NEW YORK (AP) — The deepening coronavirus crisis sent stocks into another alarming slide Thursday, extending a sell-off that has wiped out most of the big run-up on Wall Street since President Donald Trump’s inauguration. LIKE US ON FACEBOOK. FOLLOW US ON INSTAGRAM & TWITTER. SUBSCRIBE TO OUR YOUTUBE. The Dow Jones Industrial Average plummeted more than 2,250 points, or […]
Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy. The staggering losses, including a 7.8% tumble in the Dow Jones Industrial Average, immediately raised fears that a […]
People everywhere are worried about the Coronavirus, and even more worried about the response from the American government. Donald Trump said that we only have 15 confirmed cases and that it’ll soon be zero. But, Russ believes the only reason he said that was to help the stock market which had dropped 2,000 points. “It’s about […]
This morning we’re talking about the recent turbulence in the markets. What have we seen lately? There is no denying that the markets have been choppy in recent weeks. After a very strong period at the beginning of the summer, the NASDAQ fell by 3.75% in the past two weeks, while the Dow Jones shed […]
This morning we are talking about the stock market again. What’s on tap today? Saturday marked a big day. On March 9, the current stock market run turned 10. Ten years ago in March of 2009, the financial crisis and the resulting Great Recession were in full swing. The financial system was destabilized, the economy […]
SAN FRANCISCO (AP) — Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company’s most profitable product has lost some of its luster. The reckoning came in a letter from Apple CEO Tim Cook to the company’s shareholders released after the stock market closed Wednesday. Cook said Apple’s revenue for the […]
Shares of electric car maker Tesla Inc. fell more than 6 percent early Friday after the CEO appeared to smoke marijuana during an interview and the company’s accounting chief left after a month on the job. CEO Elon Musk appeared on “The Joe Rogan Experience” overnight. About two hours into the podcast, which can be […]
SAN FRANCISCO (AP) — Spotify is about to find out whether investors view its music streaming service as a budding superstar or a flash in the pan. The Swedish company will make its stock market debut Tuesday, casting a spotlight on its early lead in music streaming — a still-evolving field trying to hook people […]
What are the big financial mistake millennials are making? The mistake stems in part from a mistake many people make when they are young: they put off saving for retirement because retirement seems so far away. But for many millennials, they are exacerbating this problem by making a big mistake when they do start saving: […]
Tom: Today we are talking about market volatility, correct? Mellody: Yes we are! Since December, the stock market has experienced a period of volatility that has been unsettling to many investors. After all, until August the U.S. indices experienced a bull market that lasted over six and half years! Because of this, many have forgotten that some […]
NEW YORK (AP) — Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market. The world’s biggest online social network knocked the world’s largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday and the gap […]
