Wall Street drifts as week of erratic swings comes to close
Stocks are drifting in early trading on Wall Street Friday, the latest eddies in a week full of erratic swings driven by worries about rising coronavirus counts.
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News Wrap: Ukraine wildfires cause surge in air pollution near Kyiv
In our news wrap Friday, smoke from wildfires outside Ukraine’s capital of Kyiv has elevated its air pollution levels to the highest in the world. The fires erupted earlier this month, burning close to the defunct Chernobyl nuclear plant. Also,…
Stocks rise worldwide, lifted by hopes for virus progress
Stocks are rising Friday as investors latch onto strands of hope about progress in the fight against the coronavirus.
Stocks slide worldwide as coronavirus infections keep soaring
Treasury yields sank as investors moved into safer investments. Stocks worldwide fell following a weak reading on Japanese business sentiment and after big British banks cut their dividends to preserve cash. …
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus.
Stocks are adding to their gains Wednesday as Congress moves closer to passing a $2 trillion package to help the economy deal with damage caused by the coronavirus.
President Trump held a contentious news conference Friday in which he downplayed issues with testing for COVID-19 and promised further executive action to fight the pandemic. Meanwhile, the Senate is rushing to draft a third coronavirus relief bill -- but…
Even prices for investments seen as safe during downturns fell as the coronavirus outbreak chokes the economy and investors rush to raise cash.
With a global recession looking increasingly likely, a finance scholar offers guidance on how to ride it out.
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