Stocks sink on new COVID variant; Dow loses 1,000 points
A day after the Stock Market was closed for Thanksgiving, news of a new COVID-19 variant sent stocks falling, with the Dow losing 1,000 points.
Stocks plunge over delta variant fears; Biden seeks to reassure over economy
Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.
S&P rallies to record as first half winds down
The benchmark index climbed 0.13% while the Dow Jones Industrial Average rose 210 points, or 0.61%.
Tech stocks slide as bond yields spike, GameStop soars
Investors turned their focus to another wild surge in GameStop and a handful of other stocks favored by online investors.
CEO defends Robinhood at House committee hearing over GameStop saga
The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth.
Florida professor warns against investments based on social media
The recent Gamestop mania may be over but there is a growing number of rookie investors relying on social media and meme stocks to get started investing.
Family of 20-year-old California investor who died thinking he lost over $730,000 sue Robinhood
The parents of Alex Kearns, 20, say he thought he had lost $730,000 when he took his own life. They are now suing Robinhood Financial, claiming the popular stock-trading platform’s business practices "directly" led to their son’s death.
College student uses GameStop stock earnings to donate Nintendo Switches, games to children’s hospital
A college student donated Nintendo Switches and games to Children’s Minnesota Hospital after making money from his GameStop stocks.
Some Redditors call #silversqueeze campaign a 'trap,' claim hedge funds behind surge
The rush into silver futures Monday created confusion amid Wall Street chaos, with some retail traders on Reddit calling the surge in commodity prices a “false flag.”
Investment firms back down after Reddit thread sends GameStop shares soaring
Wall Street professionals were counting on GameStop’s stock price to plunge - but an army of smaller investors rallied on Reddit to beat the pros and support the struggling retail chain.
Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
Dow crests 30,000 points on vaccine hopes, Biden transition
The Dow Jones Industrial Average traded above 30,000 points for the first time on Nov. 24 as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.
Dow hits 30,000 in broad market rally
Stocks tied to reopening of the economy continued to gain momentum.
Stocks shake off 2020 election night wobbles to rally
Much of Wednesday's strength for Wall Street was due to big gains for technology stocks. Investors have increasingly seen these stocks as some of the safer bets in the market, able to grow their profits even in a pandemic as more of daily life shifts online.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
Stock futures plunge after Trump confirms he has coronavirus
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
Fear turns to greed on Wall Street as Fed details bond buys
The Dow Jones Industrial Average was down 629 points, or 2.5%, at 24,975, as of 9:48 a.m. Eastern time, and the Nasdaq composite was down 1.5%. The losses were widespread, with 98% of the stocks in the S&P 500 lower
Dow sinks 1,800 as virus cases rise, deflating optimism
Stocks are falling sharply on Wall Street Thursday as coronavirus cases increase again, deflating recent optimism that the economy could recover quickly as lockdowns ease.
Stocks fight for gains after Trump vows to quell rioting
U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.
Stocks shrug off weekend riots, June begins on high note
ISM Manufacturing rose to 43.1 in May.