Stock market

Traders gather on the New York Stock Exchange trading floor on Sept. 30. Major U.S. stock indexes rose Wednesday after President Trump said he'd be willing to consider economic relief measures. Trump earlier had called off such talks with lawmakers.

Stocks Surge After White House Says It's Open To Pandemic Aid After All

5:01pm October 07, 2020

by Jim Zarroli

Stocks reversed Tuesday's losses amid word that the Trump administration was considering stand-alone bills to aid airlines and small businesses. The president had called off talks on a relief bill.

U.S. stock indexes fell sharply Monday following a report that large global banks were involved in transactions flagged as possible money laundering.

Economy

Stocks Tumble On Big Banks' Role In Money Laundering Report, Fears Of Relief Delay

4:44pm September 21, 2020

by Avie Schneider

The Dow falls more than 500 points as a report says large global banks were involved in transactions flagged as possible money laundering and hopes dim for Congress to pass another relief measure.

Moderna, based in Cambridge, Mass., has reached phase three trials for its coronavirus vaccine. At the same time, its executives have sold tens of millions of dollars worth of stock, which has led to intense criticism of the company.

'Bad Optics' Or Something More? Moderna Executives' Stock Sales Raise Concerns

11:35am September 04, 2020

by Tom Dreisbach

Moderna is currently developing a promising, yet still unproven, vaccine against the coronavirus. But Moderna executives have already sold tens of millions of dollars worth of stock in the company.

Economy

There's More Big Tech In Your Life Than You Even Know. Check Out Your Stock Portfolio

11:57am August 20, 2020

by Jim Zarroli

The market is hitting records, in large part because of a handful of superstar tech stocks. Apple, Amazon, Microsoft, Facebook, Netflix and Google's parent dominate indexes in retirement funds.

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People walk near the New York Stock Exchange in June. The S&P 500 index has fully recovered from its plunge earlier this year when the pandemic began shutting down much of the economy.

Economy

The Big Comeback: S&P 500 Closes At Record High 6 Months After Coronavirus Plunge

5:07pm August 18, 2020

by Avie Schneider

After plummeting 34% from its prior peak, the stock index has staged a steady recovery — gaining more than 50% since March, when lockdowns shut down much of the economy.

Stock trading has become easier and cheaper than ever. But have venues like Robinhood made it too risky for inexperienced investors?

Economy

Millions Turn To Stock Trading During Pandemic, But Some See Trouble For The Young

10:25am August 11, 2020

by Jim Zarroli

Stock trading has become easier and cheaper than ever. And people stuck at home during the pandemic have flocked to it. But have venues like Robinhood made it too risky for inexperienced investors?

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Marie Biscarra, co-owner of ISSO fashion boutique in San Francisco, writes a sign declaring her business open for curbside delivery on May 18. Retail sales jumped a record 17.7% last month.

Stocks Soar After Strong Retail Sales And Reported Trump Infrastructure Plan

4:05pm June 16, 2020

by Avie Schneider

The Dow Jones Industrial Average gains 526 points after reports that retail sales rebounded strongly in May and that the Trump administration is preparing an infrastructure plan to boost the economy.

The Federal Reserve, led by Chairman Jerome Powell, announced it will buy corporate bonds, its latest step to prop up the economy.

Economy

Stocks Rebound As Fed Begins Buying Corporate Bonds

4:59pm June 15, 2020

by Avie Schneider

U.S. stock indexes fell earlier on Monday, but they turn higher after the Federal Reserve announces it will start buying corporate debt.

Matt Comstock (left) takes the temperature of a guest at Busch Gardens in Tampa, Fla., on Wednesday. A spike in coronavirus cases in Florida and other states raised concerns in financial markets.

Economy

Dow Gains 477 Points After Dramatic Plunge Spurred By A Spike In Coronavirus Cases

4:41pm June 12, 2020

by Avie Schneider

Major stock indexes bounce back a day after the Dow lost 1,861 points amid spikes in new cases in states that had reopened their economies.

Stocks fell sharply Thursday after coronavirus cases spike and the Federal Reserve warned that the recovery will take a long time.

Economy

Market Meltdown: Dow Dives 1,800 Points On Worries Of 2nd Coronavirus Wave

4:07pm June 11, 2020

by Jim Zarroli

The Dow and other stock indexes plunged as cases surged in several states and the Federal Reserve warned that the pandemic "will weigh heavily on economic activity."