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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

Wall Street losses deepen after Fed emergency rate cut

U.S. stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off the economic impact of the coronavirus outbreak and halt the worst sell-off in more than a decade......»»

Category: topSource: reutersMar 3rd, 2020

Wall Street"s sell-off deepens as coronavirus fears intensify

The Dow and the S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and investors offloaded risky assets as they struggled to gauge the economic impact......»»

Category: topSource: reutersFeb 25th, 2020

Europe Markets: European stocks slide as fears over lasting coronavirus hit to economies rise

European stock markets fell on Wednesday, taking a cue from sharp losses on Wall Street amid concerns investors have been too optimistic over the length of time it will take for economies to crawl back from the coronavirus pandemic......»»

Category: topSource: marketwatchMay 13th, 2020

Wall Street jumps as historic job losses fewer than feared

Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared......»»

Category: topSource: reutersMay 8th, 2020

Wall Street gets PayPal lift as Nasdaq wipes out 2020 declines

Wall Street's indexes climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn......»»

Category: topSource: reutersMay 7th, 2020

The Ratings Game: GM’s ‘master class’ in disclosure wins over Wall Street

General Motors Co. shares reap the rewards of “particularly solid” quarterly earnings and of giving Wall Street “detailed and articulate” information this week on the impact of the coronavirus pandemic on its business......»»

Category: topSource: marketwatchMay 7th, 2020

Disney, hit hard by coronavirus, to face Wall Street questions on impact on company

Disney's second-quarter financial report on Tuesday will offer the first assessment of the damage the coronavirus has wreaked on its global business......»»

Category: topSource: foxnewsMay 4th, 2020

Disney, hit hard by coronavirus, to face Wall Street questions on impact on company

Walt Disney Co's acquisitions spree that included swallowing much of Rupert Murdoch's 21st Century Fox last year, and a reputation for operational excellence, turned the company into the world's most powerful entertainment machine......»»

Category: topSource: reutersMay 4th, 2020

The Wall Street Journal: J.Crew files for bankruptcy protection, reaches debt-swap deal

J.Crew Group Inc., the preppy U.S. retailer that recently fell on hard times, Monday filed for bankruptcy protection, as several high-profile companies in the U.S. battle with the economic and financial impact of the coronavirus pandemic......»»

Category: topSource: marketwatchMay 4th, 2020

Comcast warns of steeper impact of coronavirus as first quarter revenue narrowly misses forecast

Comcast Corp on Thursday reported first quarter revenue that fell shy of Wall Street's estimate, and warned of a weaker second quarter as a result of the coronavirus impact on advertising, theme parks, and films......»»

Category: topSource: reutersApr 30th, 2020

Tesla to reveal coronavirus impact as US factory gears up for reopening

Wall Street analysts say investors will be focused on 2020 delivery guidance and cash burn when the company reports its first-quarter results......»»

Category: topSource: foxnewsApr 27th, 2020

Wall Street jumps on hopes worst for labor market is over

Wall Street jumped 1% on Thursday as a third straight decline in weekly jobless claims raised hopes the worst of the coronavirus pandemic's impact on the labor market was over, while energy stocks zoomed 5% on a rebound in oil prices......»»

Category: topSource: reutersApr 23rd, 2020

Wall Street rises on hopes worst for labor market is over

Wall Street gained on Thursday as jobless claims declined for the third straight week, raising hopes the worst of the coronavirus pandemic's impact on the labor market might be over, but a crash in business activity dulled sentiment......»»

Category: topSource: reutersApr 23rd, 2020

AT&T misses revenue estimates as coronavirus weighs on business

AT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus outbreak overshadowed a strong growth in monthly phone subscribers......»»

Category: topSource: reutersApr 22nd, 2020

The Wall Street Journal: Americans are worried the U.S. will lift coronavirus restrictions too soon, poll shows

Americans are worried about lifting stay-at-home orders too quickly amid the coronavirus pandemic, which has dramatically upended life in a month marked by business shutdowns, job losses and illness, according to a new Wall Street Journal/NBC News poll......»»

Category: topSource: marketwatchApr 20th, 2020

NewsWatch: Coronavirus creates a market of ‘haves and have-nots,’ with the Dow posting its best 2-week run in 82 years amid 22 million job losses

Shall the last turn out to be first? That is essentially the question that Wall Street may be considering in a market that is attempting to stage a lasting rebound after being shocked lower by the worst public-health crisis in a century......»»

Category: topSource: marketwatchApr 19th, 2020

Market Snapshot: The Dow posted its best 2-week run in 82 years amid 22 million job losses, as coronavirus creates a market of ‘haves and have-nots’

Shall the last turn out to be first? That is essentially the question that Wall Street may be considering in a market that is attempting to stage a lasting rebound after being shocked lower by the worst public-health crisis in a century......»»

Category: topSource: marketwatchApr 18th, 2020

Market Snapshot: Coronavirus has created a market of ‘haves and have-nots,’ with the Dow posting its best 2-week run in 82 years amid 22 million job losses

Shall the last turn out to be first? That is essentially the question that Wall Street may be considering in a market that is attempting to stage a lasting rebound after being shocked lower by the worst public-health crisis in a century......»»

Category: topSource: marketwatchApr 18th, 2020

Market Snapshot: Coronavirus creates a market of ‘haves and have-nots,’ with the Dow posting its best 2-week run in 82 years amid 22 million job losses

Shall the last turn out to be first? That is essentially the question that Wall Street may be considering in a market that is attempting to stage a lasting rebound after being shocked lower by the worst public-health crisis in a century......»»

Category: topSource: marketwatchApr 18th, 2020

Wall Street rises as Amazon and Netflix hit record highs

U.S. stocks rose on Thursday as Amazon and Netflix surged to record highs, although trading was choppy as investors worried about the impact of the coronavirus pandemic on first-quarter earnings. Yahaira Jacquez reports......»»

Category: videoSource: reutersApr 16th, 2020