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Stocks were deep in the red again on Wednesday, although they did rebound from a mid day swoon. At the closing bell the Dow was down 173 points at 16,141. Earlier in the day it had dipped below 16,000 for the first time since February.
The red flags were everywhere, among them weak corporate results, the looming end of stimulus from the Federal Reserve and tensions between the West and Russia.
There was a major milestone on Wall Street Thursday as stocks set new records.
Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.
The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor's 500 index, a broader market measure, rose above 1,600.
The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and the Great Recession.
A late afternoon rally pushed the stock market higher for only the second day this month.
The Dow Jones industrial average fell 170.89 points, or 1.5 percent, to close at 11,149.82. It had been up 85 points shortly after the opening bell.
The Dow Jones industrial average at one point was down more than 500 points. It's now down 436 at 10,973.
Investors hoping for relief from last week's volatility in the stock market found it Monday.
Even a survey showing Americans are dismayed about the economy didn't stop the gains on Wall Street today.
It's understandable if people are getting dizzy watching the Dow, considering Wednesday's shocking 519 point plunge. That was just the latest go round on the Dow's recent wild ride as the index closed up 423 points on Thursday.
It was yet another rough day on Wall Street Wednesday, a day after the Dow Jones Industrial Average posted its biggest gain since early 2009.
The Dow picked up steam late in the trading day Tuesday and closed up nearly 430 points.
The U.S. stock market joined a sell-off around the world Monday in the first trading since Standard & Poor's downgraded American debt.
Wall Street was not for the faint of heart Friday. The breathtaking peaks and valleys of the day came to an end with the Dow closing up 61 points.
Fears about the global economy led to the biggest panic in financial markets since the 2008 financial crisis.
Strong profits and a bipartisan plan to lift the U.S. debt limit drove a stock market rebound Tuesday.
The Federal Reserve expressed more confidence in the U.S. economy even as Japan's nuclear crisis raised worries around the globe. The Fed said Tuesday that the economic recovery is on "firmer footing'' and the jobs market is "improving gradually.''
Global stock markets staged an explosive rally Thursday, embracing a move by the Federal Reserve to try to rejuvenate the U.S. economy by buying $600 billion in Treasury bonds.
Traders' uncertainty has put a big September rally on hold, at least momentarily, before the central bank's meeting Tuesday.
Stocks are down for a third day on more disappointing earnings and economic news.
Stocks and interest rates are down sharply as investors take a bleaker view of the U.S. economy. The Dow Jones closed down 265 points.
Nassau County Police charged Vito Dambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
Mayor-elect Zohran Mamdani's transition fundraising effort is paying off.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
Nassau County Police charged Vito Dambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
Mayor-elect Zohran Mamdani's transition fundraising effort is paying off.
If you're heading out, brace yourself — it's the coldest day of the season so far.
Luigi Mangione was unable to appear in court Friday due to illness, so a a crucial court hearing about what evidence should be admitted in the trial was postponed until Monday morning.
A 19-year-old man faces assault, riot and trespassing charges after the violent and chaotic car meetup in Malba, Queens.
If you're heading out, brace yourself — it's the coldest day of the season so far.
CBS News New York has learned Jed Parkington, who died by suicide during a standoff with law enforcement on Tuesday, was fascinated with Nazi Germany.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
A decomposed body and pipe bombs were found inside a Stamford, Connecticut, home after a shootout between the homeowner and police officers Tuesday, officials say.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
If you're heading out, brace yourself — it's the coldest day of the season so far.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
James Solomon easily won the race to become Jersey City's next mayor and Emily Jabbour beat the son of a former popular mayor to take the helm in Hoboken.
Nassau County Police charged Vito Dambrosio, of Seaford, with murdering his parents at A&A Italian Deli and Pizza in Bethpage.
If you're heading out, brace yourself — it's the coldest day of the season so far.
"Driven Into Debt," CBS News New York's latest investigative series, has uncovered a simple truth -- unpaid tolls can quietly spiral into crushing debt.
Two people were killed in a stabbing in Bethpage on Long Island, Nassau County police said.
First Alert Weather Days have been declared in the NYC area as the arctic chill could bring record low temperatures.
A judge ruled Menendez, the former U.S. Senator, is no longer eligible for public employment after a bribery conviction.
Mayor-elect Zohran Mamdani's transition fundraising effort is paying off.
The principal of a Brooklyn middle school created controversy this week by turning down the opportunity to have a Holocaust survivor speak to students.
New York City Mayor Eric Adams issued executive orders Thursday designed to protect Israel and appeal to the Jewish community.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
In New York alone, there have already been more than 17,000 flu cases and nearly 1,000 hospitalizations, and doctors anticipate it's only going to get worse as more people gather for the holidays.
Colette Smith of the Bronx was diagnosed with lung cancer, despite never smoking. Her survival story is central to her push for early detection.
Some New Yorkers want the mayor-elect to appoint a new "rat czar" when he takes office after an uptick in rat sightings.
Gio's Law would establish a $25 million grant program to equip law enforcement nationwide with EpiPens and train officers how to use them.
A blood drive was held in Harlem on Wednesday as the New York Blood Center reports a dip in its blood supply.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Stoppard was often hailed as the greatest British playwright of his generation.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
"Everybody Loves Raymond" is getting the spotlight at the Long Island Music and Entertainment Hall of Fame.
Jimmy Cliff, who famously sang about the "many rivers" we all must cross, has died after suffering a seizure and pneumonia, his family say.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
The New York Rangers won for the league-leading 12th time on the road, beating the Ottawa Senators 4-2 on Thursday night.
The New York Islanders defeated the NHL-leading Colorado Avalanche 6-3 on Thursday night.
The Utah Jazz used a huge fourth quarter to beat the Brooklyn Nets 123-110 on Thursday night.
Doc Rivers said there have been no talks between team officials and Giannis Antetokounmpo regarding the two-time NBA MVP's potential exit from Milwaukee.
Neighbors in Brooklyn's Victorian Flatbush are expressing frustration after the city designated only part of their area as a historic district.
Brooklyn's Prospect Park is getting financing for a long-term project to battle the impacts of climate change, city leaders say.
The Brooklyn Conservatory of Music plans a 12,000-square-foot campus at One Prospect Park West, aiming to serve thousands more with music therapy and education programs.
Some residents at NYCHA's Eastchester Gardens in the Bronx say they've been shivering on and off all week.
The Brooklyn Nutcracker returns to Downtown Brooklyn with diverse cultural influences, community outreach, and a fresh take on Tchaikovsky's iconic score.
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.
John Elliott has the Tri-State Area's updated Friday afternoon First Alert Forecast on CBS News New York.
Police said they charged Vito Dambrosio with fatally stabbing his parents at A&A Italian Deli and Pizza in Bethpage, New York.
With less than a month to go before Mamdani takes office, his campaign says they've raised more than $3 million from 29,746 donors.
A bridge in northern Westchester County has been closed after a state inspection.
Luigi Mangione was unable to appear in court Friday due to illness, so a crucial court hearing about what evidence should be admitted in the trial was postponed until Monday morning.
