Economy Jul 10 Wall Street drifts as week of erratic swings comes to close Stocks are drifting in early trading on Wall Street Friday, the latest eddies in a week full of erratic swings driven by worries about rising coronavirus counts. By Stan Choe, Associated Press
Economy Jan 03 Watch 2:58 Why a ‘veil of uncertainty’ is causing global market volatility Global markets dropped after Apple CEO Tim Cook announced unforeseen sales declines for iPhones in China. Why is the Chinese economy so important to American business, and what's at the root of global market volatility? Diane Swonk, chief economist with…
World Dec 27 Watch 6:02 News Wrap: Government shutdown will last into new year In our news wrap Thursday, with no progress in sight on resolving the partial shutdown, the Senate recessed until next Wednesday, the day before the new Congress convenes. Also, Indonesian authorities are sounding new warnings about the volcano that triggered…
Economy Dec 26 Watch 2:32 How computerized trading exacerbates market volatility, including on a record-setting day After several days of major losses, the Dow Jones Industrial saw its largest single-day gain ever, more than 1,000 points, as the markets reopened after Christmas. Since not much has changed in terms of policy, what’s at the root of…
Apr 17 How a single computer system failure halted global financial markets By Marina Lopes Traders pay upwards of $20,000 a year for access to the service, which serve as their eyes and ears into financial markets around the world. Bloomberg blamed the two-hour outage on internal network issues. Continue reading
Mar 13 Watch 4:45 Why good economic news spooked markets this week By PBS News Hour Anxiety over interest rates, the dollar and falling oil prices drove volatility in the financial markets this week; even good news seemed to upset investors. Judy Woodruff talks to Mark Vitner of Wells Fargo about what’s causing the turmoil and… Continue watching
Sep 26 Watch Amid New Strikes in Greece, ‘a Constant Tension in the Air’ The Greek Parliament is set to vote Tuesday on a key part of a new austerity package that would include a new property tax paid through electricity bills. Jeffrey Brown discusses efforts to keep the nation from defaulting with freelance… Continue watching
Apr 18 Watch In Downgrading U.S. Rating, Standard & Poor’s Fires ‘Warning Shot’ Jitters in Markets After Ratings Agency Downgrades U.S. Debt… Continue watching
Apr 27 Watch Global Markets Rankle Over Greece’s Deepening Debt Crisis Downgrades of Greece's debt rating to junk status sent markets tumbling in Europe and the U.S. Gwen Ifill talks to financial expert Eswar Prasad about the far-reaching effects of the European nation's economic crisis. Continue watching