Dow suffers biggest percentage drop in 33 years
The Dow industrials plunged more than 2,300 points, or 10%—the latest in a series of steep drops that have wiped out most of the big run-up on Wall Street since President Donald Trump’s inauguration.
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Dow plummets again as selloff over the coronavirus deepens
The coronavirus crisis sent stocks into another alarming slide on Wall Street on Thursday, triggering a brief, automatic shutdown in trading for the second time this week.
Markets plummet again as coronavirus fears escalate
The losses accelerated after health authorities declared the outbreak a pandemic, and brought the U.S. stock market to the end of one of its greatest-ever runs.
Losses accelerate on Wall Street as wild swings continue
Stocks fell from the opening of trading in New York, including a 3.7% loss for the S&P 500. The losses deepened as the day progressed, and the Dow Jones industrial average was down more than 1,000 points in the early afternoon.
Fair Finance bankruptcy trustee loses high-stakes jury trial against deep-pocketed lender
The verdict was a huge setback for the 5,200 mom-and-pop Ohio investors who lost more than $200 million in a Ponzi scheme engineered by Indianapolis businessman Tim Durham.
Dow surges 4.9% in another wild day for stock market
Wall Street endured another day of dizzying trading Tuesday, whipping up and down with hopes that the U.S. and other governments will cushion the economy from the pain of the coronavirus.
Dow drops 7.8% as crashing oil prices, virus fears slam markets
The Dow Jones industrial average on Monday suffered its steepest drop since the financial crisis of 2008.
Anthem shares surge as stock market tries to claw back from recent losses
Health care stocks led the market’s spurt Wednesday after a strong performance by Joe Biden on Super Tuesday. Among the biggest gainers was Indianapolis-based health insurer Anthem Inc., with a stock surge of 13.4%.
Federal Reserve makes emergency rate cut in response to virus
U.S. stocks rebounded from an early fall Tuesday, then sank again, after the Federal Reserve made an emergency rate cut to help support the economy from the impact of the coronavirus outbreak.
U.S. stocks surge on hopes that central banks will address coronavirus fallout
Coming off Wall Street’s worst week since the 2008 financial crisis, the Dow Jones industrial average rose nearly 1,300 points, closing up 5.1%, its largest percentage gain since March 2009.
Stocks rise sharply on Wall Street following seven-day rout
Big technology companies like Apple are still among the most vulnerable due to disruptions in supply chains and business closures in China, but the sector led the way higher Monday.
Stocks sink again, leaving Wall Street with worst week since 2008
The market clawed back much of its intraday losses in the last 15 minutes of trading. Bond prices soared as investors sought safety, pushing yields to record lows.
Dow plunges 4.4%, as potential coronavirus cases in California escalate anxiety
The three major U.S. stock indexes now are in correction territory, a 10% reversal from recent highs.
Stocks sink, bonds soar on fears virus will stunt economy
The benchmark S&P 500 has lost 7.6% over the last four days, its worst such stretch since the end of 2018. Tuesday also marked the first back-to-back 3% losses for the index since summer 2015.
Dow drops more than 1,000 points as fear of virus threatens global economy
The selling wiped out all of the Dow Jones industrial average’s gains for the year. The major U.S. stock indexes all fell more than 3%.
Global markets fall sharply as virus cases spread past Asia
The Dow Jones industrial average slumped more than 3% and gave up all of its gains for the year as a surge in virus cases and a worrisome spread of the disease outside the epicenter in China sent investors running for safety.
Former Noyes wealth adviser alleges sex discrimination
A former wealth adviser at David A. Noyes & Co. in Indianapolis has filed a sex discrimination lawsuit against the financial firm and longtime firm executive L.H. Bayley, 84.
Morgan Stanley to buy E-Trade for $13 billion
The biggest takeover by a major U.S. bank since the 2008 financial crisis combines Morgan Stanley’s prowess and client-facing resources with E-Trade’s more than 5 million customers.
Apple warns China virus will cut iPhone production, sales
The tech giant is warning investors that it won’t meet its second-quarter financial guidance because of the viral outbreak.
Investors keep their distance from Simon stock
David Simon said Simon Property Group’s ability to buy a company for $3.6 billion in cash without having to turn to a third party for financing and without suffering credit rating downgrades is a testament to the underappreciated strengths of the business.