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Tag: ICE Brent Crude (Feb'20)

Dow’s worst first quarter ever, S&P 500’s worst month since ’08

Dow’s worst first quarter ever, S&P 500’s worst month since ’08

The market is wrapping up a brutal quarter as investors search for a bottom in the fastest bear market ever amid the coronavirus crisis. The Dow Jones Industrial Average is on track to post its worst first quarter in history, but the recent sharp rebound raises the question if the worst is behind us. Here’s […]

Dow tanks 1,000, S&P 500 down 5%, virus cases jump

Dow tanks 1,000, S&P 500 down 5%, virus cases jump

Trader Thomas Lee works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2019. Richard Drew | AP This is a live blog. Please check back for updates. 10:35 am: Walmart jumps 5%, gets an upgrade from Credit Suisse While the broader market moves lower, shares of Walmart are up more than […]

Stocks tank 10%, Dow off 30% from record

Stocks tank 10%, Dow off 30% from record

This is a live blog. Here’s the latest.  10:17 am: Stocks fall deeper into bear market territory The Dow and S&P 500 entered a bear market last week, putting an end to the historic bull run that began in the throes of the financial crisis. Monday’s steep losses have sent the major averages further below […]

Dow jumps more than 600 points after Wall Street’s biggest rout since 2008

Dow jumps more than 600 points after Wall Street’s biggest rout since 2008

Stocks rallied on Tuesday as Wall Street clawed back some of the massive losses suffered in the previous session. Bets on government intervention to stem the economic downturn from the coronavirus lifted equities. The Dow Jones Industrial Average traded 600 points higher, or 2.6%. The S&P 500 climbed 2.4% while the Nasdaq Composite advanced 2.6%.  […]

Dow craters 1,400 points and S&P 500 down 5% amid oil price war

Dow craters 1,400 points and S&P 500 down 5% amid oil price war

Stocks cratered Monday as investors grappled with the sinking price of oil and the spread of the coronavirus. The Dow Jones Industrial Average tanked 1,438 points, on pace for its worst day since Dec. 2008, while the S&P 500 plunged 5.3%. The massive sell-off triggered a key market circuit breaker minutes into the opening bell. Trading was halted for […]

Oil a ‘bigger problem for markets than the coronavirus’ after OPEC deal collapse

Oil a ‘bigger problem for markets than the coronavirus’ after OPEC deal collapse

A derek pumps in an oil field in Kuwait near the Saudi Arabian border. Joe Raedle | Getty Images Oil prices plunged last week as OPEC and its allies failed to reach an agreement on production cuts, and as prices look set to continue cratering, some are warning about the impact on the broader economy. “Crude […]

Tesla closes stores, Olympics organize task force

Tesla closes stores, Olympics organize task force

This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 28,000 as of Thursday morning.Total deaths: At least 565 worldwide as of Thursday morning 9:02 am:  Yum Brands shares drop as CEO comments on coronavirus hit Yum Brands, the owner of Taco Bell, KFC […]

Dow positive, coronavirus ‘buy’ signal?, record copper losing streak

Dow positive, coronavirus ‘buy’ signal?, record copper losing streak

The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images This is a live blog. Check back for updates. 3:05 pm: Dow turns positive as WHO calms coronavirus fears The Dow erased a 200-point drop and turned positive after the World Health […]

Mainland Chinese stocks plunge as coronavirus fears grip investors

Mainland Chinese stocks plunge as coronavirus fears grip investors

  The Shanghai composite fell greater than 3% whereas the Shenzhen element dropped past 4%. The Shenzhen composite additionally declined 4.259%. Hong Kong’s Hang Seng index additionally fell 2.21%. Elsewhere, the Nikkei 225 in Japan slipped 0.98% to shut at 23,795.44 whereas the Topix index additionally shed 0.78% to finish its buying and selling day […]

Hong Kong leads losses among major markets following Moody’s downgrade

Hong Kong leads losses among major markets following Moody’s downgrade

  The Hang Seng index within the embattled metropolis fell 2.29% by the afternoon, with shares of life insurer AIA plunging past 3%. The strikes got here following the rankings downgrade from Moody’s on Monday, the place the company additionally modified its outlook for Hong Kong to steady from destructive. The metropolis has been stricken […]