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.
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…
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.
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.
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 03 U.S. stocks fall after surprise rate cut from Fed After popping to a 1.5% gain shortly after the Fed's announcement, the S&P 500 swung between modest gains and losses for about an hour before turning decisively lower in the late morning.
Economy Feb 28 What history can teach us about the latest stock market correction Corrections can be scary, but they can also be healthy events, eliminating excesses that have built up after extended runs of market optimism.
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 13 The average 401(k) hit a record high last year The average 401(k) balance rose 17% last year to $112,300 from the end of 2018, according to a review of 17.3 million accounts by Fidelity Investments. T…