Stocks drop amid uncertainty over novel coronavirus impact
Stocks are opening lower on Wall Street amid ongoing uncertainty about the economic impact of the virus outbreak that originated in China.
How did markets behave in 2019? Record stocks, lower rates, so-so IPOs
Through it all, the U.S. economy and consumers' appetite for spending remained resilient, supporting the market's record-shattering, year-end rally.
S&P 500 index closes at a record high
The rally came as investors balanced optimism over the possibility that the Federal Reserve could cut interest rates in response to a slowing economy and jitters about the prospects of dimmer corporate profits should a severe slowdown take hold.
WATCH: Trump pledges $16 billion to farmers, markets buckle over trade impasse
President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute.
In our news wrap Tuesday, President Trump blasted congressional Democrats over a series of new investigations into his administration. The House Judiciary Committee is seeking information from 81 people linked to the president, who calls the probes “a disgrace.” Also,…
In our Friday news wrap, Somali forces battled al-Shabab militants in Mogadishu, killing the attackers to end a siege that left 29 civilians dead. Also, Otto Warmbier's parents rebuked President Trump for not holding North Korean leader Kim Jong Un…
In our news wrap Wednesday, Pakistan said it shot down two Indian warplanes and captured one pilot amid escalating tensions over Kashmir; India said it lost a single plane and pilot. Pakistan’s prime minister called for “dialogue” between the two…
In our Monday news wrap, President Trump is heading to Vietnam for his second summit with North Korea’s leader, Kim Jong Un, but he’s downplaying expectations around getting Kim to give up his country’s nuclear weapons. Meanwhile, House Democrats are…
In our Friday news wrap, the Trump administration announced it will bar federally funded family-planning clinics from referring women for abortions. Abortion opponents applauded the move, while abortion rights advocates condemned it. Also, R&B star R. Kelly will face multiple…
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