Stocks cap manic week with best performance since November 2023
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
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Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
It was a brutal day on Wall Street as stocks plunged to the worst numbers we've seen since 2022. The Dow Jones ended 890 points down, the "S and P" dropped 155 and the NASDAQ sank by 727 points. Are President Trump's new tariffs and looming recession to blame? Bankrate Senior Industry Analyst Ted Rossman explains.
Leading U.S. stock indexes are falling in early trading amid concerns the economy is losing momentum and the impact of tariffs.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Stocks and cryptocurrency prices set to power higher after Donald Trump wins U.S. presidential election.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Dow Jones closed at a record high Wednesday. It was a major milestone fueled by the Federal Reserve decision to leave interest rates unchanged for now, but rate cuts could come in the new year. CBS New York's Dick Brennan has more on the fed announcement. Read more: https://cbsloc.al/48cKhnO
The collapse of Silicon Valley Bank is triggering new worries about worldwide financial trouble. Overseas, Credit Suisse's troubles rattled financial markets. CBS2's Dick Brennan reports.
Markets tried to shake off Monday's massive losses. On Tuesday, the S&P 500 fell yet again.
Many Americans are worrying about their retirement funds as stocks dropped drastically yesterday. CBS2's Elijah Westbrook has more on what this means.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
U.S. stocks lost ground for a second day following Wednesday's sharp decline, as concerns over rising interest rates and a trade war outstripped relief from weaker-than-expected inflation data.
The Dow was down just over 30 points, the S&P lost 31, and the NASDAQ shed 64 points.
History was made again on Wall Street Wednesday as the Dow Jones Industrial Average closed above 26,000 for the first time ever.
The Dow Jones industrial average broke through 20,000 points right at the opening bell. The index crossed the line, following record highs on Tuesday.
The Dow was down 2.39 percent upon closing Friday afternoon, ending the worst two-week start to a year in history for U.S. stocks.
U.S. stocks are opening 2016 on a grim note, dropping sharply after a plunge in China and declines in Europe.
Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world's second-largest economy.
One person is dead and another is in critical condition after being struck by a driver in Harlem on Thursday evening.
The union representing NYU full-time contract faculty say they will begin picketing Monday morning if a deal isn't reached.
![Simon Holmstrom #92, Adam Pelech #3 and Ilya Sorokin #30 of the New York Islanders after Brady Tkachuk #7 of the Ottawa Senators [NOT PICTURED] scores a go ahead goal in the third period on March 19, 2026, at Canadian Tire Centre in Ottawa, ON, Canada.](https://assets3.cbsnewsstatic.com/hub/i/r/2026/03/20/4e3a863c-496a-405e-b4cb-9bb704027ac5/thumbnail/640x360/23d7c78f0b2cd82687b7e3ec795c508f/gettyimages-2266947333.jpg#)
Brady Tkachuk scored with 11.1 seconds left to give the Senators a 3-2 victory over the Islanders on Thursday night.
The Blue Jackets beat the Rangers 6-3 on Thursday night, keeping alive hopes for their first playoff berth since the 2019-20 season.
A New York City high school student who was detained by ICE and spent nearly a year in a detention center is finally home.
One person is dead and another is in critical condition after being struck by a driver in Harlem on Thursday evening.
The union representing NYU full-time contract faculty say they will begin picketing Monday morning if a deal isn't reached.
A New York City high school student who was detained by ICE and spent nearly a year in a detention center is finally home.
Child care provider Bright Horizons has agreed to give up its permit for a Manhattan day care center.
The family of a man killed in a crash involving an FDNY truck and an Access-A-Ride bus in Brooklyn last week is planning to take legal action.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
Video shows firefighters dousing the smoldering roof of the structure on Old York Road in Branchburg, New Jersey.
Grubhub is launching New Jersey's first commercial food delivery by drone. CBS News New York has learned more about the high-tech service and how it's expected to work.
Officials say James Hadley, a New Jersey coach and educator, may have assaulted other victims.
A driver was indicted on manslaughter and assault charges Thursday in a deadly crash that killed two teenagers on Long Island back in January.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Prosecutors said Matthew Smith fended off efforts to hand over his car keys before the crash that killed Nassau County police officer Patricia Espinosa.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Mayor Zohran Mamdani is taking the first steps toward overhauling how the city responds to 911 calls involving mental health problems.
The MTA announced plans to replace thousands of New York City's decades-old subway cars with new models.
New York City will no longer criminally enforce minor traffic offenses for cyclists and e-bike riders, the Mamdani administration announced Wednesday.
The Mamdani administration has asked a court to allow them to stop representing former Mayor Eric Adams in a sexual assault case.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
Brady Tkachuk scored with 11.1 seconds left to give the Senators a 3-2 victory over the Islanders on Thursday night.
The Blue Jackets beat the Rangers 6-3 on Thursday night, keeping alive hopes for their first playoff berth since the 2019-20 season.
Howie Rose, the longtime play-by-play voice of the New York Mets on the radio, says the upcoming 2026 season will be his last.
The Oklahoma City Thunder beat the Brooklyn Nets 121-92 on Wednesday night for their 10th straight win.
The New Jersey Devils beat the New York Rangers 6-3 on Wednesday night for their third straight victory.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
St. John's and LIU will take the court Friday in the NCAA men's basketball tournament. CBS News New York's Steve Overmyer and Otis Livingston report.
CBS News New York's Scott Padgett has your First Alert Forecast for March 19 at 11 p.m.
Dozens of dogs rescued by police during an animal cruelty investigation in Brooklyn are now ready to be adopted.
A faculty strike is looming at NYU. The union representing full-time faculty says they will strike Monday morning if a deal isn't reached. CBS News New York's Naomi Ruchim explains the potential impact.
Dramatic video shows a New York state trooper being struck by a car during a traffic stop in Mamaroneck.
