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Alex Veiga, Associated Press

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Alex’s Recent Stories

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.

Economy Feb 24

Dow drops more than 1,000 points as coronavirus threatens the economy

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.

Economy Jan 31

Stocks drop amid uncertainty over novel coronavirus impact

Stocks are opening lower on Wall Street amid ongoing uncertainty about the economic impact of the virus outbreak that originated in China.

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