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Fed Action Reverses
Slide of Dow Futures

updated

Mar 23, 2020 7:44 AM CDT

Fed Action Reverses Slide of Dow Futures

Dow is poised to begin the day with a jump

(Newser) - All morning, Dow futures pointed to a miserable start at the opening bell. But the Federal Reserve just reversed that with what the Wall Street Journal calls a "major expansion of lending programs." Instead of diving 600 points, the Dow is projected to jump about 400 points or...

Dow Nosedives as Markets
Have Worst Week Since 2008

Mar 20, 2020 3:04 PM CDT

Dow Nosedives as Markets Have Worst Week Since 2008

Index falls more than 900 points

(Newser) - Hopes of two straight days of gains on Wall Street disintegrated Friday afternoon. Despite a decent start, the Dow turned negative and stayed that way, dropping more than 900 points, or 4.5%. The S&P 500 dropped a similar percentage as the markets had their worst week since the...

'Semblance of Calm': Markets Poised to Rise

'Semblance of Calm':
Dow Sees Early Gains

UPDATED

Mar 20, 2020 8:59 AM CDT

'Semblance of Calm': Dow Sees Early Gains

Investors hoping for 2 straight days in the black

(Newser) - Two consecutive days of a rising market? It's at least a possibility, based on the early going. After Thursday's 188-point rise by the Dow, the index opened 300 points higher, reports CNBC . However, in the first 30 minutes, those gains had diminished. Around 10am ET, the Dow was...

Stocks Actually Close Higher

MARKETS

Mar 19, 2020 3:10 PM CDT

Stocks Actually Close Higher

After a bumpy but less frenetic day on Wall Street

(Newser) - Stocks are closing with solid gains on Wall Street Thursday after shaking off a rocky start, the AP reports. The trading was still bumpy but nothing like the wild swings seen in recent weeks. The Dow Jones industrials gained 188 points, or 1%. The S&P 500 was up 11...

Dow Futures Point to Another Fall at Open

Dow Is Off to
Another Rough Start

UPDATED

Mar 19, 2020 8:40 AM CDT

Dow Is Off to Another Rough Start

Slides 650-plus points despite stimulus efforts

(Newser) - On Wednesday, the Dow closed below 20,000 for the first time since 2017. On Thursday, it showed no signs of being able to regain that threshold, per CNBC . The Dow dropped more than 650 points in the opening minutes, or nearly 3.5%. The S&P 500 dropped about...

New York Stock Exchange
Closing Trading Floor

updated

Mar 18, 2020 4:44 PM CDT

New York Stock Exchange Closing Trading Floor

Trading will go all-electronic starting Monday

(Newser) - Stocks are closing sharply lower as fears of a prolonged coronavirus-induced recession take hold. The Dow industrials lost 1,338 points, or 6.3%, ending the day below the 20K mark at 19,898 . After a brutal few weeks, the Dow has now lost nearly all of its gains since...

For 4th Time in 2 Weeks, Wall Street Halts Trading

Sadly Familiar Wall Street
News: Trading Is Halted

Mar 18, 2020 12:21 PM CDT

Sadly Familiar Wall Street News: Trading Is Halted

It's the fourth time in 2 weeks

(Newser) - Wall Street had a depressingly familiar turn of events Wednesday afternoon: Stocks fell so fast they had to halt trading. That would be the fourth time in two weeks, notes the Washington Post . The automatic 15-halt came about 1pm ET when the S&5 500 fell 7%, reports the Wall ...

Dow Plummets Below
20K at the Open

updated

Mar 18, 2020 8:36 AM CDT

Dow Plummets Below 20K at the Open

Open down 6%

(Newser) - The Dow closed up about 1,000 points on Tuesday, but all of that gain was erased at the open Wednesday. The Dow opened down nearly 1,300 points, or about 6%. The S&P 500 and Nasdaq were in the same ballpark, both down about 5.5% at the...

Stocks Jump
After Trump Promise

MARKETS

Mar 17, 2020 3:00 PM CDT

Stocks Jump After Trump Promise

Dow ends day up 1,049

(Newser) - Stocks are closing solidly higher after President Trump promised he's “going big” with plans to blunt the economic pain caused by the coronavirus outbreak, the AP reports. The market got back not quite half of what it lost in a breathtaking drop a day earlier, which was the...

Dow Begins the Day
With More Swings

UPDATED

Mar 17, 2020 9:01 AM CDT

Dow Begins the Day With More Swings

Dow briefly rises more than 500, though it quickly gave it all away

(Newser) - The Dow got off to a wild start Tuesday, and investors might have to brace for that kind of pattern in the near future. The index rose more than 500 points at the open, then gave away all those gains and then some. It's been popping back and forth...

Dow Falls Nearly 3K
as Virus News Worsens

Mar 16, 2020 3:04 PM CDT

Dow Falls Nearly 3K as Virus News Worsens

That's a drop of 13%

(Newser) - The stock market started out in a freefall Monday and never recovered. The Dow fell 2,997 points, nearly 13%, while the S&P 500 and the Nasdaq fell by about 12%. The Dow is now at 20,188 and on a trajectory to fall below 20,000. The S&...

Stocks Crater, Immediately
Forcing a Halt in Trading

Mar 16, 2020 8:36 AM CDT

Stocks Crater, Immediately Forcing a Halt in Trading

Dow falls more than 2.2K points

(Newser) - Friday's huge surge by the stock market was a distant memory by Monday's opening bell. The stock market cratered in the opening minutes, with the Dow falling more than 2,200 points, or nearly 10%, on coronavirus worries. The benchmark S&P 500 fell by 8% before trading...

After Fed Cut, Stock Futures
Fall as Far as They Can Go

Mar 16, 2020 6:47 AM CDT

After Fed Cut, Stock Futures Fall as Far as They Can Go

Fed's 'monetary bazooka' has misfired

(Newser) - Investors appear to have viewed the Federal Reserve's big interest rate cut as desperate, not bold. After the Fed announced Sunday that the rate was being cut to almost zero, futures on the S&P 500 and Dow Jones plunged 5%, triggering the "limit down" to halt further...

Mnuchin: No Recession Coming

Mar 15, 2020 10:10 AM CDT

Mnuchin: No Recession Coming

A 'big rebound' is possible later in the year, Treasury secretary says

(Newser) - The US economy will slow during the pandemic, Treasury Secretary Steven Mnuchin said Sunday, but it won't tank. "The real issue is not the economic situation today," he said on ABC 's This Week. Mnuchin, a member of the Trump administration's coronavirus task force, added:...

Market Ends Volatile Week
With Huge Climb

MARKETS

Mar 13, 2020 3:08 PM CDT

Market Ends Volatile Week With Huge Climb

Dow rises nearly 2,000 points

(Newser) - One of the most volatile weeks in Wall Street's history—one that saw an end to the 11-year bull run —is finally over. On Friday, the markets clawed back ground from Thursday's historic plunge in a big way, with all three major indexes up more than 9%....

Dow Surges 1,300
at the Open

UPDATED

Mar 13, 2020 8:40 AM CDT

Dow Surges 1,300 at the Open

But volatility remains high

(Newser) - Futures trading suggested a strong opening for US markets, and that's exactly what happened. The Dow initially rose more than 1,300 points, above 6%, while the benchmark S&P 500 and Nasdaq posted similar-sized gains, reports CNBC . The surge comes one day after the stock market's worst...

Dow Has Worst Day
Since 1987 Financial Crash

updated

Mar 12, 2020 3:17 PM CDT

Dow Has Worst Day Since 1987 Financial Crash

Ends day down 2.3K, its largest single-day drop ever

(Newser) - To say it was another brutal day on Wall Street is an understatement. The Dow Jones Industrial average ended the day down 2,352 points, once again setting a record for the worst-ever single-day point drop. As CNBC reports, that 10% plummet is the index's worst performance since the...

Wall Street Plunged So Fast
They Suspended Trading

UPDATED

Mar 12, 2020 8:47 AM CDT

Wall Street Plunged So Fast They Suspended Trading

Dow falls more than 1,700 points

(Newser) - The market is cratering at the open, and it happened so fast that trading was suspended for the second time this week. The Dow fell more than 1,700 points, about 7%, after another string of worrying coronavirus developments . The benchmark S&P fell 7% as well, and that triggered...

Trump's Europe Travel Ban
Hammers Stock Markets

the rundown

Mar 12, 2020 7:02 AM CDT

Trump's Europe Travel Ban Hammers Stock Markets

Dow Jones set to plummet at open

(Newser) - President Trump announced a 30-day ban on travel to the US from Europe Wednesday night—but the anti-coronavirus move did not reassure the stock market. CNN reports that Dow Jones futures plummeted more than 1,000 points overnight, setting up another day of stock market carnage Thursday, the day after...

Longest-Running Bull Market
for US Stocks Has Ended

UPDATED

Mar 11, 2020 3:14 PM CDT

Longest-Running Bull Market for US Stocks Has Ended

Dow plunged 1,465 points on Wednesday

(Newser) - "An extraordinary run of stock gains that began in 2009," as the Wall Street Journal put it, ended on Wednesday, with the longest-running bull market for US stocks coming to a close. The Dow needed to close below 23,641.136 to enter a bear market, meaning a...