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Damian J. Troise, Associated Press

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Damian’s Recent Stories

Economy Aug 01

Wall Street takes worst tumble since May after employers slash hiring and new tariffs roll out

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners.

Economy Jun 27

U.S. stocks close at an all-time high just months after plunging from Trump trade worries

The gains on Friday were broad, with nearly every sector within the S&P 500 rising.

Economy Apr 23

How Tesla and other companies are dealing with tariff turmoil

Tariff and trade shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales.

Economy Mar 04

Stocks fall as trade war between U.S. and key partners escalate, wiping out S&P 500 post-election gains

The benchmark index fell 1.2% and the Dow Jones Industrial Average shed 670 points, or 1.6%, The Nasdaq slipped 0.4% despite a rebound in big tech stocks such as Nvidia.

Economy Jan 17

Stocks edge lower on Wall Street amid uncertain trading

Stocks edged mostly lower in uncertain trading on Wall Street to kick off a holiday-shortened, but earnings-heavy week.

Economy Dec 16

Wall Street loses ground amid recession talks, marking 2nd straight weekly loss

Stocks ended lower on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that's what it takes to get inflation under control.

Economy Dec 05

U.S. stocks slide as investors weigh economic data, continued inflation fight

Stocks are broadly lower on Wall Street as investors weigh a surprisingly good economic report that highlights the Federal Reserve's difficult fight against high inflation.

Economy Nov 08

Stocks up on Wall Street in anticipation of election

Stocks rose on Wall Street as Americans head to the polls to vote in midterm elections that are being heavily influenced by inflation and the threat of a recession.

Economy Oct 28

Strong corporate earnings drive another week of Wall Street gains

Technology stocks led a broad rally on Wall Street Friday, capping another strong week for the market, as investors welcomed solid profits from Apple and other companies.

Economy Oct 13

After rocky morning, stocks mount biggest comeback in years

The S&P 500 jumped to a gain of 2.6 percent, a stunning reversal after earlier being down as much as 2.4 percent and touching its lowest level in nearly two years.

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