Stock futures pointed to a Tuesday opening decline in early morning trade, following a steep rebound in the previous session. Futures for the Dow Jones Industrial Average declined 81 points, pointing to a slip of about 151 points at Tuesday’s open. S&P 500 futures and Nasdaq futures also pointed to lower opens for the two […]

Oil prices dropped during early morning trading on Monday after OPEC+ announced it was delaying its meeting, initially scheduled for Monday, stoking fears on Wall Street that a production cut might face hurdles. U.S. West Texas Intermediate crude fell 2.86% to trade at $27.53 per barrel, while international benchmark Brent crude slipped 1.7% to $33.53 per […]

Steven Mnuchin, U.S. Treasury secretary, speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., U.S., on Thursday, April 2, 2020. Kevin Dietsch | Bloomberg | Getty Images The Treasury Department changed the terms on some loans it’s offering to small businesses during the coronavirus pandemic, making them less favorable […]

Dow Jones Industrial Average falls 360 points The Dow slid 360.91 points, or 1.69%, to close at 21,052.53. The S&P 500 closed 1.51% lower at 2,488.65. The Nasdaq Composite fell 1.53% to 7,373.08. Mounting worries over the coronavirus and a dismal jobs report pressured equities to end the week. Spike in NY coronavirus deaths New […]

Hedge fund manager Mark Yusko is telling investors to brace for a nearly once in a lifetime downturn. The Morgan Creek Capital Management CEO and CIO sees the Great Depression as the closest comparison to what’s happening to the coronavirus ravaged economy.  “The economic shock wave that’s coming is going to be like nothing that […]

U.S. stock futures rose in overnight trading and pointed to gains at the open on Thursday, as markets try to rebound after kicking off the second quarter in the red. Dow futures rose 267 points, indicating a gain of about 201 points at the open on Thursday. The S&P 500 and Nasdaq Composite were also […]

U.S. stock futures moved lower early Wednesday morning and pointed to declines at the open, following the end of the worst first quarter on record for the Dow and S&P 500 spurred by the coronavirus sell-off. Dow Jones Industrial Average futures fell 477 points, indicating a Wednesday opening loss of about 515 points. S&P 500 […]

Stock futures pared earlier gains to trade lower early Tuesday morning, following the market’s rebound from its deep rout triggered by the coronavirus pandemic. Futures on the Dow Jones Industrial Average were 96 points lower, pointing to an implied opening dip of around 121 points at Tuesday’s open. S&P 500 futures and Nasdaq-100 futures also pointed to […]

A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York, March 6, 2020. Andrew Kelly | Reuters U.S. stock futures turned around early Monday morning and edged higher in volatile trading after last week’s sharp gains, even as the number of coronavirus cases in the […]

The stock market has gone so haywire amid the coronavirus crisis that some strategists on Wall Street are giving up on forecasting what comes next. Over the past week or so, chief market strategists at BMO, Oppenheimer and Canaccord Genuity have all suspended their year-end targets on the S&P 500, blaming the unprecedented economic uncertainty that makes projecting […]