Concerns about low inflation should keep the Fed on hold for a prolonged period, removing a major uncertainty for ebullient investors. The Federal Reserve has taken away, for now, one of the biggest uncertainties
The stock market melt-up continues but the spreading coronavirus is starting to affect global economic activity. The major averages are now 1.3% to 1.4% below their recent all-time intraday highs, respectively.
NEW YORK (AP) — U.S. stocks tumbled following a sell-off in markets in Europe and Japan Monday after China announced a sharp rise in cases of a deadly new virus that threatens to crimp global economic
Officials are currently investigating 5,794 suspected cases and tracking over 32,000 close contacts with infected patients. Global markets sank overnight Sunday as investor fear mounted over the spread
New York (CNN Business) — The Dow tumbled Monday morning, as US stock nosedived on the continuing global spread of coronavirus. The S&P 500 (SPX) fell 1.3%, while the Nasdaq Composite (COMP) was down The