Financial markets

FILE — In this Thursday, June 20, 2019 file photo, South African President Cyril Ramaphosa delivers his State of the Nation Address in parliament in Cape Town, South Africa. Ramaphosa announced Thursday, Oct. 15, 2020 that his government will be extending relief measures to the country's poor who have been hurt by the economic downturn caused by COVID-19. (Rodger Bosch/Pool Photo via AP, FILE)
October 15, 2020 - 9:31 am
JOHANNESBURG (AP) — South African President Cyril Ramaphosa announced Thursday that his government will extend relief grants to 6 million of the country’s unemployed who have been hurt by the economic downturn caused by the COVID-19 outbreak. Ramaphosa, delivering an economic recovery plan to...
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FILE - In this Monday, March 16, 2020, file photo, trader Peter Tuchman works on the floor of the New York Stock Exchange. The 2020 presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones. History shows the stock market’s performance doesn’t correlate that closely with which party controls the White House: It tends to rise following elections regardless of who wins. (AP Photo/Craig Ruttle, File)
October 15, 2020 - 8:38 am
NEW YORK (AP) — This presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones. History shows the stock market’s performance doesn’t correlate that closely with which party controls the White House: It tends to rise following...
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FILE - In this Friday, Oct. 2, 2020 file photo, pedestrians pass the New York Stock Exchange, in New York. Stocks are pulling slightly higher in the early going on Wall Street, Wednesday, Oct. 14, as investors pore over another batch of earnings reports from big U.S. companies. The S&P 500 added 0.3% in early trading Wednesday. A loss in the index a day earlier broke a four-day winning streak. (AP Photo/John Minchillo, File)
October 15, 2020 - 7:22 am
Stocks are falling on Wall Street in early trading Thursday, extending the market's pullback this week as optimism that Congress will deliver another round of stimulus for the economy wanes and new data show another weekly surge in the number of Americans seeking unemployment aid. The S&P 500...
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FILE - In this Wednesday, Sept. 2, 2020, file photo, passers-by walk past a business storefront with store closing and sale signs in Dedham, Mass. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020, that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Steven Senne, File)
Associated Press
October 15, 2020 - 5:44 am
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago. Thursday’s report from the Labor Department...
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FILE - In this Friday, Oct. 2, 2020 file photo, pedestrians pass the New York Stock Exchange, in New York. Stocks are pulling slightly higher in the early going on Wall Street, Wednesday, Oct. 14, as investors pore over another batch of earnings reports from big U.S. companies. The S&P 500 added 0.3% in early trading Wednesday. A loss in the index a day earlier broke a four-day winning streak. (AP Photo/John Minchillo, File)
October 14, 2020 - 1:48 pm
Stocks gave up early gains and closed lower Wednesday, adding to Wall Street's losses from a day earlier. The S&P 500 fell 0.7% after spending the morning swaying between small gains and losses. Companies that rely on consumer spending, banks and technology and communication stocks bore the...
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Lebanese soldiers stand guard as U.N. peacekeeping vehicles enter the headquarters of the U.N. peacekeeping force in the southern Lebanese border town of Naqoura, Lebanon, Wednesday, Oct. 14, 2020. Lebanon and Israel are to begin Wednesday indirect talks over the disputed maritime border between the two countries in the presence of American officials who are mediating between the Middle Eastern nations. (AP Photo/Bilal Hussein)
October 13, 2020 - 11:23 pm
NAQOURA, Lebanon (AP) — Lebanon and Israel are to begin indirect talks Wednesday over their disputed maritime border, with American officials mediating the talks that both sides insist are purely technical and not a sign of any normalization of ties. The U.S. has been mediating the issue for about...
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FILE - In this Monday, Sept. 21, 2020, file photo, the Wall Street sign is framed by a giant American flag hanging on the New York Stock Exchange. Stocks are edging lower on Wall Street in early trading, Tuesday, Oct. 13, 2020, as the market cools off following a four-day rally. (AP Photo/Mary Altaffer, File)
October 13, 2020 - 11:53 am
Stocks are moving broadly lower on Wall Street Tuesday, on pace to give up some of their recent gains as earnings reporting season gets underway for big companies. The S&P 500 was down 0.8% in afternoon trading, giving back about half the gains from a day earlier, when another surge by Big Tech...
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FILE - In this Oct. 2, 2014, file photo, a statue of President George Washington on the steps of Federal Hall faces the facade of the New York Stock Exchange. Wall Street is pushing higher on Monday, Oct. 12, 2020, and tacking more gains onto last week’s rally, its best in more than three months. (AP Photo/Richard Drew, File)
October 12, 2020 - 1:35 pm
Stocks marched higher again on Monday, as Wall Street extended its gains from last week's rally, the market's best in three months. The S&P 500 rose 1.6%, following up on strengthening in stock markets around the world. Big Tech stocks, including Apple and Microsoft, powered much of the gains...
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People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Oct. 12, 2020. Asian shares are mostly higher in muted trading on Monday, as worries about the pandemic keep optimism in check, despite the rally that closed out last week on Wall Street. (AP Photo/Vincent Yu)
October 11, 2020 - 8:41 pm
TOKYO (AP) — Asian shares were mostly higher in muted trading Monday, as worries about the pandemic kept optimism in check despite a rally that closed out last week on Wall Street. Investors growing wary over upcoming earnings reports have been cashing in recent gains, helping pull Japanese shares...
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FILE - In this June 15, 2015, file photo, a Saudi man walks through the Tadawul stock exchange in Riyadh, Saudi Arabia. Saudi Arabia's National Commercial Bank said Sunday, Oct. 11, 2020, it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. (AP Photo/Hasan Jamali, File)
October 11, 2020 - 8:25 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. The bank will control some $223 billion in assets and a market...
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