Dow up 2,100 points on hopes for coronavirus bill
As pandemic slams U.S. economy, investors are counting on Congress to pass relief package approaching $2 trillion.
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As pandemic slams U.S. economy, investors are counting on Congress to pass relief package approaching $2 trillion.
Wall Street is looking to Washington to act as economic activity collapses around the country.
Stocks have crumbled in just three weeks, beaten down by mounting investor concerns over the coronavirus.
Concerns about the coronavirus pandemic bludgeoning the global economy continue to dominate financial markets. Dow futures were down hundreds of points.
Wall Street buoyed after Trump's Treasury chief said administration is considering "sending checks to Americans."
Dow futures were up hundreds of points, then in negative territory then back on solid ground after overseas markets stabilized
The S&P 500 is now up just 6% since Mr. Trump was inaugurated a little over three years ago in January 2017.
Fed interest-rate cut fails to reassure investors, as Dow plunges nearly 13% on mounting coronavirus fears.
U.S. central bank's surprise moves suggest a downturn "much deeper and more prolonged" than thought, experts fear.
Stocks jumped after Mr. Trump detailed measures to contain the coronavirus, reversing losses from Thursday's plunge.
A growing chorus of economic experts fear the outbreak will slam the U.S. and global economies.
It's the worst day for the index since 1987, when stocks tanked in the "Black Monday" crash.
Asian shares plunge and Dow and S&P futures tumble as markets' wild ride continues
World Health Organization is now calling the outbreak a pandemic, further roiling U.S. financial markets.
Main Street, not Wall Street, would be the most efficient target of any federal bailouts, many economists say.
Asian markets, Wall Street futures and oil prices were recovering somewhat from rout
Financial markets crater, rattled by the epidemic and a budding oil war between Saudi Arabia and Russia.
Plunges in stock, bond and oil markets are all flagging a significant drop in economic activity.
The dramatic losses follow a 10.1% drop for U.S. crude oil on Friday, which was its biggest loss in more than five years.
Investors are worried the economic damage from the virus outbreak will be worse than previously thought.
Here are the biggest factors behind the U.S. market's rockiest patch since the 2008 financial crisis.
U.S. financial markets are slumping, with some economists forecasting a major blow to domestic growth.
Dow soars more than 900 points, as investors cheer Biden's primary wins and U.S. government efforts to stem pandemic.
Experts question if lower interest rates are the right medicine for the disease that's sickening financial markets.
A handful of companies could play a major role if Americans are suddenly forced to limit contact with each other.
The move comes even though Ontario's leader said the anti-tariff ad would be halted beginning Monday.
Melissa strengthened into a major hurricane and is expected to bring "catastrophic" flash flooding and landslides to Jamaica, Haiti and the Dominican Republic.
Former vice president Kamala Harris spoke about the possibility of a woman being in the White House one day in an interview with the BBC.
President Trump met with the emir and prime minister of Qatar Saturday aboard Air Force One during a refueling stop.
President Trump late Friday pushed for several Biden-era Justice Department officials to be prosecuted over an FBI investigation into the fallout of the 2020 election.
Russian missile and drone attacks on Ukraine overnight into Saturday killed at least four people and wounded 20, officials said.
Jose Castro-Rivera was in a vehicle that was stopped on a Virginia highway on Thursday morning, according to Virginia State Police.
June Lockhart, the actor best known for her role as the matriarch in the TV series "Lassie", has died, her family spokesperson said Saturday.
The government shutdown hit Day 26 with no deal in sight as the Senate stands adjourned for the weekend.