Markets

Follow stories on Wall Street and the stock and bond markets, primarily the New York Stock Exchange, the Dow Jones Industrials, S&P 500, NASDAQ and foreign exchanges such as FTSE. Topics include 401(k) accounts and mutual funds; investment firms such as Fidelity or Russell Investments; commodities and precious metals such as gold; and oversight by the Security and Exchange Commission.

Luckin, a Starbucks rival in China, jolts higher in US debut

Lucking Coffee

The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

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FILE- In this March 18, 2019, file photo specialist Meric Greenbaum, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, April 29. (AP Photo/Richard Drew, File) NYJK101 NYJK101

Asian stocks follow Wall Street higher

BEIJING (AP) — Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a...