Economy Mar 20 Stocks give up gains after New York tightens virus clampdown The Dow Jones Industrial Average erased an early gain of 444 points and was down 180 points, or 0.9%, in afternoon trading.
Economy Mar 18 Tumbling stocks erase nearly all Dow gains since Trump’s inauguration Even prices for investments seen as safe during downturns fell as the coronavirus outbreak chokes the economy and investors rush to raise cash.
Economy Mar 13 Stocks surge on new pandemic measures The rally came at the end of a week of turbulent trading fueled by heightened fears that the fallout from the coronavirus could bring on a global recession.
Economy Mar 12 Worst day on Wall Street since 1987 as virus fears spread The dramatic sell-off came despite a $1.5 trillion injection from the Federal Reserve — the equivalent cost of all U.S. student debt.
Economy Mar 09 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.
Economy Mar 04 Stocks soar on plans for more stimulus measures, Biden wins Health care companies helped lead the gains after Biden solidified his contender status for the Democratic presidential nomination. Investors see him as a more business-friendly alternative to Bernie Sanders.
Economy Mar 02 Dow surges 5% following a 7-day loss over virus fears The Dow Jones Industrial Average surged nearly 1,300 points, or 5%, on hopes that central banks will take action to shelter the global economy from the effects of the coronavirus outbreak.
Economy Feb 28 Stocks sink again amid coronavirus outbreak, heading for the worst week since 2008 U.S. stocks sank again on Wall Street Friday, pushing the S&P 500 index down another 2.8% and putting the market on track for its worst week since October 2008.
Economy Feb 27 Stock market sinks amid growing coronavirus concerns 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 havoc on the global economy.
Economy Feb 25 Stocks sink, bonds soar on fears coronavirus will stunt economy The losses came a day after the market's biggest drop in two years. Investors plowed money into bonds, sending the yield on the 10-year Treasury to a record low.