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News Articles: Stock Market

A Bitcoin logo is seen during the Bitcoin 2022 Conference at Miami Beach Convention Center in Miami on April 8. Crypto such as Bitcoin have tumbled in recent days as part of a storm hitting all kinds of markets.

Tagged as: 

  • Business

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.

May 14, 2022
|
By:
  • David Gura
A Bitcoin logo is seen during the Bitcoin 2022 Conference at Miami Beach Convention Center in Miami on April 8. Crypto such as Bitcoin have tumbled in recent days as part of a storm hitting all kinds of markets.

Tagged as: 

  • Business

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.

May 14, 2022
|
By:
  • David Gura
Traders work on the floor of the New York Stock Exchange at the opening bell on Tuesday in New York. Stocks tumbled on Thursday after Russia invaded Ukraine, sending the Nasdaq into what's known as a bear market.

Tagged as: 

  • Business

Stocks are in turmoil as Russia invades Ukraine. Here are 4 things to know

Stocks staged a remarkable recovery after plunging earlier, underlining just how volatile conditions are after Russia invaded Ukraine.

February 24, 2022
|
By:
  • Scott Horsley
Traders work on the floor of the New York Stock Exchange at the start of trading on Monday following Friday's steep decline in global stocks over fears of the new omicron coronavirus variant discovered in South Africa.

Tagged as: 

  • Economy

Stocks dive over the potential economic fallout from the omicron variant

Stocks fell on Tuesday as investors weighed the potential economic fallout from the new coronavirus variant. Federal Reserve Chair Jerome Powell said the central bank could end its bond-buying early.

November 30, 2021
|
By:
  • Scott Horsley
Specialist Meric Greenbaum, left, works at his post on the floor of the New York Stock Exchange on Black Friday. Stocks dropped after a coronavirus variant appears to be spreading across the globe.

Tagged as: 

  • Health

Stocks and oil prices drop as the world reacts to new coronavirus variant omicron

Stock markets around the world tumbled on concerns about the new variant. While it's too soon to tell exactly how the variant functions, virologists are rushing to learn more.

November 26, 2021
|
By:
  • Martin Kaste and
  • Joel Rose
Stock trader Peter Tuchman works on the floor of the New York Stock Exchange on March 9, 2020.

Tagged as: 

  • Business

I Came Close To Dying: Wall Street's Most Photographed Man Is Ready For Normalcy

If 100% of a firm's traders are fully vaccinated, it can start sending more to the stock exchange floor. They can eat lunch in their booths again. Masks will be optional in some parts of the floor.

May 10, 2021
|
By:
  • David Gura
Fed Chairman Jerome Powell speaks during a House committee hearing on Sept. 23, 2020 in Washington, D.C. Powell, along with Treasury Secretary Janet Yellen, is set to appear before the House again on Tuesday to discuss relief aid and the state of the economy.

Tagged as: 

  • Economy

Fed Chair Touts 'Much Improved' Economy 1 Year After Stocks Hit Pandemic-Era Low

Jerome Powell and Treasury Secretary Janet Yellen will tell Congress the economy is recovering but that more needs to be done to get to pre-pandemic levels

March 23, 2021
|
By:
  • Scott Horsley
A man walks past a "Now Hiring" sign in front of a store in early December in Arlington, Va. U.S. employers added 379,000 jobs in February, as hiring picked up sharply from the previous month.

Tagged as: 

  • Economy

A Sign Of Hope After 'Winter Hibernation': Employers Add 379,000 Jobs

Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased.

March 06, 2021
|
By:
  • Scott Horsley

Tagged as: 

  • Business

Game Back On: GameStop Stock Rebounds As SEC Warns Against Market Manipulation

The video game retailer's shares shoot up, the online broker Robinhood struggles for cash and securities regulators issue a stern warning for anyone trying to game the market.

January 29, 2021
|
By:
  • Avie Schneider
Video game retailer GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.

Tagged as: 

  • Business

GameStop Stock Mania: Why Everyone Is Talking About It And Many Are Worried

GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.

January 29, 2021
|
By:
  • Avie Schneider
Stocks hit record highs on Wednesday after President Biden's inauguration.

Tagged as: 

  • Business

Stocks Close On Record Highs After Biden Inauguration

The Dow, S&P 500 and Nasdaq all hit new records as markets closed on Wednesday. Former President Donald Trump frequently cited stock market gains as a personal accomplishment.

January 20, 2021
|
By:
  • Camila Domonoske
Airbnb is listing shares of its initial public offering Thursday, capping a tumultuous year for the short-term rental company.

Tagged as: 

  • Business

Airbnb Now A $100 Billion Company After Stock Market Debut Sees Stock Price Double

The short-tem rental company says it's actually seeing an increase in its business because people are less inclined to stay at hotels and are choosing to "work from any home" during the pandemic.

December 10, 2020
|
By:
  • Bobby Allyn and
  • Avie Schneider
The Charging Bull statue is shown in New York's financial district. The Dow surpassed 30,000 points for the first time after President Trump allowed the transition process to begin.

Tagged as: 

  • Business

Dow Surges Past 30,000 Points For 1st Time In Historic Milestone

Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.

November 24, 2020
|
By:
  • Jim Zarroli
Stocks rallied after Moderna said its experimental COVID-19 vaccine was nearly 95% effective in a clinical trial.

Tagged as: 

  • Business

Stocks Hit Record High On Moderna's Vaccine News; Dow Nears 30,000

Investors were also reassured by comments from two Biden advisers that no nationwide COVID-19 lockdowns are being contemplated.

November 16, 2020
|
By:
  • Jim Zarroli
The U.S. flag hangs outside the New York Stock Exchange earlier this month. Investors have been grappling with a wave of uncertainty that's sent the market lower in recent weeks.

Tagged as: 

  • Business

Dow Plunges 943 Points; Steep Sell-Off Is Triggered By Fears Of More Lockdowns

The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.

October 28, 2020
|
By:
  • Jim Zarroli
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