Latest Stock markets News

In this photo taken from video provided by the New York Stock Exchange, Robert Glorioso, Chief, Building Engineering Operations, rings the opening bell at the NYSE, Thursday, April 2, 2020. Stocks are wavering between small gains and losses early Thursday after a report showed a record number of Americans lost their jobs last week due to the coronavirus outbreak. (New York Stock Exchange via AP)

Stocks rise as a bounce in oil prices lifts energy sector

Apr. 2, 2020 12:16 PM EDT

NEW YORK (AP) — Wall Street pushed higher Thursday after a surge in oil prices helped resuscitate beaten-down energy stocks. The gains helped overshadow another report showing the coronavirus outbreak is forcing a record-breaking number of Americans into the unemployment queue. The S&P 500 was up 2%...

An Indian policeman wearing a virus themed helmet rides on a horse during an awareness rally aimed at preventing the spread of new coronavirus in Hyderabad, India, Thursday, April 2, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mahesh Kumar A.)

Outbreak: bankruptcies, layoffs, quiet skies and empty rails

Apr. 2, 2020 12:08 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had about 10 million...

An Indian policeman wearing a virus themed helmet rides on a horse during an awareness rally aimed at preventing the spread of new coronavirus in Hyderabad, India, Thursday, April 2, 2020. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mahesh Kumar A.)

Outbreak: bankruptcies, layoffs and quiet skies

Apr. 2, 2020 9:52 AM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ____________ ZOOM: At the end of last year, the video-conferencing company Zoom had about 10 million...

FILE - In this Jan. 10, 2020, file photo, the Charging Bull stands in Manhattan's financial district in New York. The virus pandemic that has killed over 40,000 people worldwide is also wreaking havoc on corporate profits, with Wall Street forecasting a double-digit decline in the second quarter and no return to growth the rest of the year. (AP Photo/Mark Lennihan, File)

Profit forecasts tank as virus pandemic whacks economy

Apr. 2, 2020 8:10 AM EDT

NEW YORK (AP) — The virus pandemic that has killed over 40,000 people worldwide is also wreaking havoc on corporate profits, with Wall Street forecasting a double-digit decline in the second quarter and no return to growth the rest of the year. Companies began 2020 hoping to put a year of trade war-induced...

A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, April 2, 2020. Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak's global economic cost increased.(AP Photo/Kin Cheung)

Asian stocks mixed as economic toll of virus worsens

Apr. 2, 2020 12:04 AM EDT

BEIJING (AP) — Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak's global economic cost increased. Benchmarks in Tokyo and Hong Kong opened lower but were trading higher by...

A closed sign is displayed on a Macy's storefront window Monday, March 30, 2020, in San Francisco. Macy's announced that they would furlough a majority of their 130,000 workers after their stores closed due to the virus outbreak. (AP Photo/Ben Margot)

Macy's to be removed from S&P 500; credit rating downgraded

Apr. 1, 2020 12:10 PM EDT

Its market value just a fraction of what it was five years ago, Macy's is being removed from the S&P 500 index. Macy's has been struggling amid competition from discounters and online retailers like Amazon. S&P Dow Jones Global Indices said Tuesday that Macy's will be removed from the benchmark S&P...

Stocks fall more than 3% at open on Wall Street, following declines in Asia, Europe, as Trump warns of 'dark days' ahead

Apr. 1, 2020 9:34 AM EDT
NEW YORK (AP) — Stocks fall more than 3% at open on Wall Street, following declines in Asia, Europe, as Trump warns of 'dark days' ahead.
A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, April 1, 2020. Asian shares were mixed Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. (AP Photo/Vincent Yu)

Asian stocks fall on lagging worries about virus, recession

Mar. 31, 2020 10:57 PM EDT

TOKYO (AP) — Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. Japan's benchmark Nikkei 225 dropped 1.7% in morning trading to 18,588.90. Adding to the damage was the Bank of Japan's...

How major US stock indexes fared Tuesday

Mar. 31, 2020 4:35 PM EDT

Stocks closed lower on Wall Street Tuesday, ending the first three months of the year with a decline of 20%, the market's worst quarter since the dark days of the financial crisis. The loss for the S&P 500 in March alone was 12.5% as the surge of coronavirus cases sent investors fleeing from the market....

Stocks fall and the S&P 500 ends with a first-quarter drop of 20%, its worst quarterly performance since 2008

Mar. 31, 2020 4:04 PM EDT
NEW YORK (AP) — Stocks fall and the S&P 500 ends with a first-quarter drop of 20%, its worst quarterly performance since 2008.