A sell-off on Wall Street accelerated Tuesday afternoon as the Dow slumped more than two percent on mounting worries over the coronavirus. Near 1845 GMT, the Dow Jones Industrial Average stood at 27,390.27, down 2.0 per cent or about 570 points. The broad-based S&P 500 shed 1.9 per cent to 3,165.03, while the tech-rich Nasdaq Composite Index dropped 1.7 per cent to 9,067.84. Tuesday's declines add to the toll after major indices slumped more than three percent Monday in a rout precipitated by the spread of the virus beyond China. The declines came as US companies cited potential coronavirus impacts, including less spending from tourists and supply chain problems. "Bit by bit, US investors are seeing the prospects for global growth diminish," said Gregori Volokhine of Meeschaert Financial Services. "With the news of the last three or four days, it's hard to be optimistic." Mastercard slumped 5.3 per cent as it forecast that first-quarter sales growth would be two to three ...
The Dow Jones Industrial Average fell 589.48 points, or 2.03%, at the open to 28,402.93
The S&P 500 fell 38.45 points, or 1.14 per cent, to 3,347.70
A total of 295 companies, including BHEL, IDBI, Arvind Fashions, and Greenply, are scheduled to announce their December quarter numbers today
Analysts say the market surge could be attributed to short-covering as traders had built a lot of shorts during Monday's heavy sell-off
The energy sector was among the biggest gainer on the S&P 500, tracking a rise in oil prices.
The Dow Jones Industrial Average rose 86.27 points, or 0.31%, at the open to 27,736.05
Trump said that the only limiting factor to reaching an agreement with China is whether he wants to make a deal
The Dow Jones Industrial Average rose 42.15 points, or 0.15%, at the open to 27,917.77
Dow Jones indexes hit fresh record highs, while the Nasdaq was near its all-time level
The Dow Jones Industrial Average fell 100.58 points, or 0.36%, at the open to 27,580.66
The Dow Jones Industrial Average rose 54.70 points, or 0.20%, at the open to 27,402.06
(Reuters) - Technology stocks propelled the benchmark S&P 500 index to an all-time high, while the Nasdaq hovered below its record level, as a possible U.S.-China trade deal and rising bets on a third rate cut by the Federal Reserve fueled optimism.
The Dow Jones Transport Average, often looked at as a gauge of the economy's health, tumbled 2.24%
The Dow Jones Industrial Average rose 34.83 points, or 0.14 per cent, at the open to 25,514.25
The S&P 500 index has now sunk 4.5 per cent since President Donald Trump announced a fresh round of tariffs on Chinese imports
The yuan breached the key 7-per-dollar level for the first time in more than a decade, and President Donald Trump slammed it as "a major violation"
The benchmark S&P 500 opened at a record high, helped by a rebound in technology stocks, while the Nasdaq recovered from a lower session on Wednesday
The Dow Jones Industrial Average rose 130.25 points, or 0.56 per cent, to 23,404.21. The S&P 500 gained 4.96 points, or 0.19 percent, to 2,569.94
It's helped by a rally in shares of UnitedHealth and Johnson & Johnson