Mar 13 Stocks surge on new pandemic measures By Alex Veiga, Damian J. Troise, Associated Press The rally came at the end of a week of turbulent trading fueled by heightened fears that the fallout from the coronavirus could bring on a global recession. Continue reading
Mar 12 Worst day on Wall Street since 1987 as virus fears spread By Stan Choe, Alex Veiga, Associated Press The dramatic sell-off came despite a $1.5 trillion injection from the Federal Reserve — the equivalent cost of all U.S. student debt. Continue reading
Mar 09 WATCH: Trump to request payroll tax relief to calm financial markets By Zeke Miller, Associated Press Trump told reporters Monday that the administration was seeking "very substantial relief."… Continue reading
Mar 09 Dow drops 7.8% as free-fall in oil, virus fears slam markets By Stan Choe, Alex Veiga, Associated Press 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. Continue reading
Mar 02 Dow surges 5% following a 7-day loss over virus fears By Alex Veiga, Associated Press The Dow Jones Industrial Average surged nearly 1,300 points, or 5%, on hopes that central banks will take action to shelter the global economy from the effects of the coronavirus outbreak. Continue reading
Feb 25 Stocks sink, bonds soar on fears coronavirus will stunt economy By Alex Veiga, Stan Choe, Associated Press 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. Continue reading
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… Continue watching
Jan 03 Stocks take a beating after Apple reports iPhone sales slip By Marley Jay, Associated Press The rare warning of disappointing results from Apple stoked investors' fears that the world's second-biggest economy is losing steam and that trade tensions between Washington and Beijing are making things worse. The Dow Jones Industrial Average plunged 660 points. Continue reading
Dec 26 Wall Street makes holiday rebound with its best day in 10 years By Alex Veiga, Associated Press The Dow Jones Industrial Average shot up more than 1,000 points — its biggest single-day point gain ever — rising nearly 5 percent as investors returned from a one-day Christmas break. Continue reading
Dec 25 Watch 5:47 Does the president have legal authority to fire the Fed chair? President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire Powell. But does he have the legal authority to do so? New York Times correspondent Binyamin Appelbaum… Continue watching