Stocks

The sector is down 2.7% for the year while the broader S&P 500 index has gained 15%.

The S&P 500 and Nasdaq are now on track for their worst week of 2019.

The news comes at a time when SoftBank and its almost $100 billion Vision Fund stand at a possible inflection point with some of its big tech bets like Uber Technologies headed toward public listings.

Share sank in Asia Thursday as investors fretted over trade tensions between the U.S. and China.

China says it will retaliate if President Donald Trump goes ahead with tariff hikes on Chinese goods, ratcheting up tension ahead of negotiations in Washington.

U.S. stocks swung between gains and losses in morning trading on Wall Street Wednesday as investors wait for key trade talks between the U.S. and China to start this week.

As Uber prepares for its stock market debut Friday, its long-term success or failure will largely depend on the nearly 4 million drivers who serve as the backbone of the company's network.

NYSE Chief Operating Officer John Tuttle on Uber's market debut.

___ Trump's tariff hike menaces strong economy WASHINGTON (AP) — For months, the U.S. economy has shrugged and chugged along as America and China slapped tariffs on tens of billions of dollars of each other's goods in the fiercest trade fight since the 1930s.

Major U.S. stock indexes closed mostly lower Wednesday after a late wave of selling wiped out what was left of a modest midday rally.

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

Excluding certain items, Disney earned $1.61 per share.

Shortly before the opening bell, Trump tweeted that China's vice premier is coming to the U.S. "to make a deal," and Sanders repeated that message shortly before noon.

Shares skidded in Asia on Wednesday after the Dow Jones Industrial Average tumbled more than 470 points overnight amid mounting trade tensions between the U.S. and China.

___ Can US, China salvage their talks and end trade war?

Stocks extended their losses into a second day on Wall Street Tuesday after President Donald Trump's threat to escalate a trade war moved closer to reality.

An escalating showdown between the U.S. and China over trade sent shudders through the stock market Tuesday, handing the S&P 500 is biggest loss since late March.

Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut.

Worsening trade tensions between US and China rattle stock market, sending Dow Jones Industrial Average down 473 points.

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