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On Wall Street, Some Optimism Penetrates the Uncertainty

By ALEX VEIGA and DAMIAN J. TROISE AP Business WritersNEW YORK — Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky selling that had gripped the market earlier may have come to an […]

By ALEX VEIGA and DAMIAN J. TROISE AP Business WritersNEW YORK -- Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky selling that had gripped the market earlier...

Global Stocks, US Futures Rise on Virus Aid Hopes

By JOE McDONALD AP Business WriterBEIJING (AP) — Global stock markets and U.S. futures rose Friday on hopes government and central bank action can shield the world economy from a looming recession caused by the coronavirus. London and Frankfurt opened more than 4% higher and Shanghai, Hong Kong and other Asian markets advanced. Seoul surged […]

By JOE McDONALD AP Business WriterBEIJING (AP) — Global stock markets and U.S. futures rose Friday on hopes government and central bank action can shield the world economy from a looming recession caused by the coronavirus. London and Frankfurt opened more than 4% higher and Shanghai, Hong Kong and other...

Wall Street Gains Momentum After Another Rocky Start

By STAN CHOE and DAMIAN J. TROISE and ALEX VEIGA AP Business WritersNEW YORK (AP) — Stocks are gaining momentum in afternoon trading on Wall Street Thursday in a market marked by less volatility than recent days as global authorities rush to support an economy decimated by the coronavirus pandemic. The S&P 500 rose 1.8% […]

By STAN CHOE and DAMIAN J. TROISE and ALEX VEIGA AP Business WritersNEW YORK (AP) — Stocks are gaining momentum in afternoon trading on Wall Street Thursday in a market marked by less volatility than recent days as global authorities rush to support an economy decimated by the coronavirus pandemic....

Global Shares Bounce after Wall St Dive, Recession Warning

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Shares rebounded in Europe and Asia on Tuesday after a brutal sell-off that gave the U.S. stock market its worst loss in over 30 years, with many economies grinding to a standstill in hopes of containing the spread of the coronavirus.  Paris, London, Hong Kong and Sydney […]

By ELAINE KURTENBACH AP Business WriterBANGKOK (AP) — Shares rebounded in Europe and Asia on Tuesday after a brutal sell-off that gave the U.S. stock market its worst loss in over 30 years, with many economies grinding to a standstill in hopes of containing the spread of the coronavirus.  Paris,...

Stocks Lose 6% on Wall Street as More Businesses Shut Doors

By STAN CHOE AP Business WriterNEW YORK (AP) — Stocks lost more than 6% on Wall Street Monday as huge swaths of the economy come closer to shutting down due to the coronavirus outbreak, from airlines to restaurants. Emergency actions taken by the Federal Reserve late Sunday to prop up the economy and get financial […]

By STAN CHOE AP Business WriterNEW YORK (AP) — Stocks lost more than 6% on Wall Street Monday as huge swaths of the economy come closer to shutting down due to the coronavirus outbreak, from airlines to restaurants. Emergency actions taken by the Federal Reserve late Sunday to prop up...

Asian Stock Markets, US Futures Fall After Fed Rate Cut

By JOE McDONALD AP Business WriterBEIJING (AP) — Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus controls that are shutting down business and travel. Sydney’s benchmark plunged 9.7%, Hong Kong’s Hang Seng lost 3.4% […]

By JOE McDONALD AP Business WriterBEIJING (AP) — Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus controls that are shutting down business and travel. Sydney's benchmark plunged 9.7%, Hong...

Stocks Claw Back Some Ground a Day after Historic Plunge

By ALEX VEIGA AP Business WriterStocks are clawing back some of their recent losses Friday at the end of a brutal week of selling as the spreading coronavirus heightened fears of a global recession. The gains, which came in yet another day of turbulent trading, follow the worst slide for the U.S. market since the […]

By ALEX VEIGA AP Business WriterStocks are clawing back some of their recent losses Friday at the end of a brutal week of selling as the spreading coronavirus heightened fears of a global recession. The gains, which came in yet another day of turbulent trading, follow the worst slide for...

A Look at What Happens When Stocks Enter a Bear Market

By ALEX VEIGA AP Business WriterWall Street’s staggering skid that began less than three weeks ago has pulled the Dow Jones Industrial Average into what’s known as a bear market. After a string of sharp losses, the Dow has now fallen more than 20% from its last peak on Feb. 12. The S&P 500, the […]

By ALEX VEIGA AP Business WriterWall Street's staggering skid that began less than three weeks ago has pulled the Dow Jones Industrial Average into what's known as a bear market. After a string of sharp losses, the Dow has now fallen more than 20% from its last peak on Feb....

Weathering the Stock Markets: One Investor’s Strategy

By JOYCE M. ROSENBERG AP Business WriterNEW YORK (AP) — Buy and hold — and don’t sell when the stock market plunges. That’s the strategy many market pros use, and it has served me well through more than three decades as an investor — and as a financial journalist who needed to know daily what […]

By JOYCE M. ROSENBERG AP Business WriterNEW YORK (AP) — Buy and hold — and don't sell when the stock market plunges. That's the strategy many market pros use, and it has served me well through more than three decades as an investor — and as a financial journalist who...

Stocks Climb, Tentatively, After Worst Day Since 2008

By STAN CHOE and DAMIAN J. TROISE AP Business WritersNEW YORK (AP) — U.S. stocks, oil and other financial markets around the world clawed back some of their historic plunge from a day before amid hopes that the U.S. and other governments around the world will pump in more aid for a virus-weakened global economy. […]

By STAN CHOE and DAMIAN J. TROISE AP Business WritersNEW YORK (AP) — U.S. stocks, oil and other financial markets around the world clawed back some of their historic plunge from a day before amid hopes that the U.S. and other governments around the world will pump in more aid...