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Northern Star

Northern Illinois University’s student news organization since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Asian stocks mixed after Wall Street rises to record

By YURI KAGEYAMA | February 19, 2020

TOKYO (AP) — Shares were mixed Thursday in Asia after Wall Street recovered to record highs, but worries persist about damage to the regional economy from the new virus that began in China.Japan's benchmark Nikkei 225 gained 0.3% to 23,474.78, shedding...

How major US stock indexes fared Wednesday

By The Associated Press | February 19, 2020

The S&P 500 returned to a record Wednesday, and technology stocks once again helped lead the market higher. Apple rallied to recover most of its loss from the prior day, triggered by a revenue warning due to the viral outbreak centered in China.Worries...

Steyer cites ‘racist’ Bloomberg tactics in Super Tuesday ad

By MEG KINNARD | February 19, 2020

COLUMBIA, S.C. (AP) — In a billionaire-to-billionaire media matchup, Tom Steyer is taking on Mike Bloomberg in a multimillion-dollar Super Tuesday ad buy, accusing the former New York City mayor of “racist” policies including “redlining” and...

Global shares mostly rise but virus fears continue

By YURI KAGEYAMA | February 19, 2020

TOKYO (AP) — Globalshares mostly rose Wednesday though investors continued to monitor the impact of the outbreak of a new virus that began in China.France's CAC 40 rose 0.6% to 6,093, while Germany's DAX gained 0.5% to 13,745. Britain's FTSE 100 gained...

Asian shares mostly rise despite continuing virus fears

By YURI KAGEYAMA | February 18, 2020

TOKYO (AP) — Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an outbreak of a new virus that began in China.The Nikkei 225 rose 1.1% in morning trading to 23,453.59 after data for January showed...

How major US stock indexes fared Tuesday

By The Associated Press | February 18, 2020

Major U.S. stock indexes closed mostly lower Tuesday, erasing some of the market's gains from the past two weeks.Banks and technology stocks accounted for most of the decline. The Nasdaq eked out a tiny gain that was good enough to nudge it to another...

Shares take hit as virus outbreak slams profits, events

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the...

China virus outbreak chilling recovery for Asian economies

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back...

Shares fall in Asia as virus outbreak hits profits, events

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — Shares slipped in Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to postpone or cancel major events including the Beijing...

Bloomberg takes veiled swipe at rival’s aggressive loyalists

By ALEXANDRA JAFFE and NICHOLAS RICCARDI | February 17, 2020

CARSON CITY, Nev. (AP) — With the Nevada caucuses less than a week away, Democratic presidential candidates campaigning were fixated on a rival who wasn't contesting the state.Bernie Sanders, Joe Biden, Amy Klobuchar, Elizabeth Warren and Pete Buttigieg...

Asian markets mixed: Japan skids; China helped by rate cut

By ELAINE KURTENBACH | February 16, 2020

BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to...

How major US stock indexes fared Friday

By The Associated Press | February 14, 2020

Stock indexes finished mostly higher on Wall Street Friday as technology, real estate and utilities companies outweighed losses elsewhere in the market.The major indexes finished with their second straight weekly gain. Bond yields fell and the price of...