US Economy Contracts 32.9% In June Quarter, Wall Street Crashes
Business | Edited by Abhik Deb (with inputs from agencies) | Thursday July 30, 2020
The drop in GDP was more than triple the previous all-time decline of 10 per cent in the second quarter of 1958
US Stocks Rise In Early Trade On Hopes Of Swift Economic Recovery
Business | Reuters | Wednesday June 17, 2020
Wall Street LIVE Updates: The technology stocks-heavy Nasdaq Composite gained 47.45 points, or 0.48 per cent, to 9,943.31 at the opening bell.
Sensex, Nifty Likely To Have A Weak Start
Business | Edited by Peter Noronha (with inputs from agencies) | Thursday April 16, 2020
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6 per cent. In Japan, where a Reuters survey showed most firms feel stimulus measures announced so far are insufficient, the Nikkei fell 1.3 per cent.
Dow Surges Again After US Economic Relief Bill Advances
World News | Agence France-Presse | Friday March 27, 2020
The Dow surged for a third straight session Thursday after a massive US economic relief package cleared the Senate and data showed an unprecedented spike in unemployment claims.
Wall Street Posts Cautious Gains After Steep Losses On Coronavirus
Business | Reuters | Friday March 20, 2020
The Federal Reserve opened swap lines with central banks in nine new countries to ensure the world's dollar-dependent financial system continued to function.
US Shares Rebound As Central Bank Boosts Liquidity To Fight Virus Effect
Business | Reuters | Wednesday March 18, 2020
On Tuesday, the Trump administration pursued an $850 billion stimulus package to buttress the economy and mulled sending Americans $1,000 checks within two weeks.
Worst Day For Wall Street In 3 Decades As Coronavirus Slams Economy
World News | Agence France-Presse | Tuesday March 17, 2020
Wall Street stocks had their worst day since 1987 on Monday, joining the global market carnage as the coronavirus outbreak shut down a widening part of the US and global economy. The Dow Jones Industrial Average plunged 12.9 percent, or nearly 3,000 points, at 20,188.52.
US Markets Crash Again As Dow Plunges 1,700 Points In Early Trade
Business | Edited by Abhik Deb (with inputs from agencies) | Thursday March 12, 2020
Trading in US markets was halted for the second time this week after Dow Jones Industrial Average Index slipped 1,700 points in early trade on Thursday.USequities plunged 7 per cent, triggering a NYSE circuit breaker that halts trading for 15 minutes, news agency Bloomberg reported.
Dow Sheds Above 4%, Nearly Erases Tuesday Gains In Early Trade
Business | Edited by Abhik Deb (with inputs from agencies) | Wednesday March 11, 2020
US markets were once again staring at a bearish day at hand as the Dow Jones industrial average shed more than 1,000 points or above 4 per cent in early trade. The S&P 500 and Nasdaq indices also slipped more than 2 per cent each. The sell off meant that the Dow Jones index nearly wiped off the 1,167 point gain it managed in Tuesday's trade.
A Day After Rout, Wall Street Buoyed On Stimulus Hopes
Business | Reuters | Tuesday March 10, 2020
Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now expect the Federal Reserve to cut interest rates for a second time this month, with President Donald Trump piling more...
Dow Jones Dives 2,000 Points After Oil Shock
Business | Reuters | Monday March 9, 2020
Global stocks plunged on Monday and prices for crude oil tumbled as much as 33 per centafter Saudi Arabia launched a price war with Russia.
Asian Shares Mixed After US Central Bank Announces Unscheduled Rate Cut
Business | Reuters | Wednesday March 4, 2020
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan edged 0.2 per cent higher, after easing hopes drove gains on Tuesday. Overnight in the US, the Dow Jones industrial average, Nasdaq Composite and S&P 500 each closed down close to 3 per cent.
World's Richest Lose $444 Billion As Coronavirus Spooks Markets
World News | Tom Metcalf, Jack Witzig and Tom Maloney, Bloomberg | Monday March 2, 2020
Last week was an expensive one for most investors, even for billionaires. The combined fortunes of the world's 500 richest people fell by $444 billion as the coronavirus continued to spread -- and spread fear -- rattling equity markets worldwide.
Markets Poised To Extend Gains For Second Consecutive Day
Business | Edited by Peter Noronha | Tuesday February 4, 2020
The European markets had edged higher on Monday due to relief that UK finally exited the European Union. US stocks also rallied overnight, boosted by surprise strength in US manufacturing activity, following a sharp selloff last week on concerns about the economic impact of coronavirus. The Dow Jones rose 143 points or 0.5 per cent to 28,399, Na...
Markets Likely To Open Higher Ahead of Economic Survey
Business | Edited by Peter Noronha | Friday January 31, 2020
The Dow Jones reversed course towards the end of the session and rose 124 points to close at 28,859, the S&P 500 added 10 points to end at 3283 and Nasdaq Composite was up 23 points to close at 9298.
Why US stocks posted the longest weekly rally since October?
Aug 6, 2012
Dow erases 2012 gains; US unemployment rate rises
Jun 1, 2012
Heads roll at JPMorgan after $2bn trading loss; Dow falls to lowest levels since January
May 14, 2012
Dow hits new high; US manufacturing data calms worries of slowdown
May 1, 2012
Federal Reserve leaves rates unchanged; Earnings weigh on Dow
Apr 26, 2012
Earnings boost Dow Jones; IMF wins $400 bn funding
Apr 20, 2012
Wal--Mart's e-commerce division to double India employee strength
Apr 17, 2012
Alcoa's surprisingly good results drives Dow up; Nokia hits 14-year low
Apr 11, 2012
Bernanke hints at another QE3, Wall Street rises
Mar 26, 2012
US Economy Contracts 32.9% In June Quarter, Wall Street Crashes
Business | Edited by Abhik Deb (with inputs from agencies) | Thursday July 30, 2020
The drop in GDP was more than triple the previous all-time decline of 10 per cent in the second quarter of 1958
US Stocks Rise In Early Trade On Hopes Of Swift Economic Recovery
Business | Reuters | Wednesday June 17, 2020
Wall Street LIVE Updates: The technology stocks-heavy Nasdaq Composite gained 47.45 points, or 0.48 per cent, to 9,943.31 at the opening bell.
Sensex, Nifty Likely To Have A Weak Start
Business | Edited by Peter Noronha (with inputs from agencies) | Thursday April 16, 2020
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6 per cent. In Japan, where a Reuters survey showed most firms feel stimulus measures announced so far are insufficient, the Nikkei fell 1.3 per cent.
Dow Surges Again After US Economic Relief Bill Advances
World News | Agence France-Presse | Friday March 27, 2020
The Dow surged for a third straight session Thursday after a massive US economic relief package cleared the Senate and data showed an unprecedented spike in unemployment claims.
Wall Street Posts Cautious Gains After Steep Losses On Coronavirus
Business | Reuters | Friday March 20, 2020
The Federal Reserve opened swap lines with central banks in nine new countries to ensure the world's dollar-dependent financial system continued to function.
US Shares Rebound As Central Bank Boosts Liquidity To Fight Virus Effect
Business | Reuters | Wednesday March 18, 2020
On Tuesday, the Trump administration pursued an $850 billion stimulus package to buttress the economy and mulled sending Americans $1,000 checks within two weeks.
Worst Day For Wall Street In 3 Decades As Coronavirus Slams Economy
World News | Agence France-Presse | Tuesday March 17, 2020
Wall Street stocks had their worst day since 1987 on Monday, joining the global market carnage as the coronavirus outbreak shut down a widening part of the US and global economy. The Dow Jones Industrial Average plunged 12.9 percent, or nearly 3,000 points, at 20,188.52.
US Markets Crash Again As Dow Plunges 1,700 Points In Early Trade
Business | Edited by Abhik Deb (with inputs from agencies) | Thursday March 12, 2020
Trading in US markets was halted for the second time this week after Dow Jones Industrial Average Index slipped 1,700 points in early trade on Thursday.USequities plunged 7 per cent, triggering a NYSE circuit breaker that halts trading for 15 minutes, news agency Bloomberg reported.
Dow Sheds Above 4%, Nearly Erases Tuesday Gains In Early Trade
Business | Edited by Abhik Deb (with inputs from agencies) | Wednesday March 11, 2020
US markets were once again staring at a bearish day at hand as the Dow Jones industrial average shed more than 1,000 points or above 4 per cent in early trade. The S&P 500 and Nasdaq indices also slipped more than 2 per cent each. The sell off meant that the Dow Jones index nearly wiped off the 1,167 point gain it managed in Tuesday's trade.
A Day After Rout, Wall Street Buoyed On Stimulus Hopes
Business | Reuters | Tuesday March 10, 2020
Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now expect the Federal Reserve to cut interest rates for a second time this month, with President Donald Trump piling more...
Dow Jones Dives 2,000 Points After Oil Shock
Business | Reuters | Monday March 9, 2020
Global stocks plunged on Monday and prices for crude oil tumbled as much as 33 per centafter Saudi Arabia launched a price war with Russia.
Asian Shares Mixed After US Central Bank Announces Unscheduled Rate Cut
Business | Reuters | Wednesday March 4, 2020
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan edged 0.2 per cent higher, after easing hopes drove gains on Tuesday. Overnight in the US, the Dow Jones industrial average, Nasdaq Composite and S&P 500 each closed down close to 3 per cent.
World's Richest Lose $444 Billion As Coronavirus Spooks Markets
World News | Tom Metcalf, Jack Witzig and Tom Maloney, Bloomberg | Monday March 2, 2020
Last week was an expensive one for most investors, even for billionaires. The combined fortunes of the world's 500 richest people fell by $444 billion as the coronavirus continued to spread -- and spread fear -- rattling equity markets worldwide.
Markets Poised To Extend Gains For Second Consecutive Day
Business | Edited by Peter Noronha | Tuesday February 4, 2020
The European markets had edged higher on Monday due to relief that UK finally exited the European Union. US stocks also rallied overnight, boosted by surprise strength in US manufacturing activity, following a sharp selloff last week on concerns about the economic impact of coronavirus. The Dow Jones rose 143 points or 0.5 per cent to 28,399, Na...
Markets Likely To Open Higher Ahead of Economic Survey
Business | Edited by Peter Noronha | Friday January 31, 2020
The Dow Jones reversed course towards the end of the session and rose 124 points to close at 28,859, the S&P 500 added 10 points to end at 3283 and Nasdaq Composite was up 23 points to close at 9298.
Why US stocks posted the longest weekly rally since October?
Aug 6, 2012
Dow erases 2012 gains; US unemployment rate rises
Jun 1, 2012
Heads roll at JPMorgan after $2bn trading loss; Dow falls to lowest levels since January
May 14, 2012
Dow hits new high; US manufacturing data calms worries of slowdown
May 1, 2012
Federal Reserve leaves rates unchanged; Earnings weigh on Dow
Apr 26, 2012
Earnings boost Dow Jones; IMF wins $400 bn funding
Apr 20, 2012
Wal--Mart's e-commerce division to double India employee strength
Apr 17, 2012
Alcoa's surprisingly good results drives Dow up; Nokia hits 14-year low
Apr 11, 2012
Bernanke hints at another QE3, Wall Street rises
Mar 26, 2012
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