stock market

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Stocks Jump After Trump Promise
Stocks Jump
After Trump Promise
MARKETS
Mar 17, 2020 3:00 PM CDT

Stocks Jump After Trump Promise

Dow ends day up 1,049

(Newser) - Stocks are closing solidly higher after President Trump promised he's “going big” with plans to blunt the economic pain caused by the coronavirus outbreak, the AP reports. The market got back not quite half of what it lost in a breathtaking drop a day earlier, which was the...

Dow Expected to Rise After Wild Overnight Swings
Dow Begins the Day
With More Swings
UPDATED
Mar 17, 2020 9:01 AM CDT

Dow Begins the Day With More Swings

Dow briefly rises more than 500, though it quickly gave it all away

(Newser) - The Dow got off to a wild start Tuesday, and investors might have to brace for that kind of pattern in the near future. The index rose more than 500 points at the open, then gave away all those gains and then some. It's been popping back and forth...

Dow Falls Nearly 3K as Virus News Worsens

That's a drop of 13%

(Newser) - The stock market started out in a freefall Monday and never recovered. The Dow fell 2,997 points, nearly 13%, while the S&P 500 and the Nasdaq fell by about 12%. The Dow is now at 20,188 and on a trajectory to fall below 20,000. The S&...

Stocks Crater, Immediately Forcing a Halt in Trading

Dow falls more than 2.2K points

(Newser) - Friday's huge surge by the stock market was a distant memory by Monday's opening bell. The stock market cratered in the opening minutes, with the Dow falling more than 2,200 points, or nearly 10%, on coronavirus worries. The benchmark S&P 500 fell by 8% before trading...

After Fed Cut, Stock Futures Fall as Far as They Can Go

Fed's 'monetary bazooka' has misfired

(Newser) - Investors appear to have viewed the Federal Reserve's big interest rate cut as desperate, not bold. After the Fed announced Sunday that the rate was being cut to almost zero, futures on the S&P 500 and Dow Jones plunged 5%, triggering the "limit down" to halt further...

Mnuchin: No Recession Coming
Mnuchin: No Recession Coming
Mar 15, 2020 10:10 AM CDT

Mnuchin: No Recession Coming

A 'big rebound' is possible later in the year, Treasury secretary says

(Newser) - The US economy will slow during the pandemic, Treasury Secretary Steven Mnuchin said Sunday, but it won't tank. "The real issue is not the economic situation today," he said on ABC 's This Week. Mnuchin, a member of the Trump administration's coronavirus task force, added:...

Stocks End Crazy Week With Huge Climb
Market Ends Volatile Week
With Huge Climb
MARKETS
Mar 13, 2020 3:08 PM CDT

Market Ends Volatile Week With Huge Climb

Dow rises nearly 2,000 points

(Newser) - One of the most volatile weeks in Wall Street's history—one that saw an end to the 11-year bull run —is finally over. On Friday, the markets clawed back ground from Thursday's historic plunge in a big way, with all three major indexes up more than 9%....

Futures Trading Halted After Dow Surges More Than 5%
Dow Surges 1,300
at the Open
UPDATED
Mar 13, 2020 8:40 AM CDT

Dow Surges 1,300 at the Open

But volatility remains high

(Newser) - Futures trading suggested a strong opening for US markets, and that's exactly what happened. The Dow initially rose more than 1,300 points, above 6%, while the benchmark S&P 500 and Nasdaq posted similar-sized gains, reports CNBC . The surge comes one day after the stock market's worst...

Dow Has Worst Day Since 1987 Financial Crash
Dow Has Worst Day
Since 1987 Financial Crash
updated
Mar 12, 2020 3:17 PM CDT

Dow Has Worst Day Since 1987 Financial Crash

Ends day down 2.3K, its largest single-day drop ever

(Newser) - To say it was another brutal day on Wall Street is an understatement. The Dow Jones Industrial average ended the day down 2,352 points, once again setting a record for the worst-ever single-day point drop. As CNBC reports, that 10% plummet is the index's worst performance since the...

Wall Street Plunged So Fast They Suspended Trading

Dow falls more than 1,700 points

(Newser) - The market is cratering at the open, and it happened so fast that trading was suspended for the second time this week. The Dow fell more than 1,700 points, about 7%, after another string of worrying coronavirus developments . The benchmark S&P fell 7% as well, and that triggered...

Trump&#39;s Europe Travel Ban Hammers Stock Markets
Trump's Europe Travel Ban
Hammers Stock Markets
the rundown
Mar 12, 2020 7:02 AM CDT

Trump's Europe Travel Ban Hammers Stock Markets

Dow Jones set to plummet at open

(Newser) - President Trump announced a 30-day ban on travel to the US from Europe Wednesday night—but the anti-coronavirus move did not reassure the stock market. CNN reports that Dow Jones futures plummeted more than 1,000 points overnight, setting up another day of stock market carnage Thursday, the day after...

Longest-Running Bull Market for US Stocks Has Ended

Dow plunged 1,465 points on Wednesday

(Newser) - "An extraordinary run of stock gains that began in 2009," as the Wall Street Journal put it, ended on Wednesday, with the longest-running bull market for US stocks coming to a close. The Dow needed to close below 23,641.136 to enter a bear market, meaning a...

After Big Day on Tuesday, Dow Takes Plunge at the Open
Dow Plunges at the Open,
Then Keeps Sinking
UPDATED
Mar 11, 2020 9:50 AM CDT

Dow Plunges at the Open, Then Keeps Sinking

Was down more than 1K points just shy of 90 minutes into trading

(Newser) - "What goes up must come down" seems to be the rule of thumb as of late. Though the Dow finished up 1,167 points on Tuesday, Dow futures were down 811 points a half-hour before the opening bell, and stocks did indeed plunge at the open, with the Dow...

It Was Another Wild Day for the Markets
It Was Another
Wild Day
on Wall Street
MARKETS
Mar 10, 2020 3:07 PM CDT

It Was Another Wild Day on Wall Street

Major indexes surge about 4.9% on hopes for virus aid

(Newser) - Stocks are closing sharply higher on Wall Street Tuesday, adding 4.9% to major indexes, as hopes build for a greater response from the Trump administration to the economic threat from the coronavirus outbreak. The gains recovered about half of the market's historic losses from the day before and...

Dow Surges Over 900 Points at Open
Dow Rebounds
at the Opening Bell
Mar 10, 2020 8:37 AM CDT

Dow Rebounds at the Opening Bell

Index rises more than 900 points

(Newser) - Monday's opening of the US stock market had people using words like "bloodbath." Tuesday's opening is the opposite. The Dow immediately rose more than 900 points, nearly 4%, and the benchmark S&P 500 rose a similar percentage after the opening bell. Investors seem optimistic that...

Dow Is Ready for Its 'Dead-Cat Bounce'

Dow futures point to a gain of more than 1K points at the open

(Newser) - The seesaw continues: After Monday's historic awfulness , the US stock market is expected to see a big surge at the opening bell Tuesday morning. Dow futures were up more than 4%, suggesting an initial rise of around 1,100 points, reports CNBC . The S&P 500 looks poised for...

Dow Closes Down 2K in Biggest Single-Day Plunge
Dow Sees Biggest-Ever
One-Day Plunge
the rundown
Mar 9, 2020 3:12 PM CDT

Dow Sees Biggest-Ever One-Day Plunge

Closes down 2,013 points on coronavirus fears

(Newser) - Not even two weeks after setting a record for its worst-ever single-day point drop, the Dow on Monday heartily broke that record. It was down 2,013 points at the close, or nearly 8%, per Marketwatch . Fears related to the coronavirus outbreak continued to plague the markets; the S&P...

Trump Sees Silver Lining in Bad Financial News

Falling oil prices means cheaper gasoline for consumers, he tweets

(Newser) - President Trump suggested Monday that concern over the coronavirus outbreak was overblown. In one of several tweets, he drew comparisons between COVID-19 and the seasonal flu. "So last year 37,000 Americans died from the common Flu," he wrote . "It averages between 27,000 and 70,000...

Stock Market Craters Amid 'Shocking' Oil Dispute

Trading had to be halted early as Dow falls 1,800

(Newser) - Dow futures suggested a brutal opening for the US stock market on Monday, and they were exactly right. The Dow plummeted more than 1,800 points at the open, more than 7%, and the benchmark S&P 500 also fell 7%, per MarketWatch . The steep decline triggered an automatic, 15-minute...

World Markets in Turmoil
World Markets in Turmoil
Mar 9, 2020 6:44 AM CDT

World Markets in Turmoil

'Killer cocktail' points to 1.2K-point plunge for the Dow at open

(Newser) - Last week was bad for world markets. This week might be worse, the way things are starting out. Global stock markets and oil prices plunged Monday after a fight among major crude-producing nations jolted investors who already were on edge about the surging costs of the coronavirus outbreak, per the...

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