congress later in the day for clues about outlook of the U.S. monetary policy. (AP Photo/Lee Jin-man)
July 12, 2017 - 5:33 am
SEOUL, South Korea (AP) — Global shares were mixed Wednesday, with Europe logging early gains after a lackluster day in Asia, as investors eyed U.S. political risks and waited for cues about the direction of monetary policy from the Federal Reserve chair. KEEPING SCORE: Britain's FTSE 100 rose 0.7...
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July 12, 2017 - 5:10 am
LONDON (AP) — Official figures show that unemployment in Britain has fallen once again as the labor market shows resilience to a slowdown in the wider economy. The Office for National Statistics said Wednesday that the country's unemployment rate between March and May fell to 4.5 percent, down 0.2...
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