The Dow Jones Industrial Average rose 531.25 points, or 2.11%, at the open to 25,659.42.
The S&P 500 was off as much as 0.8 per cent before the Fed statement
The benchmark S&P 500 and the Dow are now 5.5% and 7.4% away from their respective closing highs, after surging more than 45% from their pandemic lows
Stocks have rebounded sharply since late March from the coronavirus-fueled sell-off, helped by massive monetary and fiscal stimulus
Big tech companies provided the biggest lift to the S&P 500 and the Nasdaq,
S&P 500 suffering its deepest quarterly drop since the financial crisis
After a slump into bear market territory, the Dow Jones Industrial Average surged over 20% from its recent low last week, which by one definition suggested a new bull market
The S&P 500 opened lower by 4.62 points, or 0.19%, at 2,393.48
The US central bank relaunched a financial crisis-era purchase of short-term corporate debt to help companies be able to continue paying workers and buy supplies through the pandemic
The Dow Jones Industrial Average fell 2,352.6 points, or 9.99%, to 21,200.62, the S&P 500 lost 260.74 points, or 9.51%, to 2,480.64
The Dow Jones Industrial Average fell 880.79 points, or 3.15%, to 27,080.01
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 ...
US crude soared 4.42% to $65.47 a barrel
Thursday's gain in American stocks pushed the MSCI All-Country index to its first record since January 2018
The Dow Jones Industrial Average rose 86.27 points, or 0.31%, at the open to 27,736.05
Trump said he has "no deadline" for a deal and didn't mind waiting until after the election next year to make one
US economic growth picked up slightly in the third quarter, rather than slowing as initially reported, while consumer spending rose steadily in October
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 rose 10.10 points, or 0.04%, at the open to 27,701.59