• In this Wednesday, Oct. 8, 2014, file photo, American flags fly in front of the New York Stock Exchange. European shares rose on Monday, May 2, 2016, despite a poor start for the week in Asia, where the Tokyo benchmark fell more than 3 percent as investors registered their disappointment over the lack of new stimulus from Japan's central bank. (AP Photo/Mark Lennihan, File)

    US stocks rise slightly in morning trade; Japan sinks

    MANILA, Philippines (AP) — Asian stocks were mostly up Tuesday after U.S. stock indexes moved solidly higher, recovering some of last week’s steep declines.

    Updated: 9:50 pm

  • The word HELP spelled out with fern fronds is seen by Amalgamated Helicopters chief pilot Jason Diedrichs as he hovers over head in Tararua Forest Park near Wellington on New Zealands North Island, Saturday, April 30, 2016. Carolyn Lloyd and her daughter Rachel Lloyd from North Carolina in the U.S. made the help sign after they got lost for five days while on a day hike in the New Zealand wilderness.(Photo/Jason Diedrichs/Amalgamated Helicopters Via AP)

    North Carolina pair survive 5 days in New Zealand wilderness

    WELLINGTON, New Zealand (AP) — An American exchange student and her mother were rescued over the weekend in the New Zealand wilderness, where they were lost for five days after setting off on a day hike. A helicopter pilot spotted the large “help” signs they had made from fern fronds.

  • In this Wednesday, July 29, file 2015 photo, the Puerto Rican flag flies in front of Puerto Rico’s Capitol as in San Juan, Puerto Rico. Puerto Rico Gov. Alejandro Javier Garcia Padilla said on Sunday, May 1, 2016, that negotiators for the U.S. territory’s government have failed to reach a last-minute deal to avoid a third default and that he has issued an executive order to withhold payment. (AP Photo/Ricardo Arduengo, File)

    Q&A: Puerto Rico’s debt crisis explained

    NEW YORK (AP) — Puerto Rico’s debt crisis has reached a new level, with the island’s governor saying Puerto Rico will not pay most of its $470 million in debt payments due by Monday.

  • In this Dec. 16, 2015, file photo, Puerto Rico Gov. Alejandro Javier Garcia Padilla speaks at a luncheon at the National Press Club in Washington. Garcia said on Sunday, May 1, 2016, that negotiators for the U.S. territory’s government have failed to reach a last-minute deal to avoid a third default and that he has issued an executive order to withhold payment. (AP Photo/Sait Serkan Gurbuz, File)

    Puerto Rico won’t make $370 million in debt payments Monday

    SAN JUAN, Puerto Rico (AP) — A spiraling Puerto Rico debt crisis reached a new milestone as the island missed nearly $370 million on a bond payment Monday and officials warned of worse to come if the U.S. Congress doesn’t help it dig out from a mountain of debt.

    Updated: 3:39 pm

  • In this Wednesday, July 29, file 2015 photo, the Puerto Rican flag flies in front of Puerto Rico’s Capitol as in San Juan, Puerto Rico. Puerto Rico Gov. Alejandro Javier Garcia Padilla said on Sunday, May 1, 2016, that negotiators for the U.S. territory’s government have failed to reach a last-minute deal to avoid a third default and that he has issued an executive order to withhold payment. (AP Photo/Ricardo Arduengo, File)

    Q&A: Puerto Rico’s debt crisis explained

    NEW YORK (AP) — Puerto Rico’s debt crisis reached a new level late Sunday, when the island’s governor said Puerto Rico would not pay most of its $470 million in debt payments that are due by Monday.

  • In this Dec. 16, 2015, file photo, Puerto Rico Gov. Alejandro Javier Garcia Padilla speaks at a luncheon at the National Press Club in Washington. Garcia said on Sunday, May 1, 2016, that negotiators for the U.S. territory’s government have failed to reach a last-minute deal to avoid a third default and that he has issued an executive order to withhold payment. (AP Photo/Sait Serkan Gurbuz, File)

    Puerto Rico won’t make $370 million in debt payments Monday

    SAN JUAN, Puerto Rico (AP) — Gov. Alejandro Garcia Padilla announced that Puerto Rico’s government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S. territory’s spiraling public debt crisis.

  • In this Monday, April 25, 2016 photo, construction employees work at The Asbury hotel in Asbury Park, N.J. The Asbury, the first new hotel in more than 50 years is set to open in Asbury Park at the end of May. (AP Photo/Mel Evans)

    Greetings from Asbury Park, opening first hotel in 50 years

    ASBURY PARK, N.J. (AP) — In the Jersey shore city that gave Bruce Springsteen’s debut album its name, owners of the first new hotel to open there in more than 50 years hope they can convince locals and tourists alike that what was once considered a slum by the sea is now a destination with a bright future.

  • This July 31, 2012 file photo shows the euro sculpture in front of the headquarters of the European Central Bank, ECB, in Frankfurt, Germany. The eurozone economy has finally recouped all the ground lost in the recessions of the past eight years after official figures Friday April 29, 2016. showed that the 19-country single currency bloc expanded by a quarterly rate of 0.6 percent in the first three months of the year. (AP Photo/Michael Probst, File)

    Eurozone economy regains size of 2008 but remains shaky

    LONDON (AP) — It’s been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis.

  • This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. Global stock markets mostly fell Friday, April 29, 2016,  after Wall Street slid and Japan's central bank surprised markets by putting off possible additional stimulus. (AP Photo/Richard Drew, File)

    US stocks skid on weak health care results; Europe slumps

    NEW YORK (AP) — U.S. stocks fell Friday as health care and technology companies continued to report weak first-quarter results, but thanks to some late buying, they managed to avoid major losses.

  • An employee of a bank walks by the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Friday, April 29, 2016. Asian stocks were mixed Friday after Wall Street slid and Japan's central bank surprised markets by putting off possible additional stimulus. (AP Photo/Lee Jin-man)

    Markets Right Now: Europe lower despite strong growth data

    LONDON (AP) — The Latest on global financial markets (all times local):