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US stocks tumbled Tuesday after a six-day rally that had briefly left the S&P 500 index in positive territory for the year. The Dow Jones industrial average dropped as much as 421.38, or 1.5 percent, to 27,151.06 by midday, as doubts resurfaced about the US economy’s ability to recover from the coronavirus crisis. The blue-chip …
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US stocks climbed again Monday as Wall Street clutched onto optimism about the economy recovering from the coronavirus crisis. The Dow Jones industrial average soared as much as 314.90 points, or 1.1 percent, to 27,425.88 by midday, building on Friday’s 829-point rally fueled by a shockingly strong jobs report. The tech-heavy Nasdaq rose as much …
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A global pandemic, racial strife, political upheaval — and a rising stock market amid the chaos. While it sounds a lot like 2020 it also has echoes all the way from 1968. Both years featured history-making levels of tumult, and both could end up being good years for investors. While the current market still has some …
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US stocks slid Monday as Wall Street grappled with mounting unrest over police brutality and continued tensions with China. The Dow Jones industrial average dropped as much as 140.82 points, or 0.5 percent, to 25,242.29 at the open, while the S&P 500 fell as much as 0.4 percent and the tech-heavy Nasdaq lost as much …
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US stocks tumbled Friday as Wall Street anxiously waited for President Trump to announce his next economic salvo against China. The Dow Jones industrial average slid as much as 368.97 points, or 1.4 percent, to 25,031.67 ahead of Trump’s 2 p.m. news conference, where he’s expected to detail the US response to China’s recent crackdown …
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The Justice Department has dropped insider-trading investigations into three U.S. senators but remains focused on Senator Richard Burr (R., N.C.), according to multiple reports. Prosecutors have informed attorneys for Senators Kelly Loeffler (R., Ga.), Dianne Feinstein (D., Calif.), and Jim Inhofe (R., Okla.) that they were no longer under investigation for selling off millions in …
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US stock indexes dropped on Friday as Sino-US tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus. President Donald Trump’s statement on China’s plan for a national security law in Hong Kong on Thursday raised concerns over Washington and Beijing possibly reneging on their Phase-1 trade deal. Fears of …
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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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The Nasdaq Stock Market notified the Chinese cafe chain Luckin Coffee that it plans to delist it from the U.S. stock exchange, the company said Tuesday. The Listing Qualifications Staff cited two reasons in their written notice for the decision to delist, the company said in a regulatory filing, including “public interest concerns” related to …
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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 …
US stocks tumbled Tuesday after a six-day rally that had briefly left the S&P 500 index in positive territory for the year. The Dow Jones industrial average dropped as much as 421.38, or 1.5 percent, to 27,151.06 by midday, as doubts resurfaced about the US economy’s ability to recover from the coronavirus crisis. The blue-chip …
