Latest Stock markets News

FILE - In this Feb. 24, 2020, file photo specialist Erica Fredrickson works with a colleague on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 25. (AP Photo/Richard Drew, File)

Stocks sink, bonds soar on fears virus will stunt economy

Feb. 25, 2020 7:37 PM EST

Stocks fell sharply again on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy. Nervous investors snapped up low-risk U.S. government bonds, sending the yield on the 10-year Treasury...

How major US stock indexes fared Tuesday

Feb. 25, 2020 4:42 PM EST

Stocks slumped and bond prices soared for the second day in a row Tuesday as fears spread that the widening virus outbreak will put the brakes on the global economy. Investors plowed money into bonds, sending the yield on the 10-year Treasury to a record low. The losses came a day after the market's biggest drop...

Stocks slump again, driving the S&P 500 down 3%, as fears grow that the virus outbreak will slow the global economy

Feb. 25, 2020 4:03 PM EST
NEW YORK (AP) — Stocks slump again, driving the S&P 500 down 3%, as fears grow that the virus outbreak will slow the global economy.

Stocks sink, bonds soar as fears spread virus will stunt economy; S&P 500 sinks 2%, 10-year Treasury yield at record low

Feb. 25, 2020 1:36 PM EST
NEW YORK (AP) — Stocks sink, bonds soar as fears spread virus will stunt economy; S&P 500 sinks 2%, 10-year Treasury yield at record low.
People stand an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

Virus outbreak keeps global markets in check

Feb. 25, 2020 8:26 AM EST

LONDON (AP) — Share prices around the world, particularly in Japan, took a hit Tuesday amid mounting fears about the economic impact of the new coronavirus outbreak. An anticipated solid opening on Wall Street provided some hope that the current bout of selling might ease. With cases of the virus outside...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

Asian shares extend losses after Dow drops more than 1,000

Feb. 24, 2020 10:21 PM EST

Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy. Japan's Nikkei 225 index lost 3%, to 22,686.61 after it...

Specialist Erica Fredrickson works with a colleague on the floor of the New York Stock Exchange, Monday, Feb. 24, 2020. Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy. (AP Photo/Richard Drew)

Fed's Mester says rate cut unnecessary to offset virus risks

Feb. 24, 2020 5:31 PM EST

WASHINGTON (AP) — A Federal Reserve official said Monday that she does not see a need to cut interest rates yet, even as worries about the viral outbreak that began in China caused global stock markets to plunge and some economists are penciling in a rate reduction by April. “I see it as a risk to...

FILE - This July 15, 2011, file photo shows Clorox brand products line the shelf of a supermarket in the East Village neighborhood of New York. A handful of companies are rising to new highs even as stock markets around the world tumble on worries about a rapidly spreading virus. Clorox is close to an all-time high after jumping Monday, Feb. 24, 2020, amid expectations that more homes and hospitals will use its disinfecting wipes, for example. (AP Photo/Mary Altaffer, File)

Disinfecting wipes, conference calls: Wall Street winners

Feb. 24, 2020 5:06 PM EST

NEW YORK (AP) — Stay indoors and stay clean. That's what Wall Street is betting people around the world will do given all the fears about a rapidly spreading virus. As stock markets tumble on worries about how much COVID-19 will harm people and slow the global economy, more than a handful of companies...

How major US stock indexes fared Monday

Feb. 24, 2020 4:58 PM EST

The Dow Jones Industrial Average sank more than 1,000 points Monday as the spread of the new coronavirus threatened wider damage to the global economy. The drop was the worst for the index in two years and wiped out its gains so far in 2020. Nervous investors scrambled for safety, loading up on gold, U.S....

Women wearing sanitary masks walk in downtown Milan, Italy, Monday, Feb. 24, 2020. Italy has been scrambling to check the spread of Europe's first major outbreak of the new viral disease amid rapidly rising numbers of infections, calling off the popular Venice Carnival, scrapping major league soccer matches in the stricken area and shuttering theaters, including Milan's legendary La Scala. (AP Photo/Luca Bruno)

Virus outbreak chills markets, outlook for global economy

Feb. 24, 2020 2:36 PM EST

FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute. Amid concerns that global output could decline for the first time since the global financial crisis a little...