U.S. now in recession expected to last until September, UCLA forecasts
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
Stocks surge on new virus measures; Dow up 1,985 points
Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987.
Worst day on Wall Street since 1987 as coronavirus fears spread
U.S. equity markets were halted shortly after the opening bell when the S&P fell by 7 percent.
Stocks slide after Fed rate cut fails to stem market's dread as coronavirus spreads
Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
Dow, S&P and Nasdaq score biggest point gains ever as stocks make coronavirus comeback
The huge gains clawed back some of the ground lost in a massive sell-off that gave stocks their worst week since the financial crisis of 2008.
Stocks fall on Wall Street amid coronavirus fears, putting market on track for worst week since 2008
U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.
Virus outbreak: Stocks fall sharply on Wall Street; Dow Jones sinks 3.8%
The virus outbreak has been shutting down industrial centers, emptying shops and severely crimping travel all over the world. More companies are warning investors that their finances will take a hit because of disruptions to supply chains and sales
Dow sinks nearly 1,200 points in record drop as coronavirus worries spread
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
Markets down, Facebook cancels show: Virus hits businesses
Wall Street's opening follows global stock markets that also fell Thursday amid coronavirus concerns.
Dow drops more than 1,000 points as COVID-19 outbreak threatens economy
The Dow Jones showed steep losses Monday as the COVID-19 outbreak continues to spread globally.
Dow closes above 29,000 for the first time
The Dow Jones Industrial Average closed above 29,000 points for the first time, just two months after its first close above 28,000.
Peloton faces backlash, market losses over holiday ad that company says was ‘misinterpreted’
Critics of the high-end exercise equipment maker say the ad is sexist and classist.
President Trump dismisses worries of recession, says economy is strong
President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week's steep drop in the financial markets.