Commodities

Asian stock markets surged Tuesday despite U.S.-Chinese trade tensions after Wall Street posted its strongest gains in a week.

___ Trump's boasts aside, trade wars typically leave no victors WASHINGTON (AP) — Trade wars generate no medals, monuments or military parades.

U.S. stocks fell Monday and markets around the world wobbled as investors continue to question whether they can count on two of the main drivers that propelled markets to record heights: an expanding global economy and low interest rates.

America will surpass Russia, the current No. 1, by 2023, the International Energy Agency estimates.

The latest on developments in financial markets (all times local): 9:35 a.m.

Asian shares fell Monday as investors evaluated Beijing's annual growth forecast for the Chinese economy while the uncertain outcome of Italian elections weighed on sentiment.

The company pledges to reopen a plant in Kentucky and invest $100 million in new technology.

“A penny for a six-pack” to put Americans back to work in the steel and aluminum industries is worth it, according to the White House’s Peter Navarro.

Asian shares posted steep declines Friday, adding to global stock market losses after President Donald Trump vowed to impose stiff steel and aluminum tariffs, sparking fears of a trade war.

President Donald Trump is defending the U.S. steel and aluminum industries as he faces deadlines on whether to impose tariffs or quotas on imports of both products.

U.S. stock indexes joined a worldwide slide Thursday, as investors wait to see if Federal Reserve Chairman Jerome Powell will again move markets with his testimony before Congress.

U.S. stocks dove in another dizzying day of trading after President Donald Trump promised stiff tariffs on imported steel and aluminum, which raised the threat of escalating retaliation by other countries and higher inflation.

The latest on developments in financial markets (all times local): 9:35 a.m.

Asian shares were mixed Thursday as sentiments got initially dragged down by a slide on Wall Street, but Chinese benchmarks later recovered on optimism for growth.

U.S. stocks rose in early trading on Wednesday to claw back some of their sharp losses from the prior day, when speculation about a more aggressive Federal Reserve rattled markets.

___ Defying the NRA, Dick's takes a harder line against guns NEW YORK (AP) —Dick's Sporting Goods will immediately stop selling assault-style rifles and ban the sale of all guns to anyone under 21, the company said Wednesday, as its CEO took on the National Rifle Association by demanding tougher gun laws after the massacre in Florida.

Oil in January topped $71 a barrel for the first time since 2014, and was trading above $66 on Wednesday. Still, OPEC says supply restraints should be maintained to ensure the end of a glut that has built up since 2014.

Asian shares slid in subdued trading Wednesday after the head of the U.S. Federal Reserve said that he's feeling more optimistic about the economy.

Stocks and bonds held relatively steady in early trading on Tuesday, and the Standard & Poor's 500 index was wavering between small gains and losses.

Tokyo stocks finished higher but other markets in Asia were mixed on Tuesday ahead of the Federal Reserve chair's testimony at U.S. Congress later in the day, his first public appearance as chair of the Fed.