stocks

Markets are falling sharply, even after the Federal Reserve aggressively cut interest rates to near zero.

Economy

Stocks Go Into Shock. Dow Plunges Nearly 3,000 Points

4:35pm March 16, 2020

by Avie Schneider

The Dow tumbled nearly 13% after the Federal Reserve aggressively cut interest rates to near zero and as the nation imposed more restrictions in an effort to curb the spread of the coronavirus.

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The stock market rebounded Friday after cratering on fears over the coronavirus pandemic.

Economy

Dow Soars Nearly 2,000 Points In Rebound From Biggest Drop Since 1987

4:44pm March 13, 2020

by Avie Schneider

The Dow Jones Industrial Average and other major stock indexes jumped as President Trump declared a national emergency to deal with the coronavirus pandemic.

After weeks of turmoil over the economic toll of the coronavirus, U.S. stock indexes entered a bear market, signaling an end to their 11-year winning streak.

Dow Plunges 2,300 Points: Stocks In Meltdown As Panic Selling Continues

5:41pm March 12, 2020

by Avie Schneider

The Dow Jones Industrial Average fell nearly 10% — its biggest one-day drop since 1987 — as the coronavirus pandemic continued to rattle markets. Trading was temporarily halted earlier in the day.

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A bronze statue of a bull fighting with a bear.

Economy

Stocks Enter Bear Market. What Does It Mean?

5:00pm March 12, 2020

by Avie Schneider

Analysts like to say that the stock market is not the economy. But a bear market reflects concerns and anxieties about the economy, and at times a bear market is accompanied by a recession.

U.S. stock indexes tumbled, then rebounded Wednesday amid an escalating trade war between the United States and China.

Stocks Come Back After Another Wild Day On Wall Street

4:36pm August 07, 2019

by Jim Zarroli

Stocks slid early on, amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that's already slowing. But the market recovered by day's end.

U.S. stocks nosedived Monday as China's currency fell sharply and raised fears that the U.S.-China trade war would keep escalating.

Stock Markets Take Another Hit As The Trade War With China Heats Up

5:11pm August 05, 2019

by Jim Zarroli

World stock markets saw sharp sell-offs after China let its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average closed down 767 points, or 2.9%.

With its initial public offering on Friday, Uber hopes to raise billions of dollars, but analysts wonder when the ride-hailing company will turn a profit.

Economy

Uber's Eye-Popping IPO Approaches. Is It Really Worth $90 Billion?

8:05am May 09, 2019

by Camila Domonoske

Uber has never been profitable, yet the ride-hailing company may be valued at as much as $90 billion when it goes public Friday. It will be one of the largest tech IPOs ever.

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Stock Markets In Turmoil Amid Uncertainty Over U.S.-China Trade Talks

4:18pm May 07, 2019

by Avie Schneider

The Dow Jones Industrial Average and other major stock indexes plunged Tuesday after Trump administration officials accused Beijing of reneging on commitments it had already made in the talks.

Stock figures of the top 10 active securities are displayed outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong on Monday. Asian markets closed mostly higher ahead of U.S. China talks.

Asian Markets Close Higher Reflecting Optimism Ahead Of U.S.-China Talks

12:57pm February 11, 2019

by Amy Held

Indexes climbed on Monday as Washington and Beijing officials continue to try to hash out a deal and avoid an escalation of a trade war.

People walk past an Apple store in Beijing in December 2018. Apple CEO cited weaker-than-expected iPhone sales in China as the company lowered its quarterly revenue estimates Wednesday.

World News

China Takes Wind Out Of Apple iPhone Sales

7:49pm January 02, 2019

by Avie Schneider

Apple cut billions from its revenue estimates amid slower sales in China. In August, Apple became the first firm worth $1 trillion, but its stock is down more than 30 percent in the past three months.