Wall Street

Worst Wall Street week since March ends with a rally

U.S. stocks clawed back losses for a second day in a row in a volatile session but Friday's gains were not enough to stop the week from the biggest stock market drop since March. Conway G. Gittens has..

The Dow snaps losing streak; NYSE to re-open

Stocks ended a volatile session firmly in the green and the iconic New York Stock Exchange announced it plans to reopen immediately after the Memorial Day holiday. Conway G. Gittens has the details.

Wall Street slumps after somber Fed outlook

Wall Street's three major indexes closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic..

Stocks knocked down by virus resurgence fears

Wall Street dropped two percent on Tuesday following a warning from America's top infectious disease expert that reopening the nation's economy too quickly could lead to a fresh outbreak that would..

Wall Street jumps despite historic job losses

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.

Wall Street Slides, Trump Warns China Tariffs

(Reuters) - Wall Street’s main indexes fell on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while a profit warning from Amazon added to the..

Wall Street rallies on promising coronavirus drug

U.S. stocks surged on Wednesday as hopes for an effective COVID-19 treatment prompted a broad rally and helped investors shrug off bleak GDP data and words of warning from U.S. Federal Reserve Chair..

U.S. stocks surge as some states reopen for business

Wall Street gained more than 1% on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to..

Apple, Microsoft propel Wall Street rally

Apple and Microsoft drove Wall Street higher Friday as investors finished a turbulent week of trading. But for the week, the three major indexes lost ground. Fred Katayama reports.

Coronavirus clouds Intel outlook, despite short-term bump

Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it could not make a forecast for the full year because of..

Wall Street surges as Congress preps more stimulus

Wall Street surged on Wednesday as oil prices recovered and Congress looked on course to approve nearly $500 billion more in aid to help small businesses ride out the coronavirus crisis. Yahaira..

Wall Street Rises, Oil Gains, Congress Readies Aid

(Reuters) - Wall Street surged on Wednesday as oil prices recovered some ground and Congress looked on course to approve nearly $500 billion more in aid to help small businesses ride out the..

Wall Street Surges As Congress Preps Stimulus

(Reuters) - Wall Street surged on Wednesday as oil prices recovered some ground and Congress looked on course to seal nearly $500 billion more in aid to help small businesses ride out the coronavirus..

Oil crash pummels stocks on Wall Street

Wall Street tumbled for a second straight day on Tuesday as a collapse in U.S. oil prices and glum forecasts by companies worsened fears of a deep economic downturn. Yahaira Jacquez reports.

Wall Street Down As Oil Crash Adds To Fears

(Reuters) - Wall Street tumbled for a second straight day on Tuesday as a collapse in U.S. oil prices and glum forecasts by companies foreshadowed the worst economic slump since the Great Depression...

Oil crash pummels stocks

Stocks on Wall Street plummeted Tuesday as oil prices hit a two-decade low a day after some U.S. crude oil futures turned negative for the first time ever, underlining worries about deep economic..

Wall Street drops as U.S. crude crashes below $0

Wall Street tumbled on Monday after U.S. crude futures turned negative for the first time ever, with traders forced to pay to unload crude as the May contract expired during a global economic slump..

Wall Street gains on coronavirus drug hopes

U.S. stocks rose on Friday and posted gains for the week, helped by a surge in Boeing shares, President Donald Trump's plan to reopen the coronavirus-battered economy and hopes of a potential drug by..

Retail sales data shows market was ahead of itself -analyst

The market pullback after a record drop in U.S. retail sales and a plunge in factory output is a sign the recent market rebound was too strong.

Coronavirus Pandemic Attacks Citigroup Quarterly Profits

Reuters reports Citigroup reported a massive 46% loss in quarterly profit on Wednesday. The news comes as the financial group prepares for losses driven primarily by its credit card business. Analysts..

Wall Street gain fueled by hopes to ease lockdown

Stocks rallied led by a four percent surge in the Nasdaq with investors encouraged by talks on how to end the lockdown. Conway G. Gittens has the market wrap.

Wall Street Hopeful Coronavirus Signs

NEW YORK (Reuters) - U.S. stock markets climbed on Wednesday as investors were encouraged by hopeful signs about the coronavirus outbreak in the United States, with health insurers getting an..

Stocks erase stellar gain to close lower

The Dow gave up a more than 900-point rally to close the day lower in volatile trade. Conway G. Gittens has the numbers.

Wall St soars on hopes of slowing coronavirus deaths

U.S. stocks rocketed higher on Monday, in the biggest gains in nearly two weeks, after a fall in the daily death toll in New York - the country's biggest coronavirus hot spot - fueled optimism the..