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
Dec 24 Watch 8:34 Tamara Keith and Amy Walter on Mattis departure, government shutdown Amy Walter of the Cook Political Report and Tamara Keith of NPR join Nick Schifrin to discuss the accelerated departure of Defense Secretary Jim Mattis, why the ongoing government shutdown grants President Trump the fight he desires and how the… Continue watching
Dec 24 What history teaches us about the latest stock market plunge By Paul Solman How are today’s stock investors going to react if the market continues to plummet?… Continue reading
Nov 28 Stocks make biggest gain in months as Powell hints at slower interest rate hikes By Marley Jay, Associated Press In a speech to the Economic Club of New York, Powell said that rates are close to "neutral," the level at which they neither hold back growth nor aid it. That relieved investors who feel the nine-year-old bull market could… Continue reading
Feb 05 Dow plunges more than 1,000 points Monday after major drop last week By Daniel Bush The Dow dropped by as many as 1,500 points, before rebounding to close the day down nearly 1,200 points. Continue reading
Jan 07 Watch 5:01 What does the market crash say about China’s economy? By PBS News Hour The Chinese stock market dropped 7 percent in the first 29 minutes of trading, before shutting down to stem further losses. China’s second major crash in the past four days drove investor skittishness around the globe, including a Dow loss… Continue watching