Dow Drops More Than 900 Points, Ending Worst Week Since 2008
Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions.
March 20, 2020Stocks Plunge 12% in Biggest Rout Since 1987
The stomach-turning ride on global financial markets took a dramatic turn March 16, with U.S. stocks plunging the most since 1987 after President Donald Trump warned the economic disruption from the virus could last into summer.
March 16, 2020Stock Futures Tumble Despite Fed Interest Rate Cut to Near Zero
U.S. stock futures tumbled, wiping out half of the furious last-hour rally March 13 and tripping exchange trading curbs, as investors worried that emergency measures by the Federal Reserve will fall short of cushioning the coronavirus’ blows to the economy.
March 15, 2020Stocks Sink in Worst Day Since 1987
U.S. stocks tumbled, with benchmark gauges posting their worst drop since 1987, as investors signaled the Federal Reserve’s extraordinary bond-buying measures, and President Donald Trump’s economic proposals, won’t be enough to counter the economic impact from the coronavirus.
March 12, 2020Trading Halted After Stocks Plunge 7% at Open
NEW YORK— The S&P 500 dropped about 7% within the first few minutes of trading March 12, steep enough to trigger an automatic halt to trading on the New York Stock Exchange.
March 12, 2020Short US Transport Stocks as World Growth Worsens, Cantor Says
Cantor Fitzgerald LP is recommending bearish trades on the U.S. transportation sector amid a deteriorating global trade landscape and worsening economic numbers.
September 26, 2019Target Soars as Rosy Full-Year Outlook Follows Brisk Holiday Sales
Target Corp. jumped the most in more than two months as it followed up strong holiday sales with upbeat projections for the current year, distancing itself from the travails of mall-based department stores.
March 5, 2019US Stocks See Best Quarterly Gain in Five Years
U.S. stocks ended virtually unchanged to cap the best quarterly advance in five years.
September 28, 2018Trucking Stocks Roll Steady as Investors Downshift on Market
Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.
July 12, 2018Stocks Jump as Chinese President Xi Jinping Eases Tenion Over Tarriffs
NEW YORK — Stocks rose sharply on Wall Street on April 10 after Chinese President Xi Jinping said Beijing would reduce tariffs on imported cars and improve intellectual property protection, steps that could ease tensions with the United States.
April 10, 2018