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Global shares surge, echoing a rally on Wall Street as oil prices sank back to about $90
TOKYO (AP) — Global shares rebounded Tuesday from their sharp declines a day before as global investors wagered that the war with Iran may not last too long.But the gains fell far short of losses Monday, when oil prices neared $120 per barrel before falling back to about $90. U.S. shares were set to rise, with Dow futures up 0.4% at 47,970.00. S&P 500 futures rose 0.4% to 6,830.75.
Helping to assuage investors' fears, U.S. President Donald Trump told CBS News he thinks “the war is very complete, pretty much.” He also made other comments that seemed to threaten... Read More
Iran launches new attacks at Israel and Gulf countries as it keeps up pressure on the Middle East
DUBAI, United Arab Emirates (AP) — Iran launched new attacks on Tuesday at Israel and Gulf Arab countries as it kept up pressure on the Middle East in a war that has sent oil prices surging and stunned global economies. Five pro-Iranian militiamen were killed in an airstrike in northern Iraq.Incoming missile sirens sounded early in the morning in Dubai in the United Arab Emirates, and in Bahrain, while Saudi Arabia said it had destroyed two drones over its oil-rich eastern region and Kuwait's National Guard said it had shot down six drones.
Sirens sounded in... Read More
The Latest: Iran launches drones at Saudi Arabia and Kuwait as US president sends mixed messages
Iranian fired drones towards Saudi Arabia and Kuwait early Tuesday as U.S. President Donald Trump sent contradictory signals about how long the war could last, fueling uncertainty that’s causing markets to swing.The Saudi Defense Ministry said it has destroyed drones over the kingdom’s oil-rich eastern region, while in Kuwait, the National Guard said it shot some down in the county’s northern and southern areas.
Iran’s latest attacks on neighboring Gulf States come as Trump late Monday told Republican lawmakers that the war was likely to be a “short... Read More
Champions League: Barcelona travels to Newcastle as round of 16 gets underway
Barcelona faces Newcastle as the Champions League round of 16 gets underway on Tuesday.The Spanish champions travel to St James' Park for the first leg, with coach Hansi Flick leaving his players in no doubt about what's at stake.
“It’s one of the most important moments of the season and we are all ready for it,” he said.
Five-time European champion Barcelona hasn't won the Champions League since 2015 and has had to watch on as its fiercest rival Real Madrid has dominated the competition.
Flick delivered the Spanish title last season, but... Read More
China's exports surge in Jan-Feb despite waning trade with the US
HONG KONG (AP) — China's exports jumped nearly 22% in the first two months of the year from a year earlier, powered by a surge in shipments of computer chips, autos and electronics.The export figures released by China’s customs agency on Tuesday were much better than economists had forecast. They far exceeded the 6.6% annual pace of growth recorded in December.
Shipments to the U.S. fell 11% in January and February, narrowing from a 30% drop in December. Exports to the European Union increased almost 28% while those to Latin America climbed 16%.
Exports... Read More
Top Stories
- Global shares surge, echoing a rally on Wall Street as oil prices sank back to about $90
- Iran launches new attacks at Israel and Gulf countries as it keeps up pressure on the Middle East
- FAA briefly grounds all JetBlue flights after request from airline
- China's exports surge in Jan-Feb despite waning trade with the US
- War with Iran delivers another shock to the global economy
- 15 years after Fukushima meltdown, an innkeeper makes radiation surveys to revitalize her hometown
- FBI hunts for clues after 2 men charged with lighting bombs at NYC protest
- Georgia voters choosing a successor to Marjorie Taylor Greene in US House
- In a time of war with Iran, Americans unite in aggravation over sticker shock at the gas pump
- Europe rallies around Cyprus days after the Iran war's first drone attack on EU territory
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Entertainment
- White House war promo videos marry action movies, sports and video games to real-life combat footage
- Margot Robbie, Oprah watch Blazy transform Chanel with color and craft
- Tommy DeCarlo, who became longtime singer of Boston after a Myspace tribute, dies at 60
- Multiple gunshots fired near Rihannaâs LA home and a woman is taken into custody
Sports
- Champions League: Barcelona travels to Newcastle as round of 16 gets underway
- Aaron Judge and Roman Anthony homer as US tops Jarren Duran and Mexico 5-3 in WBC
- Shai Gilgeous-Alexander ties Wilt's record and hits winning 3 as Thunder beat Nuggets 129-126
- Australia grants asylum to 5 members of the Iranian women's soccer team