Tag: NASDAQ
US markets halt trading after global equities retreat, oil collapses, bond yields fall, and cryptos drop
Welcome to the bloodbath. This morning trading was halted on the major stock exchanges after the S&P 500 fell to 7% triggering what are one of the so-called circuit breakers to stop an absolute market rout. Within seconds of opening stocks fell sharply lower, with the Dow Jones Industrial Average…
Read More
Stocks fall again on continued coronavirus worries
Is it good news to say that stocks fell less sharply than they had on previous days? That’s the bright side of another turbulent trading day across the Nasdaq and New York Stock Exchange. The major indices were down again — although their declines were less severe than they had…
Read More
Stocks fell sharply today, bringing yet more unwelcome volatility to tech shares
Are you tired of TechCrunch reporting on the daily stock market gyrations? Well, we’re tired of writing about them. And yet here we are, because stonks yet again did wild things that we have to talk about. Markets are still skittish about the effect the rapidly spreading novel coronavirus, COVID-19,…
Read More
After turbulent week, the stock market sees record gains
So much for that correction! After a desolate week, the United States saw its major indices rally on Monday, pushing the value of domestic and domestically listed securities higher. The gains came despite a rising number of infections in the country of the novel coronavirus, now known as COVID-19. Last…
Read More
Stocks partially reverse last week’s slide in early-morning trading
Both the Dow Jones Industrial Average and the Nasdaq have reversed course after a week of losses. The Dow was up 570.50 points to 25,979.86 and the Nasdaq was up 112.96 to 8680.33 near midday trading. The two major bellwethers of investor sentiment had a rough week last week as…
Read More
The Dow Jones drops nearly 1200 points as coronavirus fears batter stock markets
The Dow Jones Industrial Average dropped nearly 1200 points today to close at 25,766.64, marking the single worst week for the index since 2011. The Nasdaq stock market fell over 400 points. Behind the collapse was a growing realization that COVID-19, the coronavirus strain sweeping across the globe, has indeed landed…
Read More