Stocks Tumble As Federal Reserve Eyes Interest Rate Hikes

posted in: News, United States

The Dow Jones dropped by more than 700 points Monday morning, while the NASDAQ and S&P 500 were down 440 points and 120 points, respectively. Stocks sank in morning trading on Wall Street Monday, putting the benchmark S&P 500 on … Read More

Dow surges over 900 points amid coronavirus vaccine progress as lockdowns ease

Drugmaker Moderna received positive coronavirus trial results U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 24597.37 +911.95 +3.85% SP500 S&P 500 2953.91 +90.21 +3.15% … Read More

S&P 500 plunges 7% in minutes, trading halted marketwide as financial contagion worsens

posted in: News, United States

The US stock market plunged as much as 7% immediately after regular trading began on Monday, prompting the first halt since the depths of the financial crisis in December 2008. The losses came amid a raging global oil-price war and … Read More

Dow, S&P and Nasdaq score biggest point gains ever as stocks make coronavirus comeback

Stocks registered a robust rebound after the worst week since the financial crisis U.S. equity markets surged Monday as Wall Street rebounded from its worst week since the financial crisis and has President Trump and U.S. health officials made more progress in … Read More

U.S., global markets plunge as coronavirus cases spike outside China

The Dow, S&P 500 and Nasdaq are in steep decline as the deadly outbreak expands in South Korea, Italy, and Iran. Financial markets sounded the alarm Monday about the relentless spread and widening economic impact of the coronavirus, which after … Read More

Dow plunges 650 points in worst Christmas Eve trading session ever

U.S. stocks on Monday posted their worst Christmas Eve session ever, as a perfect storm of concerns drove investors to bail out of a market that was already badly bruised. The blue-chip Dow Jones Industrial Average had its steepest drop … Read More