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US stocks jumped Wednesday as continued hopes for a recovery from the coronavirus crisis helped investors shake off questions about a potential vaccine. The Dow Jones industrial average climbed as much as 359.73 points, or 1.4 percent, to 24,566.59 in early trading to recover most of the prior day’s 390-point loss. The S&P 500 and …
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US stocks slid Tuesday as investors reined in their optimism about a promising coronavirus vaccine. The Dow Jones industrial average dipped as much as 135.71 points, or 0.5 percent, to 24,461.66 in early trading to give back some its 900-point Monday rally. Hardware store chain Home Depot led the blue-chip index lower with its shares …
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US stocks surged Monday on hopes for a coronavirus vaccine that could allow the global economy to emerge from its pandemic-induced coma. The Dow Jones industrial average jumped as much as 701.31 points, or 2.9 percent, to 24,386.73 at the open after biotech firm Moderna reported promising results from a small human trial of its …
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US stocks tumbled Wednesday as Federal Reserve boss Jerome Powell warned the coronavirus could leave the economy with lasting scars. The Dow Jones industrial average fell as much as 292.48 points, or 1.2 percent, to 23,472.30 in early trading after Powell said the pandemic poses “significant downside risks” to the nation’s economic recovery. The S&P …
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US stocks slid Thursday as Wall Street winced at new data showing the coronavirus crisis has put more than 30 million Americans out of work in just six weeks. The Dow Jones industrial average dropped as much as 378.26 points, or 1.5 percent, to 24,255.60 in early trading after the US Department of Labor said …
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US stocks rallied Wednesday as the apparent success of an experimental coronavirus treatment boosted Wall Street’s hopes for an end to the crisis. The Dow Jones industrial average surged as much as 547.64 points, or 2.2 percent, to 24,649.19, after Gilead Sciences said it was aware of “promising data” from a government-backed study of remdesivir, …
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US stocks ticked up Thursday as rising oil prices helped Wall Street shrug off another surge in Americans filing for unemployment benefits. The Dow Jones industrial average climbed as much as 227.85 points, or 0.9 percent, in early trading despite the US Labor Department reporting 4.4 million initial jobless claims last week, bringing the number …
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US stocks and oil prices rebounded Wednesday as the US government and several states unleashed fresh initiatives to combat the coronavirus fallout, including nearly $500 billion in federal stimulus. The Dow Jones industrial average climbed as much as 475.73 points, or 2 percent, to 23,494.61 in early trading after shedding more than 1,200 points in …
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US stocks surged early Friday as Wall Street cheered a promising coronavirus treatment as well as President Trump’s push to reopen the US economy. The Dow Jones industrial average jumped as much as 612.52 points, or 2.6 percent, in early trading following a report that Gilead Sciences’ Ebola drug remdesivir is helping coronavirus patients recover …
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US stocks ticked up Thursday as Wall Street tried to brush off another surge in unemployment filings amid the coronavirus crisis. The Dow Jones industrial average climbed as much as 62.01 points, or 0.2 percent, at the open despite the US Department of Labor reporting another 5.2 million initial jobless claims last week. The staggering …
US stocks jumped Wednesday as continued hopes for a recovery from the coronavirus crisis helped investors shake off questions about a potential vaccine. The Dow Jones industrial average climbed as much as 359.73 points, or 1.4 percent, to 24,566.59 in early trading to recover most of the prior day’s 390-point loss. The S&P 500 and …
