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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......»»

Category: topSource: reutersApr 3rd, 2020

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......»»

Category: topSource: reutersApr 3rd, 2020

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......»»

Category: topSource: reutersMay 15th, 2020

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......»»

Category: topSource: reutersMay 13th, 2020

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......»»

Category: topSource: reutersMay 6th, 2020

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......»»

Category: topSource: reutersMay 6th, 2020

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......»»

Category: topSource: reutersMay 6th, 2020

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......»»

Category: topSource: reutersMay 5th, 2020

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......»»

Category: topSource: reutersMay 5th, 2020

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......»»

Category: topSource: reutersApr 21st, 2020

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......»»

Category: topSource: reutersApr 20th, 2020

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......»»

Category: topSource: reutersApr 15th, 2020

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......»»

Category: topSource: reutersApr 13th, 2020

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......»»

Category: topSource: reutersApr 13th, 2020

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......»»

Category: topSource: marketwatchApr 12th, 2020

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......»»

Category: topSource: reutersApr 3rd, 2020

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......»»

Category: topSource: reutersApr 2nd, 2020

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......»»

Category: videoSource: reutersApr 1st, 2020

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......»»

Category: topSource: reutersApr 1st, 2020

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......»»

Category: topSource: reutersMar 26th, 2020

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.....»»

Category: topSource: bizjournalsMar 25th, 2020