Nasdaq, S&P 500 notch new highs as investors bank on vaccine
Hope that pandemic can be halted propels Wall Street to its third weekly gain in the past four weeks.
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Hope that pandemic can be halted propels Wall Street to its third weekly gain in the past four weeks.
Banks were profiting from illicit dealings with disreputable people and criminal networks, report alleges.
Wall Street rout gains traction as electric-car maker slides double digits following exclusion from benchmark index.
Uncertainty over the global response to the coronavirus outbreak saw stocks plummet in Asia and Europe. As the U.S. markets prepare to open, futures paint a gloomy picture. CBS News business analyst Jill Schlesinger joins CBSN with the details.
Benchmark index surpassed its previous record on February 19 amid expectations for an economic rebound in 2021.
S&P 500 back into positive terrain as well, though some analysts warn stocks are "vulnerable to disappointments."
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
Your 401(k) may be taking a hit this week after another sell-off in the markets. The Dow, Nasdaq and S&P each lost more than 1.5% of their value Wednesday, the second straight day of losses. President Trump placed the blame on his political foes, and "impeachment nonsense." CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss what's really behind the drop.
CBS and Viacom have completed their merger. ViacomCBS Chairman Shari Redstone and ViacomCBS President and CEO Bob Bakish celebrated the new corporate combination with a ceremonial ringing of the opening bell at the Nasdaq MarketSite in New York's Times Square. Anne-Marie Green and Vladimir Duthiers have more.
Coronavirus fears wiped out all of this year’s gains in the stock market. The Dow lost more than 1,000 points today, and the Nasdaq and S&P 500 also tanked. The number of cases of illness here in the U.S. shot up to 53 over the weekend, as dozens of sick passengers returned from that cruise ship in Japan. Mark Phillips reports.
The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. Jill Schlesinger joins “CBS This Morning: Saturday” to break down the latest financial information.
The Dow declined 2.9% after the stimulus bill to aid workers and businesses stalled in the U.S. Senate.
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
The spread of the new virus is starting to impact the U.S. stock market even though most cases are in China.
The S&P 500 rose nearly 29% on the year, as investors shrugged off global trade conflicts and recession fears
Record consumer spending for holidays and hopes for a China trade deal push the tech stock index to a record close.
Growing uncertainty about how the standoff might evolve is causing choppy trading on Wall Street
Flaring concerns over deteriorating U.S. trade relations have investors dialing back on risk
S&P 500 sees strongest week since November as investors bet the Fed will soon cut interest rates to stoke growth
The benchmark index is up 13.1 percent this year, a stark reversal from the sell-off at the end of 2018
Investors bet on Lyft's soaring user growth in its much-anticipated IPO.
Huawei blasts the U.S. government for a "loser's attitude"; Lyft debuts on the Nasdaq exchange at $72 share price, exceeding company expectations; plus other MoneyWatch headlines
On March 10, 2000, newly-formed online companies reached stratospheric heights on the stock market, setting the stage for an Icarus-like fall
Growing optimism that the two sides are moving closer to a deal is keeping early 2019's rally going
Investors are watching for progress in U.S.-China trade talks and in negotiations to avert a second government shutdown
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
For law enforcement investigating fraud cases, the hard part can be following the money to figure out where the tax dollars have gone.
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Jing Sheng Dong, a 48-year-old tour bus driver from Staten Island, New York, faces three additional felony counts in connection with the deaths.
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
According to air traffic control audio, security came to inspect the aircraft after someone named their Bluetooth device a "certain four-letter word."
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Jing Sheng Dong, a 48-year-old tour bus driver from Staten Island, New York, faces three additional felony counts in connection with the deaths.
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
Melissa Casias was employed at the Los Alamos National Laboratory when she went missing last year, her niece said.
Workers who go at least five years without a promotion or meaningful raise can miss out on thousands of dollars in earnings, researchers found.
The changes will affect how much students and their parents can borrow, as well as their repayment options.
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.
The Justice Department said it will stop work on the $1.8 billion "anti-weaponization" fund following a district judge's decision temporarily blocking the program.
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
Congress is returning from recess to resume work on funding immigration agencies, following a GOP revolt over the Trump administration's "anti-weaponization" fund.
Sentri7, drug diversion software powered by artificial intelligence and used at hundreds of U.S. hospitals, did not catch a monthslong string of fentanyl thefts in Tennessee in 2025, according to a state document.
New research shows a medication called daraxonrasib is helping people with advanced pancreatic cancer live longer.
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Left-wing streamers Cenk Uygur and Hasan Piker say Britain's government has denied them entry over their criticism of Israel.
News that the 666 to Hel was back has spread quickly across Polish social media accounts, and beyond.
U.S. officials sought help from Russia during President Trump's first term to secure the release of journalist Austin Tice, according to Robert O'Brien.
An Iranian woman who now lives in the U.S. spoke with CBS News as the war with Iran entered its fourth month.
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
A pair of small-budget horror films made by YouTube creators, "Backrooms" and "Obsession," had a big weekend at the box office. CBS News correspondent Carter Evans reports.
Kane Parsons' psychological thriller "Backrooms" earned $81.5 million on its first weekend. Carter Evan reports on how the film's success could change Hollywood.
Anna Faris, who stars in the new "Scary Movie," joins "CBS Mornings" to discuss reviving the role she played in the original film, which debuted in 2000.
Model and entrepreneur Winnie Harlow sits down with "CBS Mornings" to discuss her new children's book, "Simply Winnie," and the message she hopes to pass on.
No one knew it at the time, but the Beatles performed their final ticketed concert 60 years ago in San Francisco. Anne Makovec shows us a new collection of rare photos from that historic night.
Anthropic, the artificial intelligence company behind the chatbot Claude, has filed to go public, setting up one of the biggest initial public offerings in history. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Florida has become the first state to sue OpenAI and its CEO, Sam Altman.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Anthropic, the artificial intelligence company that created the Claude chatbot, said Monday it has confidentially filed for an initial public offering.
Claims have circulated on social media that fingerprints can be pulled from photos featuring peace signs, but experts say the risk to the average person is low.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
A preliminary hearing for Tyler Robinson, the man accused of killing conservative activist Charlie Kirk, will be open to the media and the public, a judge ruled Monday. CBS News' Anna Schecter has more.
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
Police were called to the scene of "a domestic disturbance and shooting" in the city of Sandy, outside of Portland, Oregon, on Sunday.
A teen girl has been arrested and charged for allegedly stabbing three horses during a racing event in Las Vegas, police said.
The suspect accused of killing three elderly men in a rural part of Hawaii's Big Island has been charged with murder, among a number of other offenses, police said Sunday.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A pair of small-budget horror films made by YouTube creators, "Backrooms" and "Obsession," had a big weekend at the box office. CBS News correspondent Carter Evans reports.
Confirmed Ebola cases continue to rise in the Democratic Republic of the Congo, but the World Health Organization confirms five infected patients have recovered. CBS News medical correspondent Dr. Céline Gounder, an infectious disease specialist who spent time in Guinea as an Ebola aid worker during the West African epidemic, joins to discuss.
After President Trump met with House Speaker Mike Johnson on Monday, the Justice Department announced it would be stopping work on a $1.776 billion "anti-weaponization" fund, citing a judge's ruling. CBS News senior White House and political correspondent Ed O'Keefe has the latest.
On social media on Monday, President Trump said peace talks with Iran are continuing at a "rapid pace." However, Iranian state media says negotiations are suspended. CBS News national security analyst Aaron MacLean joins to assess the state of the war.
The wife of Maine's presumptive Democratic nominee for Senate, Graham Platner, told his campaign in 2025 that he exchanged sexually explicit messages with several other women while they were married. CBS News congressional reporter Taurean Small has more.