Investor’s Business Daily reports: The Dow Jones Industrial Average pared a 2,000+ point intraday loss by half after the Federal Reserve announced additional stimulus measures to combat a spreading coronavirus outbreak in the U.S. But it didn’t take long for sellers to come back into the stock market. On the NYSE, declining stocks swamped advancers by more than 35-to-1. Nasdaq …
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NYSE Halts Trading After 1700-Pt Plunge At Opening
NBC News reports: The Dow Jones Industrial Average fell by 1,700 points Thursday morning after President Donald Trump’s long-awaited response to the coronavirus epidemic triggered a massive sell-off on Wall Street. All three major averages sank after Trump’s Oval Office address Wednesday night failed to satisfy traders who were hoping for more concrete steps to staunch any economic slowdown from …
Read More »Dow Jones Ends 11-Year Bull Run With 1460-Point Loss
Investor’s Daily reports: The Dow Jones Industrial Average dropped more than 5.2% to retrace all of Tuesday’s rebound and more in the stock market today. At the day’s low of 23,606, the Dow industrials also fell 20.2% below its 29,568 peak to meet the textbook definition of a bear market-level decline. Among the biggest losers on the 30-stock Dow industrials, …
Read More »Dow Jones Plummets 2023 Pts, Worst Day Since 2008
The Associated Press reports: Coronavirus fears and a crash in oil prices sent a shudder through financial markets Monday, with stocks plummeting so fast on Wall Street that they triggered the first automatic halt in trading in over two decades. The Dow Jones Industrial Average plunged more than 2,000 points at one point during the day, or nearly 8 percent, …
Read More »NYSE Halts Trading As Stocks Plummet At Opening Bell
USA Today reports: U.S. stock futures and bond yields tumbled Monday, extending a global rout after a sharp drop in crude prices intensified concerns about a global recession. Dow futures tumbled 1,255 points while Standard & Poor’s 500 futures sank 4.9%. Futures contracts hit a 5% daily down limit on Sunday evening, triggering a halt in trading. On Monday, the …
Read More »Markets Continue Wild Ride, Dow Skids 979 Points
Investor’s Daily reports: As the coronavirus upends more aspects of life in the United States, Wall Street’s only certainty is this: The uncertainty will continue. The Dow Jones industrial average closed down 969 points Thursday as investors fled stocks and headed for the safety of U.S. debt. The 3.6 percent skid canceled out most of Wednesday’s eye-popping rally, and was …
Read More »Biden’s Wins Send Health Stocks Soaring, Dow +1173
ABC News reports: Stocks surged on Wednesday as major victories from former Vice President Joe Biden during Super Tuesday sparked a massive rally within the health-care sector. The Dow Jones Industrial Average soared 1,173.45 points higher, or 4.5%, to 27,090.86. The S&P 500 jumped 4.2% to 3,130.12, while the Nasdaq Composite advanced 3.8% to 9,018.09. The Dow posted its second-highest …
Read More »Dow Plummets 800 Points Despite Fed’s Rate Cut
NBC News reports: The Federal Reserve’s historic, emergency rate cut was not enough to assuage Wall Street on Tuesday, with the Dow Jones Industrial Average plunging wildly to end the day down by almost 800 points. Nervous traders loaded up all day on “safe haven” assets such as gold and Treasury notes — pushing yields to record levels — amid …
Read More »Dow Closes Up 1300 Points After Historically Bad Week
CNBC reports: Stocks rose sharply in volatile trading on Monday, clawing back out of correction territory and regaining a big chunk of their losses from Wall Street’s worst week since 2008. The Dow Jones Industrial Average closed 1,293 points higher, or 5.1%. The S&P 500 and the Nasdaq Composite climbed 4.6% and 4.5%, respectively. Those gains snapped seven-day losing streaks …
Read More »DOW Sheds 3500+ Points In Worst Week Since 2008
The New York Times reports: Stocks tumbled for a seventh consecutive day on Friday, with the S&P 500 index falling about 0.8 percent, bringing its loss for the week to more than 11 percent. It was the worst weekly decline for stocks since the 2008 financial crisis. In early October that year, the S&P 500 fell about 18 percent. The …
Read More »Dow Plummets Another 1000 Points At Opening Bell
NBC News reports: The stock market cratered again on Friday, marking the seventh day of a massive sell-off sparked by rising fears about the coronavirus epidemic. The Dow Jones Industrial Average plunged by 1000 points at the opening bell, with the S&P 500 and the Nasdaq each falling by 3 percent. The meltdown comes as traders appear to lose any …
Read More »Dow Jones Craters Another 1200 Points On Virus Fears
MarketWatch reports: Investors’ growing fears about virus outbreak sends Dow Jones Industrial Average down about 1,200 points. At last check, the decline would rank within the top 20 for the Dow’s steepest weekly selloffs, with a drop of 9.18%, according to FactSet data. The worst week for the Dow was the 18.15% drop during the period ended Oct. 10, 2008, …
Read More »Stock Market Plummets For Second Day On Virus Fears
Investor’s Business Daily reports: The Dow Jones fell another 878 points on Tuesday, after Monday’s 1,000-plus point drop. Stocks continued to sell off in heavy volume. Visa and UnitedHealth were among the worst Dow performers. As the coronavirus is remains uncontained, its effects continue to infect the stock market while investors weigh the potential damage on the global economy. As …
Read More »Dow Jones Craters 1000+ Points On Coronavirus Fears
MarketWatch reports: US markets continue to plunge on reports of increasing numbers of cases of the Coronavirus being identified outside China. The Dow Jones dropped by more than 1,000 points (3.7 percent) on Monday, while the S&P 500 dropped 3.5 percent and the Nasdaq index lost as much as 4 percent. Investors are increasingly worried about the economic impact of …
Read More »WINNING: Stock Market Plummets Another 661 Points
Investors Business Daily reports: A big haircut in the quarterly revenue outlook for Apple sent U.S. shares tail-spinning in what has become a common refrain in stocks today for the past few months. The Dow Jones industrial average and the Nasdaq composite acted as co-leaders of the sell-off, each falling 2.8% to 3% and ending practically at the session’s low. …
Read More »Stocks Suffer Worst Year Since 2008 Banking Crisis
The New York Post reports: The stock market ended a miserable year on a positive note but still closed out 2018 with its worst showing in a decade. After setting a series of records through the late summer and early fall, major US indexes fell sharply after early October, leaving them all in the red for the year on Monday. …
Read More »Stock Bounce Back With Dow Jones Soaring 1000+ Pts
Bloomberg reports: U.S. stocks staged one of the biggest rallies of the 9 1/2 year bull market after coming withing points of seeing it end, with major indexes surging at least 4.9 percent. Crude jumped almost 10 percent. All but one member of the S&P 500 advanced, the Dow Jones Industrial Average jumped more than 1,050 points and the Nasdaq …
Read More »WINNING: Dow Jones Plummets Another 650 Points
CNN reports: Markets took a wild ride on Monday after Treasury Secretary Steven Mnuchin’s attempts to calm investors backfired. Stocks had recovered late morning, but then fell to their lowest level for the day after President Donald Trump tweeted mid-morning, “The only problem our economy has is the Fed.” Investors are concerned that Trump may fire Federal Reserve Chairman Jerome …
Read More »SHUTDOWN MAN: Dow Sees Worst Week In Decade
Yahoo Finance reports: U.S. stocks plunged Friday, extending a crushing week of declines for the major equity indices. The S&P 500 fell 2.06%, or 50.76 points, as of market close and is down 7% this week. This was the worst week for the S&P 500 since August 2011. The Dow slid 1.82%, or 417.11 points. The index fell 6.75% for …
Read More »SHUTDOWN MAN: Stocks Tumble Another 500 Points
The Street reports: Stocks tumbled on Thursday, Dec. 20, with the Dow diving almost 500 points as concerns grew that the U.S. government would partially shut down over the Christmas holiday season because President Donald Trump won’t sign a stopgap spending bill. Speaker of the House, Paul Ryan (R-Wis.), said Thursday that Trump wouldn’t be signing the spending bill after …
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