Dow Jones Hits 26,000 Milestone Before Rally Fades
U.S. markets surged Tuesday morning topping 26,000 for the first time ever but the huge gains faded in afternoon trading.
Watch CBS News
U.S. markets surged Tuesday morning topping 26,000 for the first time ever but the huge gains faded in afternoon trading.
And just like that, Wall Street is celebrating another milestone: Dow 24,000.
For the first time, the Dow Jones Industrial Average broke 20,000 but it's hardly a surprise.
Amid a scary slide on Wall Street, professions to 401(k) holders are advising other investors not to do anything rash.
It's been nearly six years since the Dow Jones Industrial Average closed above 14,000 points in July 2007. As the Grateful Dead would sang, "what a long strange trip it's been."
Facebook posted second-quarter earnings in line with Wall Street's expectations: a mere 12 cents per share.
For the first time in 2 ½ years, the Dow Jones industrial average closed above 12,000 points Tuesday afternoon.
Jakob Marsee hit a game-ending single off the wall in right field in the 10th inning, and the Miami Marlins beat the Seattle Mariners 6-5 on Tuesday night.
North Miami Beach Police Chief Juan Pinillos said that the department is fully cooperating with the Miami-Dade Sheriff's Office.
A heat advisory begins at 11 a.m. Wednesday for metro Broward and Miami-Dade counties and will last until 6 p.m.
Fire crews were forced to battle the blaze from outside the home while the man was taken into custody without incident.
Fort Lauderdale police said they responded to a ShotSpotter alert in the 1300 block of Northwest 13th Court Wednesday morning.
Jakob Marsee hit a game-ending single off the wall in right field in the 10th inning, and the Miami Marlins beat the Seattle Mariners 6-5 on Tuesday night.
North Miami Beach Police Chief Juan Pinillos said that the department is fully cooperating with the Miami-Dade Sheriff's Office.
A heat advisory begins at 11 a.m. Wednesday for metro Broward and Miami-Dade counties and will last until 6 p.m.
Fire crews were forced to battle the blaze from outside the home while the man was taken into custody without incident.
Fort Lauderdale police said they responded to a ShotSpotter alert in the 1300 block of Northwest 13th Court Wednesday morning.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
Former Florida gubernatorial candidate Andrew Gillum has been arrested on drug possession charges in Alabama after police say they pulled him over for erratic driving and found marijuana and meth in his vehicle.
Amid simmering tensions between the U.S. and some NATO allies over Iran and Greenland, President Trump is tightening bonds with Turkey.
Prosecutors in Charlie Kirk's murder case are seeking to convince a judge they have enough evidence to try the man accused of killing him and seek the death penalty.
President Trump held separate calls with Russia's Vladimir Putin and Ukraine's Volodymyr Zelenskyy to discuss ending the war.
These six presidential speeches are some that have most reverberated through the ages, and whose impacts are still felt today.
The likely Republican candidate for governor, Congressman Byron Donalds, said he would vote for it, but as he told CBS Miami's Jim DeFede, if it does fail, they will tackle the issue again next year.
Florida Attorney General James Uthmeier has avoided talking about both topics with opponents calling him "the most corrupt attorney general Florida has had."
On Thursday, Governor Ron DeSantis announced the closing of Alligator Alcatraz, the highly controversial immigration detention center that was the subject of numerous lawsuits as well as allegations of abuse.
The 29-year-old attorney is hoping to stand out from the pack by going after young voters.
More than two decades after voters were promised a new facility to treat people with mental illnesses, rather than warehousing them in the county jail, the Miami-Dade County Commission gave final approval on Tuesday to open the Miami Center for Mental Health and Recovery.
A recall has been issued for frozen blueberries sold at Publix stores in Georgia, Florida and other Southern states after 12 people became sick, the FDA says.
A new Florida law requires drug prescribers to complete sickle cell training, aiming to improve care and address stigma faced by patients.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Carín León sees the World Cup as something that pulls different cultures together.