Worsening outbreaks in several states combined with new travel restrictions in the northeast send markets tumbling.
stock market
Posted inBusiness, Nation / World
Dow sinks 1,600 points as virus cases rise, deflating optimism
Stocks are falling sharply on Wall Street as coronavirus cases increase again.
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Posted inBusiness, Nation / World, News
Wall Street hits the brakes after strong, weeks-long rally
Skeptics of the rally have been saying that many risks still lurk ahead on the long road to a full recovery.
Posted inBusiness, Nation / World
Fed chairman warns of long downturn if Congress, White House don’t provide more economic aid
Jerome Powell’s grim statement is a sharp departure from the economic optimism that President Trump and some senior administration officials have expressed in recent days.
Posted inBusiness, Nation / World
Fed lets interest rates stand, and forecasts expect no change in 2020
The record-long U.S. economic expansion is in its 11th year, a run that has driven unemployment to the lowest level since 1969.
Posted inBusiness, Nation / World, News
S&P 500 posts its worst week of the year as trade tensions flare
Stock indexes fell from the get-go following President Trump’s latest escalation in his trade war with China.
Posted inBusiness
10 simple answers to questions about the stock market plunge
The stock market’s gyrations have dominated headlines for a solid two weeks now, but things can’t be as bad as they sound. Or can they? We looked at the numbers to put this crazy time period in context. 1. What’s going on with the stock market? It’s down a lot. For almost a decade after […]
Posted inBusiness
Stocks dive again, heading for worst December since Great Depression
Investors are growing worried that global economic growth is cooling and that the U.S. could slip into a recession in the next few years.
Posted inBusiness
Analysis: What you need to know about the stock market ‘reality check’
The stock market is having a panic attack. The Dow is down almost 1,800 points (7 percent) in two days. CNBC has already dubbed it “selling hell.” So what is going on? And how much should you worry? Let’s unpack what you need to know if you are someone who invests in stocks and bonds […]
Posted inOp-Eds, sj-web
Stock market remains vulnerable
WASHINGTON — The stock market is going gangbusters — but whether this reflects the economy’s underlying strength or runaway speculation is a question that stumps many experts. Hence, the need for this column: a primer on the red-hot stock market. Will it sustain the economy or ultimately kill it? The boom is undeniable. In 12 […]