Stocks

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WASHINGTON — The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington.

AP Photo/Michael Probst, FILE

Updated 2/1/21, 4:41 p.m.

NEW YORK — The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high.

Kevin Schneider from Pixabay

2020 was a positive year for most major U.S. stock indexes. The Dow Jones Industrial Average was up nearly 7%, while the broader S&P 500 gained nearly 16%. But it was a mixed story for many local companies.

AP Photo/Richard Drew

Updated 3/16/20, 10:45 a.m.

NEW YORK — The U.S. stock market plunged 12% Monday for its worst day in more than three decades as voices from Wall Street to the White House said the coronavirus is likely dragging the economy into a recession.

AP Photo/Richard Drew

Updated 3/12/20, 11:25 a.m.

NEW YORK — The escalating coronavirus emergency sent the stock market Thursday into its worst slide since the Black Monday crash of 1987, extending a sell-off that has now wiped out most of Wall Street's big gains since President Donald Trump took office.

AP Photo/Richard Drew

WASHINGTON — The Federal Reserve moved Thursday to try to ease disruptions in the financial markets stemming from the coronavirus by announcing that it will sharply increase its purchases of short-term Treasury bonds.

AP Photo/Richard Drew

Updated 3/5/20, 11:27 a.m.

NEW YORK — Fear dominated financial markets again on Thursday, and stocks fell sharply on worries about the fast-spreading virus outbreak. It's the latest shudder in Wall Street's wildest week in more than eight years.

Joel Bradshaw / Wikimedia Commons / Public Domain

2019 has been a very strong year for the stock market. The Dow Jones Industrial Average is up more than 17%. And the broader S&P 500 is even higher — up more than 26% at Monday’s close. We’re taking a look at how some local publicly-held companies have done this year.

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These are volatile times for China’s stock market. The first trading day of the week saw the biggest gains for the Shanghai Composite Index in more than two and a half years. On Tuesday, the market plunged. And over the past year, the market is still one of the worst performers in the world.

Wikimedia Commons

2017 was a strong year for the U.S. stock market. The Dow Jones Industrial Average gained about 25 percent, while the broader S&P 500 was up about 20 percent. Here in Hawai‘i, it was a bit more of a mixed story for locally-based public companies. HPR’s Bill Dorman takes a look at how some of those local companies are set for the new year.

Pixabay
Pixabay

Most stock markets around the world turned in strong performances for 2017. And that's true for the major markets of the Asia Pacific. HPR's Bill Dorman has some regional highlights in today's Asia Minute.

Daniel Ramirez / Flickr
Daniel Ramirez / Flickr

Hawai‘i’s banks made the news late this year because of some pay adjustments. The top five banks in the state are giving their employees bonuses of a thousand dollars or more—and boosting their minimum wages to at least 15 dollars an hour. But for shareholders, it’s a different story. HPR’s Bill Dorman has more on the year in Hawai‘i’s financial stocks.

Wikipedia
Wikipedia

The money troubles of Greece are dominating business news headlines around the world. They’re also the primary focus for many financial markets. But in Asia, there’s one notable exception. HPR’s Bill Dorman has more in today’s Asia Minute.

The Shanghai Composite Index closed trading Monday in bear market territory.

That means its fallen twenty percent from its peak—which it reached only on June 12th.

Even a surprise weekend rate cut by China’s central bank didn’t help.