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Damian J. Troise, Associated Press

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Damian’s Recent Stories

Economy Mar 03

Stocks surge after Federal Reserve makes emergency rate cut

U.S. stocks jumped Tuesday after the Federal Reserve made an emergency rate cut to help support the economy from the impact from the virus 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 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 27

Global stocks tumble on coronavirus fears

Besides the threat to people's lives and health, investors are worried about how much damage the virus will do to profits for companies around the world.

World Dec 13

Markets have muted reaction to long-awaited China trade deal

After months of waiting, markets had a muted reaction to news that the US and China had reached an initial deal on trade. The agreement means that the US won't impose new tariffs on Chinese goods that had been set…

Economy Nov 20

Stocks slip amid new hurdle in trade deal with U.S. and China

Investors are hoping the nations can reach a deal before new tariffs become effective in December and further threaten economic growth.

Economy Aug 05

Stocks plunge on Wall Street over escalating trade war

The escalations in the trade war between the world's largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation.

Economy Jun 10

U.S. stocks climb after U.S. suspends tariff threat on Mexican goods

Some trade jitters eased a bit Monday, at least in regard to the trade spat between the U.S. and Mexico.

Economy May 29

U.S. stocks on track for 1st monthly loss of 2019 after another sell-off

The latest market slide comes as investors worry that the trade war between the U.S. and China will derail global economic and corporate profit growth as it drags on with no sign of a resolution.

Economy May 13

Escalating U.S.-China trade war sinks stock indexes

Technology companies, which do a lot of business with China and would stand to lose greatly in an extended trade battle, fell far more than the rest of the market Monday.

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