Stocks jump, heading for first back-to-back gain in 6 weeks
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.
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Trading halted on Wall Street after stocks plunge 7 percent at open
Worries are rising that the White House and other authorities around the world can’t or won’t do what’s needed to help soon.
Stocks fall again on Wall Street as wild swings continue
Another big central bank made an emergency cut to interest rates in hopes of blunting the economic pain caused by COVID-19, which economists call the global economy’s biggest threat. But investors are still waiting for details promised by President Donald…
Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.
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.
Through it all, the U.S. economy and consumers' appetite for spending remained resilient, supporting the market's record-shattering, year-end rally.
Stocks moved broadly lower in afternoon trading on Wall Street Wednesday as investors turned anxious about the possibility that the U.S. and China may not reach a trade deal before next year.
Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs.
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