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.
Watch CBS News
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.
A Queens man was arrested Wednesday in connection to a fire that killed a child and three adults in March.
The Athletics rallied to beat the New York Yankees 3-2 on Wednesday night.
The Buffalo Sabres rallied to beat the New York Rangers 5-3 on Wednesday night.
Muhammad Shahzeb Khan, 21, said he plotted to attack a Brooklyn Jewish center in October 2024.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
A Queens man was arrested Wednesday in connection to a fire that killed a child and three adults in March.
Muhammad Shahzeb Khan, 21, said he plotted to attack a Brooklyn Jewish center in October 2024.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
Wednesday marked one year since the roof collapse at a nightclub in the Dominican Republic that killed 236 people.
City-run skate parks across New York City are not created equal, skaters on Staten Island told CBS News New York.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
A New Jersey family's beloved dog has been returned after it was apparently taken right off their back porch.
MetLife Stadium will host eight 2026 FIFA World Cup matches, including the final in July, but soccer fans will have to rely on mass transit because there won't be any parking available.
A meteor spotted across multiple states Tuesday afternoon traveled more than 100 miles before disintegrating, NASA said.
Police in New Jersey are searching for a vandal who threw bricks through the windows of vehicles parked on streets in several Union County towns.
Early voting is underway in the New Jersey special election to fill the U.S. House seat vacated by Gov. Mikie Sherrill.
Gilgo Beach serial killer Rex Heuermann answered a judge's preliminary questions before pleading guilty to murdering seven women and admitting to killing an eighth.
Rex Heuermann pleads guilty to murdering seven women tied to the years-long Gilgo Beach serial killer investigation.
Gilgo Beach serial killer Rex Heuermann pleaded guilty to seven counts and admitted guilt in the death of an eighth woman.
Rex Heuermann was arrested in 2023. He admitted to killing eight women in the Gilgo Beach area of Long Island between 1993 and 2011.
Long Beach, Long Island, is holding a public hearing Tuesday night regarding the loosening of alcohol restrictions on its iconic boardwalk.
Tensions are simmering between New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin over the city budget.
New York City Mayor Zohran Mamdani is approaching his 100th day in office, and almost half of New Yorkers say they approve of his job performance, according to a new poll published Wednesday.
President Trump said he has agreed to a "double sided CEASEFIRE" with Iran, less than two hours before his deadline for Iran to either cut a deal with the U.S. or face massive strikes on its power plants.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
Mayor Zohran Mamdani announced Tuesday that detainees at Rikers Island with complicated medical needs will be transferred to a Manhattan hospital to get access to specialty care.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
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.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
The Athletics rallied to beat the New York Yankees 3-2 on Wednesday night.
The Buffalo Sabres rallied to beat the New York Rangers 5-3 on Wednesday night.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
Corbin Carroll had a two-run double during a four-run second inning that sent the Diamondbacks to a 7-2 win over the Mets on Wednesday.
Amed Rosario homered twice, including a go-ahead, three-run drive in the eighth inning that rallied the Yankees over the Athletics 5-3 on Tuesday night.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
Long before Manhattan's iconic street grid took shape, an English widow planned a Brooklyn community that helped shape the city today.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Scott Padgett has your First Alert Forecast for April 8 at 11 p.m.
A 75-year-old woman said she was attacked in front of her Brooklyn home after a group of dog walkers accused her of throwing cleaning chemicals on them.
It's been one year since a roof collapsed at a nightclub in the Dominican Republic, killing 236 people. The victims were remembered in New York City on Wednesday. CBS News New York's Adi Guajardo reports.
A Queens man was arrested Wednesday in connection to a fire that killed a child and three adults in March.
The Gilgo Beach murders case made headlines nationwide for years, and Wednesday, Rex Heuermann pleaded guilty to seven counts of murder and admitted to killing an eighth woman. CBS News New York's Allen Devlin reports.
