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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 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...

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...

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...

Stocks sink on fears virus outbreak will dent global economy

By ALEX VEIGA | January 31, 2020

Stocks fell sharply on Wall Street Friday as fears spread through the markets that a virus outbreak emanating from China will dent global growth.The Dow Jones Industrial Average skidded more than 600 points and the S&P 500 index erased its gains for...

Stocks drop again after virus declared global emergency

By ELAINE KURTENBACH | January 31, 2020

Stock markets turned lower again on Friday after world health authorities declared the virus pandemic that has spread from China to more than a dozen countries a global emergency.Germany's DAX fell 0.3% to 13,116 and the CAC 40 in Paris shed 0.4% to 5,848...

Asia shares mixed as WHO says China virus a global emergency

By ELAINE KURTENBACH | January 30, 2020

Shares were mixed in Asia after the World Health Organization declared the outbreak of a new virus that has spread from China to more than a dozen countries a global emergency.Markets in mainland China remained closed as the U.S. warned against all travel...

World markets tumble as fears over virus outbreak spread

By ELAINE KURTENBACH | January 30, 2020

Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread.Taiwan's benchmark dived 5.8% as its market reopened after the Lunar...

Asian markets tumble as fears over virus outbreak spread

By ELAINE KURTENBACH | January 29, 2020

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.Taiwan's benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan's Nikkei 225 index sank 1.9% to 22,935.20, while Hong Kong's Hang...