Tag: stock market

At 5:12 a.m. on April 18, 1906, the northernmost 296 miles of the San Andreas fault ruptured. The quake lasted 55 seconds, and the eastern side of the fault moved 24 feet. The shaking and…

WASHINGTON (AP) — Senate Intelligence Committee Chairman Richard Burr, R-N.C., is asking for an ethics review after coming under criticism for selling off as much as $1.7 million in stocks just before the market dropped…

NEW YORK (AP) — The vicious swings keep coming for the stock market, and the S&P 500 sank more than 5% in early trading today to erase most of the prior’s day respite. Markets have…

How much control does the president have over the U.S. economy? Not nearly as much as President Donald Trump claims when the news is good. And not nearly as much as Trump’s critics claim when…

World markets are enduring violent swings amid uncertainty about how badly the outbreak will hit the economy. An early plunge of 7% on Wall Street triggered a trading halt as a sell-off slamming global markets…

On Monday, fears were realized that the coronavirus could lead to an economic crisis. In early heavy trading, major U.S. stock indexes plunged so sharply that a so-called “circuit breaker” was tripped to halt all…

NEW YORK (AP) — Fear bludgeoned financial markets around the world Monday, and stocks, bond yields and oil plunged on metastasizing worries about the effects of the new coronavirus.  The most violent drops came from…

The Federal Reserve slashed interest rates by half a percentage point in the first such emergency move since the 2008 financial crisis, amid mounting concern that the coronavirus outbreak threatens to slow or stall the…

LOS ANGELES (AP) — This week’s big sell-off on Wall Street suggests stocks have finally caught up to the bond market, where fear of an economic slowdown has been evident for months. Signs that the…

Perhaps it was a coincidence, but it seemed a jolt to Wall Street is what has spurred White House officials to take up action against the coronavirus. On Monday, the stock market dropped by more…