The Dow Jones Industrial Average fell more than 300 points, for its first decline in five sessions, as concerns over trade and global growth resurfaced.
U.S. shares edged higher, boosted by optimism over trade talks and signs the Federal Reserve will stay flexible with its interest-rate increases.
U.S. stocks rose sharply, bouncing back from their worst two-day start to a year since 2000. The Dow industrials rose 3.3%, the S&P 500 rose 3.4% and the Nasdaq Composite gained 4.3%.
ONE DAY in 1985 P. J. O’Rourke, an American humourist, invited a few friends to his home to take ecstasy. He wrote about the experience for Rolling Stone. For a veteran of the Age of Aquarius, the side-effects of recreational drugs—the frequent toilet trips; the grimy feeling on the skin; the fitful sleep later on—were […]
For long-term investors that is good news
Reuters / Kai Pfaffenbach Asian shares jumped and European stocks soared, capping a tumultuous week of holiday trading in global stock markets. European indexes have been battered more than the US this year, with worries about trade, Italy’s budget crisis, and rising interest rates weighing on sentiment. The Euro Stoxx 50 and most major regional […]
Yohei Fukai/Kyodo News via AP Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump’s attack on the U.S. central bank. The Nikkei 225 fell by an unusually wide margin of 5.1 percent to 19,147.45 points. The Shanghai Composite Index lost 2.1 percent to 2,473.75. Benchmarks […]
The Nasdaq Composite Index tumbled and threatened to enter a bear market as the Federal Reserve’s latest guidance on interest rates spooked investors in growth-sensitive assets such as technology shares.
The Dow Jones Industrial Average swung nearly 900 points Wednesday, slumping after the Federal Reserve raised interest rates for the fourth time in 2018 and signaled a milder path of increases over the next year.
U.S. stocks slumped with the Dow industrials falling more than 500 points as investors looked ahead to this week’s Federal Reserve meeting amid mounting signs of slowing economic growth around the world.