• In this Tuesday, Sept. 8, 2015, file photo, a Wall Street street sign is framed by a giant American flag hanging on the facade of the New York Stock Exchange. Global stock markets were having another lackluster day Wednesday, Feb. 3, 2016, amid ongoing worries over the state of the world economy, which has piled the pressure on oil prices in particular. (AP Photo/Mary Altaffer, File)

    US stocks give up an early gain and move lower; Yahoo down

    HONG KONG (AP) — Most Asian stocks jumped Thursday as oil prices bounced back and weak U.S. economic data fueled investor hopes that the Fed would slow the pace of rate hikes this year. Japanese shares fell as the yen rose against the dollar.

  • In this Tuesday, Sept. 8, 2015, file photo, a Wall Street street sign is framed by a giant American flag hanging on the facade of the New York Stock Exchange. Global stock markets were having another lackluster day Wednesday, Feb. 3, 2016, amid ongoing worries over the state of the world economy, which has piled the pressure on oil prices in particular. (AP Photo/Mary Altaffer, File)

    Asian stocks weighed down by another oil price dive

    NEW YORK (AP) — Stocks are gaining ground in early trading as investors were encouraged by some strong company earnings reports and a pickup in the price of crude oil.