Stocks are opening lower on Wall Street as hard questions remain over how and when states will reopen following widespread shutdowns put in place to slow the coronavirus pandemic. The S&P 500 index fell 0.8% in the first few minutes of trading Monday. Marriott fell after the hotel operator reported much lower profit as demand […]
Stocks around the world are clawing higher on Wednesday, and the S&P 500 climbed toward its first gain of what’s been a dismal week. Even the oil market turned higher. Prices for crude have been turned upside down because of how much extra oil is sloshing around following a collapse in demand. After zig-zagging overnight, […]
Stocks swung back down Wednesday after more signs piled up of the economic damage being caused by the coronavirus outbreak. Markets have been stuck cycling between fear and budding optimism in recent weeks as investors try to guess how long and deep the looming recession will be, with the switch often flipping overnight or even […]
Technology companies led stocks higher on Wall Street Tuesday as investors focused on how and when authorities may begin to ease business shutdowns and limits on people’s movements imposed to slow the spread of the coronavirus. Big companies also started reporting their first-quarter earnings, giving investors an early peek into how the outbreak was affecting […]
Stocks are opening lower on Wall Street following the biggest week for the market since 1974. The S&P 500 fell 1% in early trading Monday. It had surged 12% last week. The price of oil rose after major oil producers agreed to cut output as demand craters because of the slowdowns caused by the global […]
Stocks shot to a 3.4% gain on Wall Street Wednesday as investors chose to focus on the optimistic side of data about the coronavirus outbreak’s trajectory. It’s the latest about-face in this brutally volatile stretch for the U.S. stock market, which has flip-flopped from gains to losses for six straight days. Just a day before, […]
A rally on Wall Street evaporated after the price of crude oil took a sudden turn lower, deflating gains in the energy sector. Major indexes ended slightly lower Tuesday after being up more than 3% earlier. The market was coming off an even bigger gain of 7% the day before. The rally faded after the […]
Investors grabbed hold of a few glimmers of hope Monday that the coronavirus pandemic could be slowing and sent stocks surging in a worldwide rally, capped by a 7% leap for the U.S. market. The number of new coronavirus cases is dropping in the European hotspots of Italy and Spain. The center of the U.S. […]
Stocks are wavering in early trading on Wall Street after the government reported that more than 700,000 jobs were lost last month. The S&P 500 was up 0.4% in the first few minutes of trading. Businesses have shut down across the country and the world as people stay home in hopes of slowing the spread […]
Wall Street pushed higher Thursday after a surge in oil prices helped resuscitate beaten-down energy stocks. The gains helped overshadow another report showing the coronavirus outbreak is forcing millions of Americans into the unemployment queue by the week. The S&P 500 was up a little less than 1% in afternoon trading after flipping between small […]