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financial market news


Global stocks fell Wednesday after President Trump issued a stark new warning on the spread of the novel coronavirus in the U.S., reviving concerns about the potential damage to the world’s largest economy. Futures tied to the Dow Jones Industrial Average dropped 3%, suggesting that blue-chip stocks will decline a day after U.S. equities closed …

How bad has it been for the U.S. stock market in the first three months of 2020? In a word, historic, but returns are almost certain to improve over the longer term despite the current pain, if history is any guide. Indeed, it has been punishing for investors, as the market went into a coronavirus-sparked …

U.S. stocks are attempting to register two straight days of gains early Wednesday after lawmakers reached an agreement on a $2 trillion economic rescue package overnight, aimed at helping dampening the blow from the COVID-19 pandemic that has seized up business activity in much of the country. How are benchmarks performing? The Dow Jones Industrial …

It’s happening. A bona fide selloff took hold on Wall Street Monday after investors spent weeks attempting to come to terms with the potential impact of COVID-19 as it spreads in countries outside of China, threatening to dent global supply chains and economies. Second-biggest point drop If it holds until the closing bell, the day’s …

The old saw used to be that when the U.S. sneezes, the rest of the world catches a cold. Now, a more apropos adage for market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. Indeed, recession fears resurfaced …

Saudi Arabia is considering a break from its four-year oil-production alliance with Russia, according to people familiar with the matter, as China’s coronavirus outbreak contributes to a drop in global oil demand. The Saudi kingdom, Kuwait and the United Arab Emirates—which collectively represent over half of OPEC’s production capacity—are holding talks this week to discuss …

Funds that market themselves as sustainable investments aren’t necessarily focused on companies that fight climate change, develop wind turbines or promote diverse boards. Instead, many of them look a lot like a portfolio of big technology stocks. The five most commonly held S&P 500 stocks in actively managed sustainable equity funds last fall were Microsoft …

Text size Victories by Bernie Sanders tend to rock health-care stocks. Photograph by Joe Raedle/Getty Images Sen. Bernie Sanders has the best shot in the Democratic primary field at winning the Iowa caucuses this evening, according to pollsters. Sanders is a bit of a boogeyman for health-care investors, given his commitment to a health-insurance scheme …

Chinese markets dropped sharply Monday morning, reopening after the extended Lunar New Year break, because of heightened anxiety over the fast-spreading coronavirus and uncertainty about its impact on the global economy. The benchmark Shanghai Composite Index fell 8.2% on the first trading day of the Year of the Rat, putting the index on pace for …

U.S. stocks tumbled Friday, with the Dow and S&P 500 index recording their biggest one day falls since August, as fears that Chinese coronavirus epidemic would slow economic growth rattled Wall Street. A busy week of mixed U.S. corporate earnings reports preoccupied investors, with shares of bellwether Caterpillar slumping while shares of Amazon.com soared after …