Wall Street’s main indexes fell on Thursday, extending declines for the third straight session, as comments from President Donald Trump renewed worries over Sino-U.S. trade relations and added to concerns of a prolonged economic downturn. Trump said he was very disappointed with China over its failure to contain the novel …
Read More »Wall Street jumps as oil recovers, coronavirus-lockdown eases
Wall Street’s main stock indexes opened higher on Tuesday as oil prices staged a recovery and a slew of countries eased coronavirus-led restrictions in an attempt to revive economic activity. The Dow Jones Industrial Average .DJI rose 209.12 points, or 0.88%, at the open to 23,958.88. The S&P 500 .SPX …
Read More »Global markets plunge as cities worldwide lockdown.
Global stocks and US futures plunged again on Monday as governments worldwide lockdown their cities and the United States stalls on a massive stimulus package meant to help Americans handle the coronavirus pandemic. Dow (INDU) futures fell more than 900 points at one point, hitting a 5% decline that triggered …
Read More »Markets stabilize after being roiled by Iran missile attack
Markets are stabilizing in early trading on Wall Street after being roiled overnight following an Iranian missile attack on U.S. bases in Iraq. The strike was in retaliation for the killing of an Iranian general last week. Stocks opened mostly higher and oil prices retreated after spiking overnight on the …
Read More »Wall Street sinks amid recessionary fears.
US stocks plunged on Wednesday, with the Dow Jones Industrial Average falling more than 450 points, as investors were spooked by the latest signals from the bond market that pointed to a heightened risk of a recession. US Treasury yields took another dramatic drop and the premium on three-month bill …
Read More »Oil surges on Gulf tanker attacks.
Oil futures jumped on Thursday after suspected attacks on two tankers off the coast of Iran, while U.S. Treasury yields edged lower as economic data seemed to strengthen the case for the Federal Reserve to cut interest rates this year. Wall Street’s major stock indexes climbed after falling for two …
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