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Stocks plunged Wednesday as fresh concerns about the coronavirus’s economic toll dampened optimism on Wall Street. The Dow Jones industrial average tumbled as much as 716.44 points, or nearly 3 percent, giving back the prior day’s 2.7 percent jump on hopes that virus-battered economies could reopen before too long. The S&P 500 also slid as …
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US stocks climbed Tuesday as Wall Street once again grew optimistic about the path of coronavirus crisis while grappling with grim earnings reports from major companies. The Dow Jones industrial average jumped as many as 628.28 points, or 2.6 percent, in early trading following a 1.4 percent drop Monday. The S&P 500 posted an early …
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US stocks jumped again Thursday after the Federal Reserve announced its latest effort to shore up the nation’s coronavirus-battered economy. The Dow Jones industrial average rose as much as 561.45 points, or about 2.4 percent, in early trading following the central bank’s announcement of a $2.3 trillion loan program to help households, employers and local …
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US stocks posted early gains Wednesday even as the nation’s coronavirus death toll continued to mount. The Dow Jones industrial average rose as much as 349.75 points, or 1.5 percent, as hopes about the pandemic peaking persisted on Wall Street. The S&P 500 and Nasdaq composite also climbed as much as 1.3 and 1.4 percent, …
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US stocks jumped again Tuesday as Wall Street nursed hopes that the coronavirus crisis finally may be peaking. The Dow Jones industrial average surged as much as 937.25 points, or 4.1 percent, at the open amid signs that the pandemic is slowing — including reports that Tuesday was the first day that China, where the …
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Stocks surged Monday amid signs that the coronavirus crisis is easing in some hard-hit places even as US officials warned of a brutal week ahead. The Dow Jones industrial average jumped as much as 1,082.97 points, or about 5.1 percent, in early trading as the number of virus fatalities appeared to slow in Italy, France, …
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US stocks tumbled Friday after a brutal monthly jobs report gave Wall Street more proof of how hard the coronavirus pandemic has hit the economy. The Dow Jones industrial average dropped −360.91 points, or 1.7 percent, to 21,052.53 after the feds’ March jobs report said the US economy lost 701,000 jobs last month, bringing the …
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US stocks held steady Friday even after a brutal monthly jobs report gave Wall Street more proof of how hard the coronavirus pandemic has hit the economy. The Dow Jones industrial average was off just 58.23 points, or 0.2 percent, as of 10:05 a.m. after an opening 0.7 tumble on the heels of the feds’ …
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Stocks rallied Thursday as rising oil prices overcame Wall Street’s worries about the coronavirus gutting the US labor market. The Dow Jones industrial average climbed as much as 534.26 points, or 2.5 percent, on hopes of a detente in the oil-price war between Russia and Saudi Arabia. The blue-chip index reversed the early losses it …
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Stocks sank for the third day in a row on Thursday as a massive spike in US unemployment claims roiled Wall Street. The Dow Jones industrial average dropped as much as 167.81 points, or 0.8 percent, at the open after the feds revealed more than 6.6 million people filed initial jobless claims last week as …
Stocks plunged Wednesday as fresh concerns about the coronavirus’s economic toll dampened optimism on Wall Street. The Dow Jones industrial average tumbled as much as 716.44 points, or nearly 3 percent, giving back the prior day’s 2.7 percent jump on hopes that virus-battered economies could reopen before too long. The S&P 500 also slid as …
