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 […]
The Dow Jones Industrial Average closed Friday with a loss of more than 500 points, falling 1.6 percent to finish its worst week of losses since 2020. The Dow finished this week down 3.5 percent, its steepest five-day loss since October. The S&P 500 index closed with a loss of 1.3 percent Friday and the […]
Stocks fell sharply on Monday as fears about the worsening coronavirus as well as uncertainty on further fiscal stimulus rattled traders. The Dow Jones Industrial Average dropped 900 points in the morning trading session, or 3.3 percent. The S&P 500 lost 2.6 percent, while the Nasdaq Composite fell 2.3 percent. The major stock averages were […]
Stocks rallied to record highs Friday morning as the race for the White House officially got under way after President Trump accepted the presidential nomination of the Republican Party. The Dow Jones Industrial Average gained 62 points, or 0.22%, in the opening minutes of trading and topped its 2019 closing value of 28,538.44. Meanwhile, the […]
U.S. stocks dropped sharply Wednesday as a massive selloff in the biggest tech stocks drove markets to lows not seen since this winter. The Dow plunged 831 points, losing 3.15 percent of its value. It was the second-biggest drop of the year for the Dow, which on Feb. 5 lost over 1,100 points in a […]
Wall Street got bathed in a sea of red Thursday amid mounting tensions between the US and North Korea. The Dow Jones industrial average lost 204 points, marking three consecutive day of losses. The index — which last week hit 22,000 for the first time — closed at 21,844. Markets began to tumble Tuesday after […]
U.S. equities kicked off the second half of the year on the right foot, closing mostly higher on Monday as bank stocks climbed. The Dow Jones industrial average notched a record high before closing about 130 points higher, with Goldman Sachs contributing the most gains. The S&P 500 rose 0.23 percent, with financials and energy […]
The first half of the year comes to a close Friday, and it certainly has been a strong period for stocks. Year-to-date gains through Thursday: the Dow was up 7.7 percent, the S&P 500 is up 8 percent and the standout Nasdaq has soared over 14 percent. Over the past two decades, stocks have generally […]
People celebrate during the call for Republican president-elect Donald Trump at his election night event at the New York Hilton Midtown on November 9, 2016 in New York City. at the New York Hilton Midtown in the early morning hours of Nov. 9, 2016 in New York City.(Photo: Joe Raedle, Getty Images) U.S. stocks were […]
