Mar 05 Global markets slide again amid concern over coronavirus By Associated Press Stocks are opening sharply lower on Wall Street, erasing 2% from major indexes, a day after surging 4% as the mood swings back to fear. Continue reading
Mar 03 Stocks surge after Federal Reserve makes emergency rate cut By Damian J. Troise, Associated Press U.S. stocks jumped Tuesday after the Federal Reserve made an emergency rate cut to help support the economy from the impact from the virus outbreak. 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 13 The average 401(k) hit a record high last year By Stan Choe, Associated Press The average 401(k) balance rose 17% last year to $112,300 from the end of 2018, according to a review of 17.3 million accounts by Fidelity Investments. T… Continue reading
Jan 31 Stocks drop amid uncertainty over novel coronavirus impact By Alex Veiga, Associated Press Stocks are opening lower on Wall Street amid ongoing uncertainty about the economic impact of the virus outbreak that originated in China. Continue reading
Jan 30 How novel coronavirus could affect the global economy By Gretchen Frazee International health experts say they are doing everything they can, in partnership with China, to contain the virus. Whether they are successful over the coming days and weeks could determine whether the virus ends up being relatively minor hit or… Continue reading
Aug 05 Stocks plunge on Wall Street over escalating trade war By Stan Choe, Damian J. Troise, Associated Press The escalations in the trade war between the world's largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation. Continue reading
Jun 20 S&P 500 index closes at a record high By Associated Press The rally came as investors balanced optimism over the possibility that the Federal Reserve could cut interest rates in response to a slowing economy and jitters about the prospects of dimmer corporate profits should a severe slowdown take hold. Continue reading
Jun 10 U.S. stocks climb after U.S. suspends tariff threat on Mexican goods By Damian J. Troise, Alex Veiga, Associated Press Some trade jitters eased a bit Monday, at least in regard to the trade spat between the U.S. and Mexico. Continue reading
May 29 U.S. stocks on track for 1st monthly loss of 2019 after another sell-off By Damian Troise, Alex Veiga, Associated Press The latest market slide comes as investors worry that the trade war between the U.S. and China will derail global economic and corporate profit growth as it drags on with no sign of a resolution. Continue reading