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US stocks rallied on Wednesday — notching their first back-to-back gains since last month — as Congress and the White House agreed on a $2 trillion coronavirus stimulus package. The Dow Jones industrial average rose 495.64 points, or 2.39 percent, to 21,200.55 after lawmakers reached an overnight deal for a giant spending package that will …
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US stocks struggled to continue their midweek rally Wednesday even after Congress and the White House agreed on a massive stimulus package to address the coronavirus pandemic. The Dow Jones industrial average climbed as much as 736.37 points, or 3.5 percent, in early trading after lawmakers reached an overnight deal for a $2 trillion spending …
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The Dow had its best day since 1933, clawing back some of its recent, brutal losses on signs that Congress was nearing a deal for a US stimulus package worth as much as $2 trillion to battle the coronavirus pandemic. The Dow Jones industrial average rose 2,112.98 points, or 11.4 percent, to 20,704.91 as lawmakers …
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US stocks recovered Thursday after an early selloff threatened to continue the market’s brutal downturn amid the Chinese virus pandemic. The Dow Jones industrial average rose as much as 244.20 points, or 1.2 percent, erasing a 721-point loss that came in early trading. The blue-chip index was recently up 102.73 points, or 0.5 percent, at …
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The Dow closed below the 20,000 mark for the first time in more than three years amid widening alarm on Wall Street over the Chinese virus. The Dow Jones industrial average finished Wednesday at 19,898.92, off 1,338.46 points, or 6.3 percent, as investors looking to raise cash liquidated nearly everything they could, including safe-haven assets …
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US stocks rebounded on Tuesday — one day after they took their worst hit since the crash of 1987 — as the Federal Reserve and the White House unveiled fresh moves to ease the economic mayhem that’s being wreaked by the coronavirus epidemic. The Dow Jones industrial average — which had tumbled nearly 3,000 points on …
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The Dow plunged nearly 3,000 points on Monday — or nearly 13 percent, its biggest drop since the “Black Monday” crash of 1987 — after the Federal Reserve’s surprise move to slash interest rates to near zero stoked fears about the damage the coronavirus is doing to the economy. Stocks accelerated their downward move in …
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US stocks fell sharply enough Monday to halt trading for the third time in about a week as the Federal Reserve’s latest interest-rate cut failed to quell Wall Street’s growing coronavirus fears. The S&P 500 plunged 8.1 percent at the opening bell to 2,490.47, triggering a so-called circuit-breaker that stops trading for 15 minutes after a 7 …
US stocks rallied on Wednesday — notching their first back-to-back gains since last month — as Congress and the White House agreed on a $2 trillion coronavirus stimulus package. The Dow Jones industrial average rose 495.64 points, or 2.39 percent, to 21,200.55 after lawmakers reached an overnight deal for a giant spending package that will …
