Financial Market News

Here are the issues at stake: In 1998, Argentina fell into recession and faced crushing payments on its international debt.

Earnings reports and corporate news drove trading in individual stocks. Major indexes in Europe and Asia closed with slight gains.

Major stock indexes turned mixed in midday trading as investors waited for a series of key economic reports from the U.S. and China later in the week.

The summer doldrums appear to be officially here. Stocks didn't do much in early trading Tuesday -- a day after the market was mostly spinning its wheels.

The doctor who performed the autopsy on an Arizona death-row inmate whose execution was prolonged says the intravenous lines were placed correctly.

KEEPING SCORE: Japan's Nikkei 225 added 0.6 percent to 15,618.07. South Korea's Kospi posted its highest close since August 2011, rising 0.6 percent to 2,061.97.

Asian shares touched fresh three-year highs on Tuesday as investors in the region drew encouragement from a rally in Chinese markets, though caution was widespread given the torrent of U.S. economic news still to come this week, Reuters said.

Trader Glenn Kessler works on the floor of the New York Stock Exchange Monday, July 28, 2014.

A drop in energy stocks helped push the Toronto stock market slightly lower Monday as traders brace for a heavy slate of earnings reports this week, particularly from the resource sector.

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Exxon Mobil Corp. .

The Dow, S&P 500, and Nasdaq all fell slightly in afternoon trading. Investors are probably focused more on the deluge of economic reports coming later this week: a read on gross domestic product for the second quarter, a meeting from the Federal Reserve's policy committee and the July jobs report.

Investors are so hungry for yield in the bond market that they're giving rich college grads money to help pay off their student loans.

The US stock market sank in early trading Monday, ahead of a full week of economic reports and earnings.

Discount store chain Dollar Tree Inc. said it would buy rival Family Dollar Stores Inc. for about $8.5 billion, creating North America's biggest discount retailer.

The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies.

Shares of the fast food chain have dropped 3.3% in the week since a longtime McDonald's meat supplier was accused of processing expired meat.

Japan's Nikkei average rose to six-month highs on Monday, and looked poised to test key resistance levels around 15,500 points, on hopes of continued improvement in corporate earnings.

Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits.

The kiwi traded at 85.63 US cents at 8am from 85.51 cents on Friday in New York and 85.73 cents at 5pm in Wellington.

NEWSDAY STAFF. Oyster Bay has sold $170.5 million in bonds that officials and the bond prospectus said was to pay off short-term debt that it used for capital projects..