Home / stocks falling

Stocks skid as investors fear virus surge will dent recovery

Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around the world will threaten the economic recovery. The S&P 500 lost 1.6% Monday and the Dow Jones Industrial Average gave up 725 points, or 2.1%. Market watchers had been warning that stock valuations were […]

Specialists Jay Woods, right, and Thomas McArdle work on the floor of the New York Stock Exchange, Thursday, Oct. 11, 2018. Photo via AP/Richard Drew.

Stocks, oil plunge over global fight for crude production

Global stock markets and oil prices plunged Monday after a fight among major crude-producing nations jolted investors who already were on edge about the surging costs of a virus outbreak. The main stock indexes in Britain and Germany were down by almost 7%. Japan’s benchmark closed down 5.1% while Australia’s lost 7.3% and the Shanghai […]