U.S. stocks suffered from some of the biggest single-day declines of the year on Friday as a new, fast-spreading COVID-19 variant detected in South Africa triggered fresh fears that a resurgent coronavirus could scuttle the global economy’s recovery from the pandemic. The Dow Jones Industrial Average – after briefly falling more than 1,000 points – ended the […]
U.S. equity markets tumbled Thursday, posting their worst session since June, as investors wrestled with uncertainty over the timing of a potential COVID-19 vaccine and generally positive economic data. The Dow Jones Industrial Average fell 807 points, or nearly 3%, but recovered from a drop of s many as 1,000 points in the final hour […]
The messy and contentious rollout of the executive order blocking entrance for refugees and travelers from seven majority-Muslim nations has dented the stock market surge enjoyed by President Trump since his election. Ever since winning the White House in early November, Trump has ridden a wave of stock market success as investors prepared for the […]
Stock markets have been on the rise since Donald Trump’s electoral victory in November, but many Wall Street experts say the president-elect can’t take all the credit. While it’s true that expectations for many of his proposed policies have accelerated the markets’ tear, the economy was in good shape way before the election, and it’s up for […]
If options traders are correct, stocks are in for a wild ride in February. Demand for one-month call options tied to the CBOE Volatility Index, a popular gauge of stock-market volatility, has spiked in the past week, a sign that some are bracing for a sharp downturn following the inauguration of President-elect Donald Trump. In […]
Wall Street surged on the eve of the U.S. presidential election, with Democratic nominee Hillary Clinton’s prospects brightening after the FBI said it would not press criminal charges against her over the use of a private email server. U.S. stocks on Monday racked up their biggest one-day percentage gain since March 1, while a volatility […]
