Tag Archives: Breaking News: Markets

Stock futures point to more losses Friday following market’s worst day since ‘Black Monday’

Stock futures point to more losses Friday following market's worst day since 'Black Monday'

Stock futures pointed to more pain ahead on Friday as they fell in overnight trading following major averages losing the most since the “Black Monday” market crash in 1987. As of 6:30 p.m. ET, futures on the Dow Jones Industrial Average lost more than 200 points in overnight trading Thursday. The overnight …

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Trump has lost the majority of his stock market gains amid equity rout

Trump has lost the majority of his stock market gains amid equity rout

The month’s historic plunge in the stocks — including’s Thursday’s eye-popping 8% drop — has dramatically slashed the market gains seen since President Donald Trump’s election What was once a 61% Dow gain since Trump’s election has evaporated to far thinner 18.2% rally as the index fell from an all-time high …

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Sell-off deepens, trading halted, S&P 500 heads for bear market

Sell-off deepens, trading halted, S&P 500 heads for bear market

Traders work on the floor of the New York Stock Exchange (NYSE) on March 09, 2020 in New York City. Spencer Platt | Getty Images This is a live blog. Check back for updates. 8:41 am: Nike shares tank after footwear imports from China plunge 8:40 am: Less than an hour …

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Dow futures drop 800 points as Trump speech disappoints investors

Dow futures drop 800 points as Trump speech disappoints investors

Traders work before the closing bell at the New York Stock Exchange (NYSE) on February 28, 2020. Johannes Eisele | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes fell on Wednesday night after an address from President Donald Trump failed to quell concerns over the …

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Bank of England cuts main interest rate to 0.25% amid coronavirus

Bank of England cuts main interest rate to 0.25% amid coronavirus

Mark Carney, governor of the Bank of England (BOE), gestures while speaking during the bank’s quarterly inflation report news conference in the City of London, U.K., on Thursday, Aug. 2, 2018.  Simon Dawson | Bloomberg | Getty Images The Bank of England (BOE) announced Wednesday an emergency cut to interest …

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Trump expected to seek aid for shale companies hit by oil rout

Trump expected to seek aid for shale companies hit by oil rout

US President Donald Trump gestures after arriving on Capitol Hill as US Senate Majority leader Mitch McConnell (R-KY) and Senator Roy Blunt (R-MO) look on in Washington, DC on March 10, 2020. Nicholas Kamm | AFP | Getty Images As oil prices decline and pressure energy companies, President Donald Trump …

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Dow futures rise 200 points, erase 400-point loss, after Trump floats payroll tax cut

Dow futures rise 200 points, erase 400-point loss, after Trump floats payroll tax cut

Stock futures rose in overnight trading Monday after the S&P 500’s worst day since the financial crisis. Futures on the Dow Jones Industrial Average gained about 244 points, indicating a higher open of about 290 points on Tuesday. The S&P 500 futures also traded slightly higher. Dow futures were down more …

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Oil plummets 30% as OPEC deal failure sparks price war

Oil plummets 30% as OPEC deal failure sparks price war

Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts caused Saudi Arabia to slash its prices as it reportedly gets set to ramp up production, leading to fears of an all-out price war. International benchmark Brent crude futures plummeted 30% …

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Dow futures drop 1,000 points as oil price war adds to outbreak stress

Dow futures drop 1,000 points as oil price war adds to outbreak stress

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020. Brendan McDermid | Reuters Stock futures tumbled in overnight trading Sunday as investors continued to brace for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war …

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Putin sparks an oil price war and US companies may be the victims

Putin sparks an oil price war and US companies may be the victims

Vladimir Putin just sparked what could end up being one of the ugliest oil price wars in modern history, and American oil and gas companies may be the victims. This weekend Saudi Arabia dropped the oil bomb. It not only cut its forward crude price to Chinese customers by as …

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