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US stocks held steady Friday even after a brutal monthly jobs report gave Wall Street more proof of how hard the coronavirus pandemic has hit the economy. The Dow Jones industrial average was off just 58.23 points, or 0.2 percent, as of 10:05 a.m. after an opening 0.7 tumble on the heels of the feds’ …
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Stocks rallied Thursday as rising oil prices overcame Wall Street’s worries about the coronavirus gutting the US labor market. The Dow Jones industrial average climbed as much as 534.26 points, or 2.5 percent, on hopes of a detente in the oil-price war between Russia and Saudi Arabia. The blue-chip index reversed the early losses it …
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Stocks sank for the third day in a row on Thursday as a massive spike in US unemployment claims roiled Wall Street. The Dow Jones industrial average dropped as much as 167.81 points, or 0.8 percent, at the open after the feds revealed more than 6.6 million people filed initial jobless claims last week as …
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Kroger comparable sales surged about 30 percent in March as consumers stockpiled due to the coronavirus pandemic, and the grocer said it had borrowed $1 billion to boost its cash reserve as it prepared for any fallout from the health crisis. The Cincinnati, Ohio-based company’s shares rose about 5 percent after the supermarket chain also …
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Dean & DeLuca, a pioneer fine-foods retailer in New York City for decades, has filed for Chapter 11 bankruptcy protection. The coronavirus pandemic pushed the 43-year-old grocer over the edge, according to court documents, but it hopes to sell its brand name — known for such luxury items as $165 tins of Siberian caviar — …
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Stocks tumbled again Wednesday as Wall Street grappled with the Trump administration’s warning that the US has yet to face the worst of the coronavirus crisis. The Dow Jones industrial average dropped as much as 895.16 points, or 4 percent, at the open after the White House projected the deadly virus could kill as many …
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US stocks slid Tuesday as the coronavirus pandemic put Wall Street on track to end its worst three-month period in decades. The Dow Jones industrial average dropped as much as 191.02 points, or 0.8 percent, at the open after posting gains in four of the past five trading days. The blue-chip index was down 21.7 …
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Senator Richard Burr (R., N.C.) on Capitol Hill in Washington, D.C., December 16, 2019 . The Justice Department is probing a series of stock trades made by Senator Richard Burr (R., N.C.) in the weeks prior to the outbreak of Wuhan coronavirus in the U.S., CNN reported on Sunday. The probe is being coordinated with …
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US stocks edged higher Monday after President Trump extended his administration’s social-distancing guidelines to April 30, with investors continuing to gauge the fallout from the relentless spread of the coronavirus. The Dow Jones industrial average rose as much as 532.35 points, or 2.4 percent, by midday, while the S&P 500 and Nasdaq Composite increased as …
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US stocks plunged again Thursday, spoiling a historic three-day rally as the rampant spread of the coronavirus in the US rattled Wall Street. The Dow Jones industrial average sank as much as 898.86 points, or nearly 4 percent, as the US eclipsed China this week with its total number of coronavirus cases, which is now …
US stocks held steady Friday even after a brutal monthly jobs report gave Wall Street more proof of how hard the coronavirus pandemic has hit the economy. The Dow Jones industrial average was off just 58.23 points, or 0.2 percent, as of 10:05 a.m. after an opening 0.7 tumble on the heels of the feds’ …
