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Dow plunges 850 points as Wall Street’s wild trading streak continues

Stocks plummeted on Wednesday in another volatile session as Wall Street worried about a possible fiscal stimulus package aimed at curbing slower economic growth due to the coronavirus outbreak.The Dow Jones Industrial Average traded 850 points lower, or more than 3%. The S&P 500...

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...

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...

Coronavirus spread could spark more rate cuts: Economist Benn Steil

Council on Foreign Relations economist Benn Steil says the Federal Reserve's half percentage point cut in interest rates may not be enough to keep the economy on track as the coronavirus spreads."None of us would be surprised to see the Fed cutting further in...

Dow futures down 200, traders search for the bottom

Traders work during the opening bell at the New York Stock Exchange on February 27, 2020.Johannes Eisele | AFP | Getty Images8:28 am: 10-year yield could go to 0.75%, strategist saysThe U.S. Treasury 10-year yield could fall further into record-low territory and eventually reach 0.75%,...

US stocks erase $3.18 trillion in value this week amid coronavirus tailspin

The coronavirus wiped $3.18 trillion in market value from U.S. stocks this week, according to estimates from S&P Dow Jones Indices.The equity benchmark lost $203 billion in value on Friday, adding to its $2.997 trillion loss from Monday to Thursday, the firm's Senior Index...