Wall Street falls as coronavirus cuts into U.S. payrolls
Wall Street's main indexes fell on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, leaving little doubt that the economy is in a recession......»»
Wall Street falls as coronavirus shreds U.S. payrolls
Wall Street's main indexes fell on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months and amped up fears of a deep economic slow down......»»
Wall Street falls as trade war fears add to virus woes
A slump in technology stocks knocked Wall Street's main indexes lower on Friday, as signs of deteriorating trade relations between the United States and China added to economic worries due to the novel coronavirus pandemic......»»
Wall Street falls on Powell"s grim outlook
Wall Street's main indexes fell on Wednesday after Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes due to the coronavirus pandemic......»»
Wall Street gains on optimism over easing lockdowns
Wall Street's main indexes rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past a stunning 20 million plunge in U.S. private payrolls last month......»»
Wall Street climbs on hopes of easing restrictions
U.S. stocks opened higher on Wednesday on hopes of a pickup in business activity with states easing coronavirus-induced curbs, while investors looked past a stunning 20 million plunge in U.S. private payrolls last month......»»
Wall Street set to open higher on lockdown easing optimism
U.S. stock indexes were set to open higher on Wednesday on hopes of a pickup in business activity with states easing coronavirus-led curbs, while investors looked past a stunning 20 million plunge in U.S. private payrolls last month......»»
Thomson Reuters cuts sales outlook, narrowly misses earnings estimates
Thomson Reuters cut its full-year sales outlook due to disruption to the global economy from the coronavirus crisis on Tuesday as it reported higher quarterly sales and earnings which fell slightly short of Wall Street estimates......»»
Thomson Reuters cuts sales outlook, narrowly misses earnings
Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due to disruption to the global economy from the coronavirus crisis......»»
Wall Street falls as U.S. crude collapse compounds pandemic woes
Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual profit forecasts by companies foreshadowed the biggest economic slump since the Great Depression due to the coronavirus outbreak......»»
Wall Street falls as crude slump hammers energy stocks
Wall Street fell at the open on Monday as energy shares took a hit from a crash in oil prices, with investors bracing for a week packed with earnings reports and economic data that could provide more evidence of the damage wrought by the coronavirus......»»
Wall Street falls on dour economic data, corporate earnings
U.S. stocks fell on Wednesday as dismal economic data and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak......»»
Crude mixed on output deal, recession fears; shares slip
Stocks on Wall Street slid on Monday over concerns of what the coronavirus pandemic will do to corporate earnings while crude prices were mixed as a global deal on record output cuts failed to quell doubts the pact would head off an oil glut......»»
Crude gains on output deal, shares slip on recession fears
Stocks on Wall Street slid while crude prices edged higher on Monday as a global deal on record output cuts failed to quell concerns on whether the pact is enough to head off an oil glut as the coronavirus pandemic hammers economies worldwide......»»
The Wall Street Journal: OPEC and its allies on Sunday strike historic agreement to cut nearly 10 million barrels a day
Saudi Arabia, Russia and the U.S. agree to lead a multinational coalition in major oil-production cuts after a month-long Saudi-Russian feud and a drop in demand due to the coronavirus crisis devastated oil prices......»»
Wall Street falls as coronavirus ends record job growth
Wall Street's main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end, with data showing that hundreds of thousands of people lost their jobs last month due to the coronavirus......»»
Wall Street falls at open as jobless claims top 6 million
U.S. stock indexes fell at the open on Thursday after U.S. jobless claims blew past a record 6 million as more states enforced stay-at-home measures to combat the coronavirus pandemic......»»
Wall Street sinks as coronavirus fear grows
The Dow Jones tumbled roughly 700 points Wednesday as investors fled to safe-haven assets after new orders for U.S.-made goods plunged to an 11-year low and private payrolls fell for the first time since 2017. Fred Katayama reports......»»
Wall Street sinks as coronavirus anxiety grows
The Dow Jones tumbled more than 700 points on Wednesday as investors fled to safe-haven assets after new orders for U.S.-made goods plunged to an 11-year low and private payrolls fell for the first time since 2017......»»
Morgan Stanley promises no job cuts in 2020 as coronavirus crisis grows
Morgan Stanley pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic......»»
TripActions cuts hundreds of jobs as COVID-19 sinks corporate travel
TripActions Inc. on Tuesday made a deep cut in staff after the coronavirus pandemic sharply curtailed its corporate travel business. The Wall Street Journal cited an unnamed source who said the move involved hundreds and cut the Palo Alto company's wo.....»»