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Damian J. Troise, Associated Press

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Damian’s Recent Stories

Economy Mar 27

Stocks drop, but hold on to weekly gains after a big rally

Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus.

Economy Mar 25

Stocks jump, heading for first back-to-back gain in 6 weeks

Stocks are adding to their gains Wednesday as Congress moves closer to passing a $2 trillion package to help the economy deal with damage caused by the coronavirus.

Economy Mar 24

Dow has best day since 1933 as Congress nears deal on aid

Despite the gains, investors were far from saying markets have hit bottom. Rallies nearly as big as this have punctuated the last few weeks, and none lasted more than a day.

Economy Mar 23

Stocks fall, despite federal aid as traders wait for Congress

Earlier, markets got a bump following the Federal Reserve's latest massive announcement of support. But the gains quickly vanished.

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.

Nation Mar 18

Stocks sink 7%, causing trading halt and recession fears

Goldman Sachs strategists describe this month as “March Sadness.”…

Economy Mar 16

Stocks plunge as Wall Street, White House see recession risk

The losses accelerated in the last hour of trading as President Donald Trump advised Americans to avoid large gatherings. He also said he sees a chance of recession and promised help to the struggling airline industry.

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.

Nation Mar 11

Stocks fall again on Wall Street as wild swings continue

Another big central bank made an emergency cut to interest rates in hopes of blunting the economic pain caused by COVID-19, which economists call the global economy’s biggest threat. But investors are still waiting for details promised by President Donald…

Nation Mar 06

Stocks fall, bond yields take another breathtaking drop

Stocks kept falling Friday and bond yields took more breathtaking drops as a brutal, dizzying couple weeks of trading showed no sign of letting up.

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