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
Feb 24 Russian attack on Ukraine rocks global markets and oil soars By Associated Press Market benchmarks in Europe and Asia fell as much as 5% as traders tried to figure out how large Putin's incursion would be and the scale of Western retaliation. Continue reading
Jul 19 Stocks skid as investors fear virus surge will dent recovery By Stan Choe, Alex Veiga, Damian J. Troise, Associated Press Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around the world will threaten the economic recovery. Continue reading
Mar 31 Stocks fall, capping Wall Street's worst quarter since 2008 By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Massive aid for the economy and markets from the Federal Reserve and Capitol Hill have helped spur some buying, although the S&P 500 and the Dow fell more than 1.5% Tuesday. Continue reading
Mar 24 Dow has best day since 1933 as Congress nears deal on aid By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Despite the gains, investors were far from saying markets have hit bottom. Rallies nearly as big as this have punctuated the last few weeks, and none lasted more than a day. Continue reading
Mar 16 Watch 4:30 What lessons from 2008 financial crisis can be applied to coronavirus economic fallout? Financial panic rocked world markets Monday. All three major U.S. stock indices were down over 10 percent, despite extraordinary action Sunday by the Federal Reserve to cut a key interest rate to zero. But the painful economic implications of the… Continue watching