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Zimo Zhong

Zimo Zhong

Correspondent at Associated Press Online

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Influence score
62
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Location
United States
Languages
  • English
Covering topics
  • Business
  • Finance & Banking Services

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Recent Articles

apnews.com

Stock market today: Asian shares mixed after Wall Street’s lull stretches to a 2nd day

U.S. stocks are drifting as Wall Street remains in a lull. The S&P 500 was virtually unchanged Wednesday after a big three-day winning streak gave way to a tiny gain the prior day. The Dow Jones Industrial Average was up by 49 points, and the Nasdaq composite was basically flat. Treasury yields were mixed in the bond market. Uber Technologies slumped after reporting worse results for the latest quarter than analysts expected. Shopify tumbled after giving a forecast for slowing revenue growth. Ly…
11 months ago
apnews.com

Stock market today: Asian markets follow Wall Street higher ahead o...

Stocks edged higher on Wall Street, putting the market a bit closer to the record high it set in late March. The S&P 500 edged up 0.1%, adding to its gains for May following a dismal April. The Dow Jones Industrial Average was up 83 points, and the Nasdaq composite was up 0.2%. Several “meme” stocks were racing higher again including GameStop and AMC Entertainment in a reprise of the social-media driven frenzy of three years ago. Treasury yields edged lower following a mixed report on wholesale…
11 months ago
apnews.com

Stock market today: Asian shares mostly higher after Wall Street se...

Asian markets are mixed in quiet trading, with most of the regions’ benchmarks inching higher after U.S. stocks hit new record highs. U.S. futures rose while oil prices slipped. Tokyo’s Nikkei 225 fell after Japan reported that its trade deficit rose last month as rising costs for imports outpaced an 8% rise in exports from the year before. On Tuesday, the S&P 500 rose 0.3% to surpass its record set last week. The Nasdaq composite added 0.2%, a day after setting its latest all-time high. The Dow…
11 months ago
apnews.com

Stock market today: Asian stocks rise after Wall Street barrels to ...

Asian stocks are higher after Wall Street barreled to new records as the frenzy around artificial-intelligence technology kept sending stocks higher. U.S. futures and oil prices rose. On Wednesday, the S&P 500 jumped 1.2% to beat its record set two weeks ago. The Nasdaq composite rallied even more, 2%, to set its own all-time high. The Dow Jones Industrial Average, which has less of an emphasis on tech, lagged the market with a gain of 0.2%. The rally sent the total market value of Nvidia, which…
10 months ago
apnews.com

Stock market today: Asian stocks are mixed ahead of key U.S. jobs data

U.S. stocks are drifting as Wall Street’s momentum cools following its latest record-setting day. The S&P 500 slipped 0.1% Thursday, a day after setting an all-time high for the 25th time this year. The Dow Jones Industrial Average rose 63 points, and the Nasdaq composite dipped 0.2% after setting its own record. Several retailers fell after detailing more struggles for lower-income customers. Nvidia’s stock swung to a loss a day after its total value topped $3 trillion for the first time. Europ…
10 months ago
apnews.com

Stock market today: Asian stocks are mixed ahead of this week’s Fed...

Wall Street ticked lower ahead of the latest Federal Reserve policy decision and a slew of new inflation data. Futures for the S&P 500 fell less than 0.1%, while futures for the Dow Jones Industrial Average edged down 0.1% before the bell Monday. The Fed’s latest interest rate policy decision comes after the U.S. central bank wraps up its two-day meeting on Wednesday. Most expect the Fed to leave its benchmark rate alone again, with inflation remaining sticky. Apple is expected to announce its m…
10 months ago
apnews.com

Stock market today: Asian stocks are mixed after Wall Street edges ...

U.S. stocks are drifting around their records following the latest signal that the economy’s growth may be slowing without cratering, as hoped. The S&P 500 was virtually unchanged Tuesday, a day after setting a record for the 30th time this year. The Dow Jones Industrial Average was down 21 points, and the Nasdaq composite was 0.2% lower. Treasury yields fell in the bond market after a report showed sales at U.S. retailers returned to growth last month but remained below economists’ expectations…
10 months ago
apnews.com

Stock market today: Global stocks are mixed after Wall Street edges...

Global stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession. U.S. futures were mixed and oil prices fell. U.K.’s benchmarks fell after data showed the country’s inflation in May fell to its 2% target for the first time in nearly three years. On Tuesday, the S&P 500 rose 0.3% to hit another all-time high. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite edged to another…
10 months ago
apnews.com

Stock market today: Asian stocks follow Wall Street rise, but Nvidi...

U.S. stock indexes are drifting in mixed trading as Nvidia regresses a bit more. The S&P 500 was flat Monday and still hanging near its record set last week. The Dow Jones Industrial Average was up 68 points, and the Nasdaq composite was down 0.2%. Nvidia is on track for a third straight loss and has been pulling back since it briefly overtook Microsoft to become Wall Street’s most valuable company last week. The chip company is coming off its first losing week in the last nine, and it was by fa…
10 months ago
apnews.com

Stock market today: Asian shares are mixed after gains on Wall Street

U.S. stocks are drifting after the French market roared higher as elections continue to drive swings in financial markets worldwide. The S&P 500 rose 0.1% Monday as it kicked off a short, four-day trading week. The Dow Jones Industrial Average added 187 points, and the Nasdaq composite was flat. Some of the world’s strongest action was in Paris, where stocks jumped nearly 2%. Results suggested a far-right French political party may not win a decisive majority in the country’s legislative electio…
9 months ago
apnews.com

Stock market today: Asian stocks mixed amid volatile yen after Wall...

Most U.S. stocks are rising after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. Four out of every five stocks in the S&P 500 were climbing Thursday, and homebuilders, real-estate owners and other stocks that tend to benefit the most from easier interest rates led the way. But modest dips for Microsoft and some other influential companies masked the underlying strength. That dragged the S&P 500 down 0.5%, while the Nasda…
9 months ago