The Dow closed down 666 points, or 2.5%, its biggest percentage decline since the Brexit turmoil in June 2016 and steepest point decline since the 2008 financial crisis. A strong jobs report showed wage growth is finally starting to pick up. That's great news for workers, but it reinforce...
Wells Fargo suffered some of the worst of the selling on Monday. The No. 2 U.S. bankplunged 9%after unprecedented sanctions werehanded down by the Fed late Friday. --CNN's Liz Landers contributed to this report. CNNMoney (New York)First published February 5, 2018: 8:14 AM ET...
While they can be scary, market pullbacks prevent stocks from overheating and give investors who were stuck on the sideline a chance to get in. Janet Yellen, who just stepped down as Fed chief, told PBS on Friday that she still believes "asset valuations generally are elevated." Despite the...
"I will never give up the fight for a future where Americans can pursue their dreams, ambitions and aspirations, where the women of America have the freedom to make decisions about their own bodies and not have their government telling them what to do." ...
Hopefully things will settle down, because the markets will not be able to handle too much more shaking. There is so much leverage on Wall Street today, and asCarl Icahn recently told CNBC, one of these days all of this leverage is “going to blow up the market”… ...
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The S&P 500 index was up 13.85, or 1.1 percent, to 1,300.69, also trading in record territory. (Click here for a look at today's CNNfn market movers) The bond market was flat, as the effect of the day's economic data, an as-expected reading on retail sales in February, wore ...
"We need open borders, open trade and open flow of capital. If we start going down this deglobalization road, this market is going to lose its euphoric underpins pretty quickly," Quinlan said. Yardeni said the jury is still out on whether the enthusiasm on Wall Street is overdone. ...
The S&P closed down 1.6% for its secondnegative day in three, closing up or down more than 1% every day in March with the exception of March 19. The S&P closed down 12.51% over the month of March, its worst month since October 2008. ...
From CNN Business' Charles Riley US stock futuresare trading lower this morning. On Wednesday,the Dowclosed up 0.6%, while theS&P 500added 0.2% and theNasdaqincreased 0.2%. Some stocks to watch right now: BB&T Corp (BBT) and Morgan Stanley (MS), who will release earnings before the ope...