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The equity rout gained steam in afternoon trading Thursday with the Dow plunging more than 1,000 points at its session low. The 30-stock average, dragged down by a 7.7% drop in Apple, is on track for its worst day since June. The S&P 500 fell 4%, while the Nasdaq Composite dropped 5.5%. — Yun Li
Wall Street has a fairly reliable track record of predicting who wins presidential elections. Since World War II, when the S&P 500 fell in the three months leading up to the November vote during a MORE
Wall Street does not like the Coronavirus. Despite all government intervention and reassurances, Wall Street looks to a recession as most all of the gains since Trump was elected have vanished. All major U.S. indices MORE
Investors are proving increasingly worried about the coronavirus and its effects, renewing anxieties of recession. Health officials have now warned it is only a matter of time before the virus becomes a public health threat MORE