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BC-APFN-Business News Digest

May 17, 2018

This is a digest of AP Business News stories moving overnight or in the morning. The business desk will reopen at 6 a.m. If you have issues overnight please call 212-621-1600. All times EDT.

MARKETS & ECONOMY:

FINANCIAL MARKETS — A report on global markets, starting in Asia and updated through the close of trading on Wall Street.

MORTGAGE RATES — Freddie Mac reports on this week’s average U.S. mortgage rates. By Marcy Gordon. UPCOMING: 130 words after release of report at 10 a.m., 300 words by 10:45 a.m.

EARNINGS:

EARNS-JC PENNEY — The department store operator reports quarterly results. UPCOMING: 250 words, photo after release of the report at about 8 a.m.

EARNS-WALMART — The world’s largest retailer quarterly results. UPCOMING: 250 words, photo after release of the report at about 8 a.m.

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