Stocks slump as coronavirus hits big tech, oil earnings
Equity investors kicked into sell mode on the first trading day of the month as Big Tech and Big Oil warned that COVID-19 is hurting business during their quarterly earnings updates.
Stocks wrap best month since 1987 as coronavirus recovery continues
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
Stocks surge on Gilead’s coronavirus drug and Fed’s pledge to keep rates near zero
The Dow Jones Industrial Average gained 449 points, or 1.86 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 2.04 percent and 2.03 percent, respectively.
Stock rally takes breather ahead of Starbucks, Google earnings
The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.
Dow, S&P jump as states begin coronavirus reboot
Investors usher in the week on an optimistic note.
U.S. now in recession expected to last until September, UCLA forecasts
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
Stock futures plunge after Fed takes emergency action
U.S. stock futures fell sharply after the Federal Reserve slashed interest rates and more companies and governments took action over the weekend to shut down European and American society in the face of the growing virus outbreak.
Oil prices surge, stocks stumble after US kills Iranian general
Stocks fell broadly on Wall Street and oil prices surged Friday after a U.S military strike killed a top Iranian general in Iraq.
Peloton faces backlash, market losses over holiday ad that company says was ‘misinterpreted’
Critics of the high-end exercise equipment maker say the ad is sexist and classist.