Tag Archives: Markets

Stocks Crushed Again as Selloff Intensifies, Fed Says It Will Act ‘Appropriately’

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Stocks extended declines Friday amid the worst week for world stocks since the 2008 financial crisis. Coronavirus update: 2,788 deaths in China and 78,824 confirmed cases. Globally, there are 2,867 deaths and 83,867 confirmed cases. Clorox is Real Money’s Stock of the Day. The disinfectant maker has stepped up production …

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Trump chief of staff Mulvaney suggests people ignore coronavirus news to calm markets

Trump chief of staff Mulvaney suggests people ignore coronavirus news to calm markets

Acting White House Chief of Staff Mick Mulvaney on stage at the Conservative Political Action Conference 2020 (CPAC) hosted by the American Conservative Union on February 28, 2020 in National Harbor, MD. Samuel Corum | Getty Images White House chief of staff Mick Mulvaney on Friday suggested that Americans should …

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Ex-Fed Gov Warsh sees coordinated global central bank action

Ex-Fed Gov Warsh sees coordinated global central bank action

Former Federal Reserve Governor Kevin Warsh said Friday he expects the Fed and other central banks around the world to act soon in response to the coronavirus outbreak. Warsh, occasionally rumored to be a candidate for Fed chairman after Jerome Powell’s term expires, spoke Friday morning to CNBC’s “Squawk Box.” …

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Coronavirus spreads in three continents; $5 trillion wiped off markets By Reuters

© Reuters. Employees work on a medical supply production line at a factory in Huaian

© Reuters. Employees work on a medical supply production line at a factory in Huaian By Stephanie Nebehay and Ryan Woo GENEVA/BEIJING (Reuters) – Countries on three continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities in expectation …

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Sensex Plunges 1,400 Points, Nifty At 11,200 as Coronavirus Rattles Markets

Sensex Plunges Over 1,150 Points, Nifty Slumps Below 11,300 As Coronavirus Spooks Global Markets

Banking, automobile, metal and information technology shares were worst hit in the day’s carnage. The benchmark indices plunged on Friday, hitting their lowest levels since mid-October and correcting for the sixth day in a row, on fears that coronavirus outbreak may trigger recession across major economies. Hopes the coronavirus would be …

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Sensex Plunges Over 1,100 Points, Nifty Struggles Near 11,300 As Coronavirus Spooks Global Markets

Sensex Plunges Over 1,150 Points, Nifty Slumps Below 11,300 As Coronavirus Spooks Global Markets

All of the 11 sectoral indices on the NSE suffered losses, and all 50 shares in Nifty fell Domestic stock markets suffered sharp losses on Friday as global markets stared at the worst week since the 2008-09 financial crisis amid fears the spread of coronavirus would affect global growth. …

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Stock futures point to more losses after Thursday’s massive tumble amid coronavirus fears

Stock futures point to more losses after Thursday's massive tumble amid coronavirus fears

Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. stock futures pointed Thursday night to more losses after the major indexes suffered a tumble that sent them more than 10% below their record highs. Dow …

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Stocks plunge as coronavirus pandemic fears rock markets

SHANGHAI, Jan. 7, 2020 -- Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. U.S. electric carmaker Tesla officially delivered the first batch of 10 made-in-China Model 3 sedans to the public Tuesday afternoon, one year after the company broke ground on its first overseas plant. The company also announced the launch of a project to manufacture Model Y vehicles in its Shanghai gigafactory.(Photo by Ding Ting/Xinhua via Getty) (Xinhua/Ding Ting via Getty Images)

Markets are reeling again on Thursday, after the U.S. reported its first coronavirus case involving a person who didn’t travel to an infected country, and didn’t knowingly interact with someone who did. Experts are becoming increasingly resigned to a worldwide spread of the disease, even as China’s new infections slow. …

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WHO advising Tokyo 2020 Olympics organizers as coronavirus spreads

WHO advising Tokyo 2020 Olympics organizers as coronavirus spreads

People wearing protective face masks, following an outbreak of the coronavirus, are seen in front of the Giant Olympic rings at the waterfront area at Odaiba Marine Park in Tokyo, Japan, February 27, 2020. Athit Perawongmetha | Reuters The World Health Organization said Thursday that it is advising the organizers …

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5 things to know before the stock market opens February 26, 2020

5 things to know before the stock market opens February 26, 2020

1. Dow futures swing wildly between steep losses and gains after this week’s plunge U.S. stock futures, in a highly volatile overnight session, were pointing to a mixed open Wednesday. The Dow Jones Industrial Average dropped another 879 points Tuesday, bringing its two-day loss to nearly 1,900 points as the …

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