Mar 10 Global markets pick up after plunge on virus, oil By Joe McDonald, Associated Press 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. 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
Dec 26 How did markets behave in 2019? Record stocks, lower rates, so-so IPOs By Alex Veiga, Associated Press Through it all, the U.S. economy and consumers' appetite for spending remained resilient, supporting the market's record-shattering, year-end rally. Continue reading
Nov 20 Stocks slide on Wall Street over new trade war concerns By Alex Veiga, Associated Press 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. Continue reading
Nov 15 Stocks end week of milestones at new highs. Dow tops 28,000 By Alex Veiga, Associated Press 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. Continue reading
Nov 13 Wobbly day on Wall Street ends mixed By Alex Veiga, Associated Press Wall Street capped a wobbly day for stocks with another record-setting finish Wednesday. Continue reading
Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December. Continue watching
May 07 Rising U.S.-China trade tensions rattle financial markets By Alex Veiga, Associated Press The Dow Jones Industrial Average tumbled more than 470 points Tuesday as the U.S. and China moved closer to an escalation of their already costly trade war. Continue reading
Dec 19 WATCH: Fed lifts rates for 4th time this year but sees fewer hikes ahead By Martin Crutsinger, Associated Press The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifted the Fed's benchmark rate to its highest point since 2008. The increase will mean higher borrowing costs for many consumers and businesses. Continue reading
Nov 28 Watch 5:55 News Wrap: Market rises on signs interest rate hikes may slow Wall Street saw gains across the Dow Jones, the Nasdaq and the S&P 500 amidst signs interest rate hikes might slow. Fed chairman Jerome Powell acknowledged that “moving too fast” could jeopardize economic growth, although he also cautioned against going… Continue watching