U.S. stocks rally on hopes for coronavirus drug
The Nasdaq composite index rose to within 1% of erasing losses for the year, led by Alphabet after it reported an ad-sales slowdown that wasn’t as bad as expected.
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As earnings season reaches full swing, uncertainty is certain
Companies are being affected in different ways during the pandemic, but if there’s a common theme, it’s that the situation was bad in the first quarter, and it’s going to get worse.
Stocks up worldwide as governments eye reopening economies
With central banks and governments promising overwhelming amounts of aid for markets and economies, some investors are looking beyond the economic devastation currently sweeping the world.
Emmis shares plummet after it announces Nasdaq delisting plan
The Indianapolis-based media company, which has been a publicly traded business since 1994, said that it was pursuing the delisting to save money.
Oil’s chaotic collapse deepens; stocks drop worldwide
U.S. stocks sank to their worst loss in weeks as worries swept markets worldwide about the economic carnage caused by the coronavirus pandemic.
Stocks surge amid signs of coronavirus outbreak easing
Equities extended gains after a report that President Donald Trump will make some “important announcements” in the next few days regarding state guidelines on reopening the economy.
Wall Street caps best week since 1974 on latest Fed stunner
The stock market closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak.
Wall Street rally fizzles as oil prices suddenly plunge
The Dow Jones industrial average closed the day with a 26-point loss after losing an earlier gain of 937 points.
Dow skyrockets 1,627 points on signs new virus deaths could be slowing
A worldwide rally gained steam on Wall Street on 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 rise sharply on hopes of progress in battling virus
U.S. stocks climbed more than 5% in morning trading, following up on gains that were nearly as big in Europe and Asia.
Stocks rise as a bounce in oil prices lifts energy sector
Oil surged more than 30% immediately after President Donald Trump said he expects Saudi Arabia and Russia to back away from their price war.
Stocks fall, capping Wall Street’s worst quarter since 2008
The surge of coronavirus cases around the world has sent markets to breathtaking drops since mid-February, undercutting what had been a good start to the year.
Stocks soar after Senate passes $2 trillion stimulus bill
A dismal unemployment report failed to pop Wall Street’s buoyant mood on Thursday, with stocks running to their third straight day of gains following the federal government’s pledge to shower trillions of dollars on U.S. citizens and commerce.
Stocks rise sharply again, could be heading for 3-day rally
The S&P 500 was up 4.6%, continuing a rally that has vaulted the index 16% higher since Monday on rising expectations that Congress will soon approve an unprecedented rescue package for the economy.
Stock market sees first back-to-back gains in five weeks
Stocks closed higher Wednesday, but gave up much of an afternoon rally after CNBC reported that a dispute between Sen. Bernie Sanders and Republicans over unemployment aid could cause the coronavirus aid bill to be delayed.
Stocks tumble, investors dash for cash amid recession fears
Stocks sank more than 5% on Wall Street Wednesday, and the Dow erased virtually all its gains since President Donald Trump’s 2017 inauguration.
Stocks move higher on Wall Street after worst drop since 1987
Markets around the world remain highly volatile as traders see a recession growing more likely and large sections of the economy come closer to shutting down due to the coronavirus outbreak.
Stocks take another deep plunge as more businesses shut doors
The selling began immediately on Wall Street, and losses were sharp enough at the open to trigger a temporary trading halt for the third time in the last two weeks.
Stock futures sink after rate cut, new virus restrictions
Stocks are set for more turbulence following a dizzying week that saw the Dow twice fall by more than 2,000 points and also record it’s biggest point gain ever—1,985 points on Friday.
With unprecedented force and speed, a global recession is likely taking hold
Across the country, consumer spending—which supports 70% of the economy—is grinding to a halt as fears of the escalating coronavirus pandemic keep people from stores, restaurants, movie theaters and workplaces.