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Stocks rally, but still mark their 6th straight losing week
Read full article: Stocks rally, but still mark their 6th straight losing weekStocks ended another bumpy week with a gain Friday, but not enough to keep the market from lodging its sixth weekly drop in a row, the longest such streak since 2011.
Asian stocks higher after Wall St. rises to new record
Read full article: Asian stocks higher after Wall St. rises to new recordAsian stocks were mostly higher Tuesday after Wall St. rose to a new record. (AP Photo/Lee Jin-man)TOKYO – Asian stocks were mostly higher Tuesday after Wall St. rose to a new record. Shanghai, Tokyo and Seoul rose while Hong Kong declined. Overnight, Wall Street’s benchmark S&P 500 index closed 0.7% higher. The Shanghai Composite Index gained 0.7% to 3,558.63 and the Nikkei 225 in Tokyo rose 0.4% to 29,497.51.
Asian stocks mixed after Wall St rally ahead of US debate
Read full article: Asian stocks mixed after Wall St rally ahead of US debateAsian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. (AP Photo/Ahn Young-joon)TOKYO – Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. Overnight, Wall Street's benchmark S&P 500 index gained 1.6%, led by big tech stocks. “With a reasonable polling lead, one could argue that Joe Biden has more to lose here than President Trump,” said Carnell. He said with some potential for gaffes or other colorful moments, the debate might be “cringe-worthy but unlikely to deliver an electoral car-crash for either side.”On Wall Street, the S&P 500 rose to 3,351.60.
Gap stocks soar 36% after announcement the brand will sell Kanye Wests Yeezy line
Read full article: Gap stocks soar 36% after announcement the brand will sell Kanye Wests Yeezy lineNow, almost three decades and 140 million record sales later, West could help his old employer survive. Gap announced Friday that it will partner with Yeezy, West's fashion brand, for a new clothing line that will be introduced in the first half of 2021. The Yeezy Gap line will include "modern, elevated basics for men, women and kids at accessible price points." About 90% of the company's 3,900 global stores, which include Old Navy and Banana Republic brands, were temporarily closed starting March 19. He became the first non-athlete to launch a full collaboration with Nike for the original Air Yeezy sneakers in 2009, and the brands sneakers often go for several hundred dollars.