Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.
The stock market closed at a record high after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy.
There was no let-up in the flight from stocks and bonds Thursday as the Dow Jones industrial average plunged 353 points Thursday and wiped out almost two months of gains.
The hackers sent out a bogus tweet about a non-existent attack on the White House.
Some jubilation supporters of President Barack Obama may have felt after his re-election Tuesday was doubtless tempered by an apparent free fall on Wall Street.
U.S. stocks are mixed Friday after a week of brutal selling pushed them to new yearly lows.
More fears of an imminent global recession sent investors into a selloff frenzy Thursday.
Stocks plunged Friday and ended an otherwise positive trading week on a sour note after a dismal jobs report renewed fears of another recession.
The Dow Jones industrial average at one point was down more than 500 points. It’s now down 436 at 10,973.
Wall Street was not for the faint of heart Friday. The breathtaking peaks and valleys of the day came to an end with the Dow closing up 61 points.
Fears about the global economy led to the biggest panic in financial markets since the 2008 financial crisis.
A warning from Standard & Poor’s that the agency might lower its rating on U.S. government debt sent stocks on their worst slide in a month Monday.
The Federal Reserve expressed more confidence in the U.S. economy even as Japan’s nuclear crisis raised worries around the globe. The Fed said Tuesday that the economic recovery is on “firmer footing” and the jobs market is “improving gradually.”
In early trading, the Dow Jones industrial average rose 107 points, or 0.9 percent, to 11,683. The Standard and Poor’s 500-stock index gained 12, or 1 percent, to 1,270. The Nasdaq composite rose 33, or 1.2 percent, to 2,686.
NEW YORK (AP) – Stocks fell for a fourth day Tuesday as concerns over a slowdown in China and talks about a bailout for Irish banks combined to push the Dow Jones industrial average to […]