Apr 03 WATCH: Trump says market plunge ‘expected’ a day after announcing broad tariffs By Darlene Superville, Associated Press President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it's going very well."… Continue reading
Apr 03 Dow tumbles more than 1,600 the day after Trump’s major tariff announcement By Stan Choe, Associated Press Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents, including his own. Continue reading
Mar 28 S&P 500 drops 2 percent amid worries about slower economy, higher inflation By Stan Choe, Associated Press Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war. Continue reading
Mar 11 What is a recession? Here’s why anxiety is rising about falling into one By Christopher Rugaber, Associated Press For now, the economy appears to be stable. Still, fears of a downturn are rising as investors, economists and business executives are realizing that President Donald Trump's import taxes are much more at the forefront of his economic policy this… Continue reading
Mar 11 WATCH: Trump speaks to the Business Roundtable after day of tariff drama with Canada By Josh Boak, Rob Gillies, Michelle L. Price, Associated Press President Donald Trump participated in a question and answer session Tuesday afternoon with the Business Roundtable, a trade association of CEOs that during the 2024 campaign he wooed with the promise of lower corporate tax rates for domestic manufacturers. But… Continue reading
Sep 19 Wall Street soars to record highs in a global market rally after Fed’s interest rate cut By Stan Choe, Associated Press The S&P 500 jumped 1.7 percent for one of its best days of the year and topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points, or 1.3 percent, to beat its own record set… Continue reading
Aug 09 Wall Street unsteady as markets try to recoup losses from eventful week By Matt Ott, Associated Press Broadly strong earnings reports have helped buoy the market in a week that began with an anxious sell-off on concerns about the labor market and broader economy. Continue reading
Aug 02 Unemployment rise shakes stock markets, yet recession signals have been wrong — so far By Christopher Rugaber, Paul Wiseman, Associated Press The U.S. economy used to flash reliable signals when it was in or near a recession. But those red lights have gone haywire since the COVID-19 pandemic struck and upended normal business activity. Over the past two or three years,… Continue reading
Oct 28 Strong corporate earnings drive another week of Wall Street gains By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Technology stocks led a broad rally on Wall Street Friday, capping another strong week for the market, as investors welcomed solid profits from Apple and other companies. Continue reading
Oct 01 Watch 5:23 What to know about the reeling financial markets right now By Geoff Bennett, Claire Mufson The Dow Jones Industrial Average saw its worst September since 2002 and its worst monthly drop since March 2020. And the S&P 500 and NASDAQ are on track to experience their first three-quarter losing streaks since 2009. Roben Farzad, host… Continue watching