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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

Global stock turn higher as investors watch virus impact

By JOE McDONALD | February 11, 2020

BEIJING (AP) — Global stock markets turned higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak.Indexes in London and Frankfurt advanced in Europe, while Shanghai, Hong Kong and Seoul closed higher. Tokyo fell for...

S&P 500 slips for first time this week as momentum stalls

By ALEX VEIGA and STAN CHOE | February 7, 2020

Wall Street closed out the market’s best week in eight months Friday with a broad slide as technology and health care stocks gave back some of their recent gains.The pullback, which followed a sell-off in markets around the world, snapped a four-day...

World stock markets retreat ahead of US jobs report

By JOE McDONALD | February 7, 2020

Global stock markets retreated Friday ahead of the monthly U.S. jobs report and after France and Germany reported weak factory data.Investors also continued to monitor the impact on businesses of the virus outbreak in China.Germany's DAX lost 0.6% to...

Asian stock markets retreat after surge on China tariff cut

By JOE McDONALD | February 6, 2020

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports.Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. Major Asian markets jumped more than 2% on Thursday after...

Virginia lawmakers pass protections for LGBTQ people

By SARAH RANKIN | February 6, 2020

RICHMOND, Va. (AP) — Virginia lawmakers passed comprehensive anti-discrimination legislation Thursday that advocates said makes the state the first in the South to enact such protections for LGBTQ people.The measures advanced on bipartisan votes, 59-35...

Twitter shares jump on rise in user numbers, revenue

By The Associated Press | February 6, 2020

Shares in Twitter jumped Thursday after the social media company said revenue and user numbers exceeded forecasts in the latest quarter, though profit fell as expenses rose.The San Francisco-based tech company said that fourth-quarter net income fell...

Global stocks surge after Trump acquitted, China virus aid

By JOE McDONALD | February 6, 2020

Global stocks rose Thursday after U.S. President Donald Trump was acquitted in an impeachment trial and China cut tariffs on U.S. imports and provided aid to businesses reeling from a virus outbreak.European markets were up modestly, while Tokyo, Hong...

Disconnect? Stocks rise despite fears over virus from China

By STAN CHOE, CARLA K. JOHNSON, and MARIA CHENG | February 5, 2020

NEW YORK (AP) — The virus outbreak out of China has exposed a seeming disconnect between the financial markets and science.Health experts don't know how far the virus will spread and how bad the crisis will get, yet stocks are rallying as if investors...

Text of President Trump’s 2020 State of the Union address

February 4, 2020

WASHINGTON (AP) — Text of President Donald Trump's 2020 State of the Union address, as provided by the White House:Madam Speaker, Mr. Vice President, Members of Congress, the First Lady of the United States, and my fellow citizens:Three years ago, we...

Asian shares up on China efforts despite virus worries

By YURI KAGEYAMA | February 4, 2020

TOKYO (AP) — Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak.Japan's benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia's S&P/ASX...

World shares rise, Shanghai up 1.3%, as China boosts market

By ELAINE KURTENBACH | February 4, 2020

BANGKOK (AP) — Global stocks rallied Tuesday and Wall Street appeared set to open higher after China's central bank provided further support to markets to manage the impact of the virus outbreak.Germany's DAX rose 1.4% to 13,229 while in France the...

Asia shares gain, Shanghai up slightly after Wall St rebound

By ELAINE KURTENBACH | February 3, 2020

BANGKOK (AP) — Shares advanced in Asia on Tuesday, with the Shanghai Composite up 0.2% after a rebound on Wall Street overnight.Markets were still far from giving the all-clear on the virus outbreak that has spread to more than 20 countries and killed...