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Dow Plunges in Spite of
Emergency Rate Cut

MARKETS

Mar 3, 2020 3:00 PM CST

Dow Plunges in Spite of Emergency Rate Cut

Falls 785 points after Fed move

(Newser) - The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession. The yield on the 10-year Treasury note dropped below 1% for the...

Dow Sees Biggest-Ever
Single-Day Point Gain

MARKETS

Mar 2, 2020 3:13 PM CST

Dow Sees Biggest-Ever Single-Day Point Gain

It surges 1,293 on hopes for central bank help on the economy

(Newser) - The Dow Jones Industrial Average surged more than 1,200 points, or 5%, on hopes that central banks will take action to shelter the global economy from the effects of the coronavirus outbreak, the AP reports. The huge gains clawed back some of the ground lost in a massive sell-off...

Dow Rises at the Open, but 'Volatile' Day Expected

Dow Rises After
Overnight Swings

Mar 2, 2020 8:39 AM CST

Dow Rises After Overnight Swings

Major American indexes are up

(Newser) - The morning's word in regard to the markets: "volatile," per the Wall Street Journal and CNBC . Investors are simultaneously worried about the worsening coronavirus outbreak and hopeful that central banks around the world will be taking steps to protect markets. Dow futures reflected that, rising and falling...

Markets Wrap Up Worst
Week Since 2008

Feb 28, 2020 3:07 PM CST

Markets Wrap Up Worst Week Since 2008

Dow falls more than 350, though a surge came late

(Newser) - The good news about the stock market from Friday is that it wasn't half as bad as Thursday and the week is over. The Dow fell more than 350 points as the markets wrapped up their worst week since the financial crisis of 2008, reports CNBC . At one point,...

Market's Awful Week Shows No Sign of Ending

Markets Tank Again, Near
Biggest Weekly Loss Since '08

UPDATED

Feb 28, 2020 9:21 AM CST

Markets Tank Again, Near Biggest Weekly Loss Since '08

Dow falls 600 at the open

(Newser) - The market misery continues. The Dow fell 600 points, about 2%, at the open on Friday, mirroring similar falls in Europe and Asia, reports CNBC . The Dow then seemed to stabilize a bit in the opening minutes and was trading down about 500 points before plunging again. It dropped 1,...

Dow Plunges Nearly 1.2K
on Outbreak Fears

updated

Feb 27, 2020 3:00 PM CST

Dow Plunges Nearly 1.2K on Outbreak Fears

Market closes in correction territory

(Newser) - The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havov on the global economy, the AP reports. Bond prices soared again as investors sought safe places to park money, sending the yield on...

Virus News Brings Unwanted
Milestone to the Dow

Feb 27, 2020 8:59 AM CST

Virus News Brings Unwanted Milestone to the Dow

Index is down 10% from its record high of 2 weeks ago, on track for official 'correction'

(Newser) - Another morning of bad news on the coronavirus front has led to yet another bad morning on Wall Street. The Dow fell more than 500 points, about 2%, in the opening minutes, putting the index down 10% from its record high of two weeks ago, reports the AP . If the...

US Stocks Extend Their Losses

MARKETS

Feb 26, 2020 3:16 PM CST

US Stocks Extend Their Losses

Giving up early gains on Wall Street

(Newser) - Stocks gave up early gains and ended lower, extending their losses for the week, the AP reports. Worries about economic fallout from the virus outbreak that originated in China has fueled a sharp sell-off that wiped out the market's gains for the year. Energy stocks sank along with the...

Dow Ends Day Down 878

MARKETS

Feb 25, 2020 3:00 PM CST

Dow Ends Day Down 878

Amid fears virus will stunt US economy

(Newser) - Stocks slumped and bond prices soared for the second day in a row as fears spread that the widening coronavirus outbreak will put the brakes on the global economy, the AP reports. The losses came a day after the market's biggest drop in two years . Investors plowed money into...

Markets Calm After
Monday's Blowout

Feb 25, 2020 9:31 AM CST

Markets Calm After Monday's Blowout

Dow is actually up after the big plunge

(Newser) - Monday would have been a great day to avoid checking on your 401(k). Tuesday, however, is much more stable. In the first half-hour of trading, the Dow actually rose by more than 100 points on news related to the coronavirus and its effects, though it was back in the red...

Dow Sees Biggest Drop
in 2 Years Amid Outbreak Fears

MARKETS

Feb 24, 2020 3:21 PM CST

Dow Sees Biggest Drop in 2 Years Amid Outbreak Fears

It falls 1,031 points

(Newser) - The Dow Jones Industrial Average sank more than 1,000 points as the spread of the new coronavirus threatened wider damage to the global economy, the AP reports. The drop was the worst for the index in two years and wiped out its gains so far in 2020. Nervous investors...

Dow Plummets
on Coronavirus Fears

UPDATED

Feb 24, 2020 8:41 AM CST

Dow Plummets on Coronavirus Fears

Index dropped more than 900 in opening minutes

(Newser) - It's shaping up to be a brutal day on the stock market thanks to rising coronavirus fears . The Dow plunged more than 900 points in the opening minutes on Monday, before recovering a bit. At 9:40am, the index was down 778 points, or 2.6%. That follows similar...

It's Another Rough Day
on Wall Street Over Virus

MARKETS

Feb 21, 2020 3:04 PM CST

It's Another Rough Day on Wall Street Over Virus

Dow falls more than 220 points

(Newser) - Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting US companies, per the AP . The yield on the 30-year Treasury reached a record low as investors sought the safety of government bonds, driving...

Jitters Return to Stock Market

MARKETS

Feb 20, 2020 3:00 PM CST

Jitters Return to Stock Market

Dow ends day down 128

(Newser) - Stocks are closing lower on Wall Street as jitters about the economic fallout from the viral outbreak in China returned to the market, the AP reports. Major indexes started slightly higher Thursday then took a tumble in late morning trading before recovering some of their losses. The choppy trading came...

US Stocks Brush Off Latest Loss

MARKETS

Feb 19, 2020 3:00 PM CST

US Stocks Brush Off Latest Loss

And return to record highs

(Newser) - Stocks are closing higher on Wall Street, having shaken off their latest virus-induced loss, the AP reports. The gains Wednesday pushed the S&P 500 and the Nasdaq to record highs. Tech stocks helped lead the way. Apple recovered most of its loss from the prior day. Expectations are high...

Stocks Fall on Apple
Revenue Warning

MARKETS

Feb 18, 2020 3:00 PM CST

Stocks Fall on Apple Revenue Warning

Dow drops 165

(Newser) - Major US stock indexes are closing mostly lower Tuesday, as the market gives up some of its gains from the past two weeks, the AP reports. The selling, which lost some of its momentum in the final hour of trading, came as investors weighed the impact of the virus outbreak...

Dow Dips Ahead
of Long Weekend

Feb 14, 2020 3:06 PM CST

Dow Dips Ahead of Long Weekend

Markets closed on Monday for President's Day

(Newser) - Energy companies led US stock indexes lower in afternoon trading Friday, erasing modest early gains. The major indexes ended up mixed on the day: The S&P 500 gained 6 points to 3,380, the Dow fell 25 points to 29,397, and the Nasdaq rose 19 points to 9,...

China Virus Cases Spike,
US Stocks Fall

MARKETS

Feb 13, 2020 3:00 PM CST

China Virus Cases Spike, US Stocks Fall

Dow ends day down 127

(Newser) - Stocks are ending a wobbly day mostly lower as investors turn cautious following news of a surge in cases of the new virus in China, the AP reports. The latest figures dashed hopes that the spread of the outbreak was peaking, which had helped lift stocks throughout the week. The...

US Indexes
Hit More Record Highs

MARKETS

Feb 12, 2020 3:00 PM CST

US Indexes Hit More Record Highs

Solid earnings send stocks higher on Wall Street

(Newser) - Stocks are closing broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs, the AP reports. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains come as worries...

US Stocks Extend Gains

MARKETS

Feb 11, 2020 3:04 PM CST

US Stocks Extend Gains

As investors focus on latest earnings

(Newser) - Stocks are closing mostly higher as investors weigh another round of mostly solid company earnings reports, the AP reports. Health care companies and banks rose. Technology stocks fell after federal regulators said they are ramping up a probe into Microsoft and other tech giants. Cruise operators, hotels and other companies...