• Screens above trading posts on the floor of the New York Stock Exchange show only the NYSE logo after an outside provider technical glitch, Thursday, Aug. 27, 2015. U.S. stocks closed sharply higher after China's main stock index logged its biggest gain in eight weeks. The Dow Jones industrial average climbed 369.26 points, or 2. 3 percent, to 16,654.77. (AP Photo/Richard Drew)

    Asian stocks extend global rally on upbeat US growth data

    U.S. stocks drifted between small gains and losses in morning trading Friday, coming off two days of big upswings as the market closes out a wild week.

    Updated: 9:34 am

  • Andrew Silverman, left, and a fellow trader work on the floor of the New York Stock Exchange, Thursday, Aug. 27, 2015. U.S. stocks closed sharply higher after China's main stock index logged its biggest gain in eight weeks.  The Dow Jones industrial average climbed 369.26 points, or 2. 3 percent, to 16,654.77. (AP Photo/Richard Drew)

    US stocks rise after Chinese market surges

    HONG KONG (AP) — Asian stocks rose Friday as upbeat U.S. economic data lifted investors’ spirits following days of stomach-churning turbulence sparked by a heavy sell-off in China.

  • A currency trader stretches while working at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Aug. 27, 2015. Asian stocks rose Thursday after Wall Street soared overnight, breaking a six-day string of losses. (AP Photo/Ahn Young-joon)

    US stocks move sharply higher after six-day slump

    BEIJING (AP) — Asian stocks rose Thursday after Wall Street soared overnight, breaking a six-day string of losses. The recovery brought a measure of relief to many investors, although experts warned that more volatility could be ahead.

  • A bank clerk counts renminbi banknotes in a bank branch in Huaibei in central China's Anhui province Wednesday Aug. 26, 2015.   Asian stocks rose Wednesday after a rocky start following Beijing's decision to cut a key interest rate to help stabilize gyrating financial markets and free up more funding to counter short liquidity. (Chinatopix Via AP) CHINA OUT

    Asian stocks post modest gains after China rate cut

    NEW YORK (AP) — U.S. stocks are opening sharply higher Wednesday after slumping for six straight days amid concern that growth in China was slowing more quickly than previously thought.

  • In this Sunday, Aug. 23, 2015 photo, North Koreans read the public copy of a daily newspaper on the platform of a subway station in Pyongyang, North Kroea. North Koreans are accustomed to being told they are on the brink of war with their southern neighbors and U.S. troops, and as talks with South Korea in the truce village of Panmunjom dragged on this weekend one had to look hard in the North Korean capital of Pyongyang to find signs of a brewing crisis. (AP Photo/Dita Alangkara)

    In N. Korean capital, residents used to life in war’s shadow

    PYONGYANG, North Korea (AP) — For 30 minutes in North Korea, as talks were underway to try to avert the worst crisis between the two Koreas in years, all eyes were glued to the television — but not to the news, which had just ended. After five long years, the “Boy General” animation series was airing a much-anticipated new episode.

  • President Barack Obama, accompanied by Commander of the 89th Airlift Wing Colonel John C. Millard, walks towards Air Force One at Andrews Air Force Base in Md., Monday, Aug. 24, 2015, en route to Las Vegas, Nev.  where the the President will speak at the National Clean Energy Summit. (AP Photo/Jose Luis Magana)

    Rooftop solar key topic at clean energy summit in Las Vegas

    LAS VEGAS (AP) — President Barack Obama brought presidential star power to tout the benefits of solar electricity in Western states during an annual green power conference Monday in Las Vegas hosted by U.S. Sen. Harry Reid.

  • US crude closes under $40 a barrel to breach long-time low

    NEW YORK (AP) — The price of U.S. oil closed under $40 a barrel on Monday for the first time since the days of the global economic crisis on fears of a slowdown in the world economy.

  • People walk past an electronic stock indicator of a securities firm in Tokyo, Tuesday, Aug. 25, 2015. Chinese stocks tumbled again Tuesday after their biggest decline in eight years while most other Asian markets rebounded from a day of heavy losses. Tokyo's Nikkei 225 was up 2.1 percent at 18,147.42 Tuesday after losing 4.6 percent the previous session. (AP Photo/Shizuo Kambayashi)

    US stocks plunge in early trading after Chinese stock rout

    BEIJING (AP) — Chinese stocks tumbled again Tuesday after their biggest decline in eight years while most other Asian markets rebounded from a day of heavy losses.

  • Kazakh currency recovers somewhat after massive plunge

    MOSCOW (AP) — Kazakhstan’s currency recovered some of last week’s massive losses against the dollar on Monday, with a rise of over 10 percent Monday.

  • In this Feb. 13, 2015, file photo, stacks and burn-off from the Exxon Mobil refinery are seen at dusk in St. Bernard Parish, La. A barrel of U.S. crude fell below $40 per barrel, Friday, Aug. 21, 2015, for the first time since the end of the global economic crisis. (AP Photo/Gerald Herbert, File)

    Barrel of US crude drops below $40

    NEW YORK (AP) — A barrel of U.S. crude oil fell below $40 per barrel for the first time since the end of the global economic crisis.