Stocks wrap best month since 1987 as coronavirus recovery continues
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
Stocks surge on Gilead’s coronavirus drug and Fed’s pledge to keep rates near zero
The Dow Jones Industrial Average gained 449 points, or 1.86 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 2.04 percent and 2.03 percent, respectively.
Stock rally takes breather ahead of Starbucks, Google earnings
The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.
Dow, S&P jump as states begin coronavirus reboot
Investors usher in the week on an optimistic note.
Stocks rally worldwide, pushing indexes higher
Stocks closed broadly higher on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas.
Stocks stumble as US coronavirus cases top 200,000
The Dow Jones Industrial Average plunged 877 points, or 4 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite fell 3.7 percent and 3.08 percent, respectively.
Dow exits bear market adds 1,351 points on $2 trillion relief pkg.
Investors are beating down the bear as optimism returns to equities.
Federal Reserve to lend up to $300B to fight economic meltdown
In a series of sweeping, aggressive steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs
New York Stock Exchange to close trading floors, fully move to electronic trading
As the novel coronavirus global pandemic widens and worsens, the New York Stock Exchange is closing its iconic trading floor in Manhattan as well as two others and will move to fully electronic trading on Monday, March 23, its operator announced on Wednesday.
U.S. stocks plunge; White House sees recession risk
The U.S. stock market plunged to its worst day in more than three decades as voices from Wall Street to the White House said the coronavirus may be dragging the economy into a recession.
U.S. now in recession expected to last until September, UCLA forecasts
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
Stock futures plunge after Fed takes emergency action
U.S. stock futures fell sharply after the Federal Reserve slashed interest rates and more companies and governments took action over the weekend to shut down European and American society in the face of the growing virus outbreak.
Stocks rally on government's coronavirus plan
A rally on Wall Street accelerated after President Donald Trump declared the coronavirus pandemic a national emergency. The Dow saw its largest percentage gain since 2008.
Shareholders can't attend Warren Buffett's annual meeting in Omaha
Berkshire Hathaway chairman Warren Buffett told shareholders Friday that they won't be allowed to physically attend the company's May 2 annual meeting in Omaha because of the coronavirus threat.
Wall Street has worst day since 1987 amid virus pandemic
The S&P 500 plummeted 9.5%, for a total drop of 26.7% from its all-time high, set just last month. That puts it way past the 20% threshold to make this a bear market, snapping an unprecedented, nearly 11-year bull-market run. The Dow Jones Industrial Average sank 10% for its worst day since a nearly 23% drop on Oct. 19, 1987.
Stocks recoup most big losses as investors await virus aid
Stocks, Treasury yields and oil are clawing back some of the plunge they took a day before, when the S&P 500 had its worst drop in more than a decade.
Oil free-fall, coronavirus fears slam markets; Dow drops 7.8%
A drop on Wall Street was so sharp on Monday that it triggered the first automatic halt in trading in more than two decades.
Stocks sink, bond yields take another breathtaking drop
Stocks kept falling Friday, and bond yields took more breathtaking drops as a brutal, dizzying couple weeks of trading showed no sign of letting up.
Rate cut fails to calm market; Dow sinks 2.9%
The Dow Jones Industrial Average sank 785 points, or 2.9%. It had surged 5% a day earlier on hopes for a broader set of stimulus measures.
Stocks slide after Fed rate cut fails to stem market's dread as coronavirus spreads
Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.