Dow slides as $2T coronavirus aid package sails through Congress
On Thursday, Wall Street appeared to shrug off miserable news on unemployment as the S&P 500 rose 6.2 percent, bringing its three-day rally to 17.6 percent.
Dow surges 2,000 points, its biggest-ever point gain, as Congress moves closer to passing coronavirus aid package
U.S. equity markets surged Tuesday morning amid investor optimism that members of Congress will overcome their differences to reach a deal on a $1.6 trillion COVID-19 stimulus package.
Dow exits bear market adds 1,351 points on $2 trillion relief pkg.
Investors are beating down the bear as optimism returns to equities.
Dow gains fade as $2T coronavirus pkg. meets Democratic opposition
U.S. equity markets rose Wednesday but gave up the bulk of the gains after Democratic lawmaker Sen. Bernie Sanders raised some concerns over the $2 trillion relief measure to provide aid to those most severely impacted by the COVID-19 pandemic.
Stocks fall as coronavirus bill fails second vote
U.S. equity markets slid Monday after the Federal Reserve announced "extensive new measures" to support the U.S. economy.
Dow drops more than 900 points, ending worst week since 2008
The Dow Jones Industrial Average climbed 134 points, or 0.7 percent, while the S&P 500 and Nasdaq Composite rose 1.01 percent and 1.6 percent, respectively.
U.S. Senators Richard Burr, Kelly Loeffler sold stock before steep market losses from coronavirus
Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic.
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.
Dow below 20,000 as stock plunge threatens Trump-era gains
The early selling comes as the Trump administration and Congress hammer out the details of a $1 trillion stimulus package.
Dow claws back 1,049 points as Fed, Treasury move to restore investor confidence
U.S. equity markets opened higher Tuesday as investors tried to claw back some of their losses from the steepest one-day slide since the Black Monday crash of 1987.
Dow dives nearly 3,000 points on fears virus will cause recession
U.S. equity futures plunged limit down after the Federal Reserve took emergency action on Sunday evening.
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.
Financial markets in turmoil over fear of coronavirus lockdowns
JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.
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 surge on new virus measures; Dow up 1,985 points
Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987.
Worst day on Wall Street since 1987 as coronavirus fears spread
U.S. equity markets were halted shortly after the opening bell when the S&P fell by 7 percent.
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.
Dow drops 7.8% as free-fall in oil, virus fears slam markets
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.
US added robust 273K jobs in February before virus escalated
So far, there are few signs that the job market has been affected by the disease, but most economists expect hiring to slow in the coming months.
Stocks surge amidst Biden victories in Super Tuesday and hopes for more coronavirus stimulus measures
The Dow Jones Industrial Average surged over 1,000 points by the close of trading on Wednesday, amidst hopes for more stimulus measures to fight the virus outbreak and Democratic primary wins by Joe Biden.