Bloodbath on Wall Street as stocks in worst week since 2008
As coronavirus fears mount, investors sold off stocks amid fears that the outbreak could curtail economic growth.
Watch CBS News
As coronavirus fears mount, investors sold off stocks amid fears that the outbreak could curtail economic growth.
The contagion's rapid spread exposes a flaw in U.S. stock prices, and investors are running for cover.
The blue-chip stock index and S&P 500 both slide into "correction" territory as investors sweat over pandemic risks.
Investors have lost more than $2 trillion in recent days as analysts try to gauge the disease's economic impact.
Financial markets have lost more than $2 trillion in recent days amid growing concerns about the disease.
Growing fears about the widening economic impact of the outbreak sent stocks plummeting on Monday.
The spread of the new virus is starting to impact the U.S. stock market even though most cases are in China.
Shares opened lower on Thursday after China reported new cases, increasing worries about the economic impact.
Rise extends a rally as investors take cheer from strong corporate earnings and a drop in new virus cases in China.
The online mattress-delivery company's newly public shares shot up 25% in their first day of trading.
President Trump likes to say how much stocks have risen on his watch. Among the past four presidents, he ranks third.
Emerging impact of China's coronavirus on overseas travel and business wipes out the Dow's gains so far for 2020.
Wall Street saw its worst day in months, with shares of health care and travel companies taking big hits.
The deadly outbreak could crimp global economic growth and hurt some industries, from travel to luxury goods.
Shares of Novavax surged after the biotech announced that it is developing a potential treatment for the virus.
Travel industry could take hit, with some Wall Street analysts warning the health crisis poses investment risk.
Asian governments stepped up screening of travelers from China, prompting a selloff in airlines and travel stocks.
"A big fat dollop of geopolitical uncertainty has landed on investors desks," one Wall Street analyst said.
The S&P 500 rose nearly 29% on the year, as investors shrugged off global trade conflicts and recession fears
Amazon, Apple and other consumer technology companies extend gains into 13th day for Nasdaq composite.
Record consumer spending for holidays and hopes for a China trade deal push the tech stock index to a record close.
Stocks tend to do well this time of the year, but some question whether 2019's near 30% gains can continue in 2020.
Investors cheered by reports that the world's two biggest economies are ready to sign a "phase one" agreement.
Dow plunges 400 points after the president suggested the trade war could last until after 2020 election
A $150B fund headed by Ray Dalio, one of Wall Street's top China experts, is said to put money on a U.S. stock drop by March
The government shutdown stretched into Day 28 Tuesday as the stalemate over how to reopen the government continues.
Trump meets Japan's new, first female prime minister, and they sign a bilateral trade deal before going together to greet troops on the USS George Washington.
Staff Sgt. Demi Palecek and Capt. Dylan Blaha say they'll defy federal orders regarding Trump's immigration enforcement operation in Chicago.
The Trump administration is shaking up ICE's leadership, with plans to reassign as many as a dozen local leaders, as the agency faces pressure to ramp up arrests, sources told CBS News.
Rising utility bills across the country are leaving customers feeling powerless in the face of the escalating costs.
A Utah judge has ruled that the 22-year-old man charged with killing Charlie Kirk can appear in court wearing street clothes but must be physically restrained due to security concerns.
A nationwide string of threats and violent acts present a problem experts say is politically more complex than it seems.
Americans are paying significantly more for these food staples, inflation data shows. Will prices ever relent?
The Dodgers have jumped to a 2-1 lead in the 2025 World Series after a thrilling back-and-forth, extra-inning contest in Game 3 ended in a 6-5 win for Los Angeles after 18 innings.