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Wall St. sees biggest weekly slump since 2008 crisis

Stocks fell for a seventh straight session and suffered their largest weekly drop since the financial crisis but ended Friday above their lows after Federal Reserve Chairman Jerome Powell issued a statement. Conway G. Gittens reports......»»

Category: videoSource: reutersFeb 28th, 2020

Wall Street losses broaden with no clarity on coronavirus impact

Wall Street's main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession......»»

Category: topSource: reutersFeb 28th, 2020

Crude posts biggest weekly losses since 2008, hit by coronavirus and Saudi price war

Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply......»»

Category: topSource: reutersMar 13th, 2020

London Markets: London stocks bounce, but set for biggest weekly loss since the financial crisis

London stocks were headed for the worst weekly performance since the 2008 Great Financial Crisis, even as they clawed back a fraction of some lost territory on Friday......»»

Category: topSource: marketwatchMar 13th, 2020

Oil prices set for biggest weekly drop since 2008

Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 5% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply......»»

Category: topSource: reutersMar 13th, 2020

Asia Markets: Asian stocks bounce after huge losses on news of possible U.S. tax cut

Tuesday’s rebounds followed Wall Street’s biggest one-day drop since the 2008 global crisis. Oil prices also bounced back from a record-setting fall......»»

Category: topSource: marketwatchMar 10th, 2020

Asia shares try to find a floor after headlong fall

Asian markets were set for a fraught session on Tuesday after Wall Street suffered its biggest one-day loss since the 2008 financial crisis, piling pressure on policy makers globally to short-circuit the panic......»»

Category: topSource: reutersMar 9th, 2020

Wall St. clobbered on oil plunge, virus crisis

Wall Street suffered its biggest one-day plunge since the 2008 financial crisis as recession worries grew, bond yields fell to new lows, crude oil prices crashed and coronavirus worries increased. Conway G. Gittens has the market round-up......»»

Category: videoSource: reutersMar 9th, 2020

These local companies have taken the biggest hits on Wall Street during current sell-off

The growing spread of the coronavirus last week sent the U.S. stock market to its steepest plunge since the 2008 financial crisis, and Greater Washington companies felt the pinch. The Dow suffered a 12.4% drop for the week, while S&P 500 decline.....»»

Category: topSource: bizjournalsMar 2nd, 2020

Wall Street bounce too little, too late as world stocks post shock weekly decline

Coronavirus panic sent world stock markets tumbling again on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global financial crisis, and over $5 trillion wiped from global market value this week......»»

Category: topSource: reutersFeb 28th, 2020

S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis

The S&P 500 fell for the seventh straight day on Friday and.....»»

Category: topSource: reutersFeb 28th, 2020

Going viral: Six charts and the $6 trillion loss

The rapid worldwide spread of coronavirus and the economic implications of the outbreak have triggered the biggest weekly stock market rout since the 2008 financial crisis, wiping $6 trillion off global equities......»»

Category: topSource: reutersFeb 28th, 2020

World stocks set for worst weekly slump since 2008 as pandemic fears intensify

World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession......»»

Category: topSource: reutersFeb 28th, 2020

Morgan Stanley"s Gorman charts ambitious course with $13 bln E*Trade deal

Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis......»»

Category: topSource: reutersFeb 20th, 2020

Morgan Stanley"s Gorman charts ambitious course with $13 billion E*Trade deal

Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis......»»

Category: topSource: reutersFeb 20th, 2020

Morgan Stanley to buy E-Trade for $13 billion

The all-stock takeover will combine a Wall Street firm in the late innings of a decadelong turnaround with a discount broker built on the backs of dot-com day traders. It is the biggest takeover by a giant U.S. bank since the 2008 financial crisis......»»

Category: topSource: moneycentralFeb 20th, 2020

Morgan Stanley to buy E-Trade for $13 billion

The all-stock takeover will combine a Wall Street firm in the late innings of a decadelong turnaround with a discount broker built on the backs of dot-com day traders. It is the biggest takeover by a giant U.S. bank since the 2008 financial crisis......»»

Category: topSource: moneycentralFeb 20th, 2020

Visa sees pandemic "storm" clearing

Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, as a surge in online shopping helped the world's biggest payment processor beat Wall Street estimates for quarterly profit and counter sluggish travel spending......»»

Category: topSource: foxnewsApr 27th, 2021

The Ratings Game: ViacomCBS stock keeps plunging to earth after another Wall Street analyst turns bearish

Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations......»»

Category: topSource: marketwatchMar 26th, 2021

The Ratings Game: ViacomCBS stock keeps tumbling to earth after another Wall Street analyst turns bearish

Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations......»»

Category: topSource: marketwatchMar 26th, 2021

Global dividends could rebound by as much as 5% this year: report

Global dividend payments could rebound by as much as 5% this year, a new report estimated on Monday, after the coronavirus caused the biggest slump in payouts since the financial crisis more than a decade ago......»»

Category: topSource: foxnewsFeb 21st, 2021