Stocks plunge, dragging Wall Street toward another down week
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
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Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Despite uncertainty about the economy, the stock market is booming and Wall Street is confident it can keep pressing ahead.
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?
Two months after a market phenomenon took shares of North Texas-based GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.
In a move meant to push the business toward a more digital future, Grapevine-based GameStop has named an activist investor to help shift more of its business online.
GameStop shares surged before the start of U.S. trade on Thursday, with the stock more than tripling over the last two days.
GameStop's stock price cratered on Tuesday, falling 60% to $90 a share. The drop signaled that the popular WallStreetBets Reddit stock market discussion board may be losing its magic.
Independent investors communicating online started purchasing GameStop shares, driving up the price. AMC Theaters, American Airlines, and Bed Bath & Beyond became hot commodities, too.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
Stock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.
The Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
Empty store shelves, medical supply shortages and a declining stock market are all signs of what could be a coronavirus panic spreading to North Texas.
Although Apple's iPhone has long wowed consumers and investors alike, the device that has served as a benchmark for mobile devices may be losing its luster.
Shares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
The market sell-off started in October amid heightened fears about the trade war with China and the Federal Reserve moving to gradually raise interest rates to keep the economy from overheating.
The 110-year-old Plano-based company hasn't been profitable since 2010.
The stock market didn't offer any presents to investors Christmas Eve.
Tesla is dropping two of the seven standard colors it had offered to customers as it tries to streamline production.
