Dow dives nearly 3,000 points on fears virus will cause recession
U.S. equity futures plunged limit down after the Federal Reserve took emergency action on Sunday evening.
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.
Financial markets in turmoil over fear of coronavirus lockdowns
JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.
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.
Dow hits 29,000 for first time ever
The Dow Jones Industrial Average climbed above 29,000 for the first time despite the December jobs report falling short of expectations. All three of the major averages were trading in record territory.
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.
