The Dow falls more than 800 points as a report says large global banks were involved in transactions flagged as possible money laundering and hopes flag for Congress to pass another stimulus.
Apple's stock split is the cause of the shake-up at the Dow Jones Industrial Average. But the symbolic shift also represents how Exxon, once a corporate titan, has diminished in stature.
The Dow Jones Industrial Average surges after reports that retail sales rebounded strongly in May and that the Trump administration is preparing an infrastructure plan to boost the economy.
U.S. stock indexes climb even as dozens of new cases are discovered in the Chinese capital, prompting renewed lockdown measures. Meanwhile, cases are rising in several states that have reopened.
The Dow plunged more than 1,500 points as cases surged in several states and the Federal Reserve warned that the pandemic "will weigh heavily on economic activity."
Even as millions are out of work, the stock market has regained much of the ground it lost since March. Investors are peering into the future and seeing an economy that's beginning to recover.
Traders are wearing masks and must undergo a health screening before entering the New York Stock Exchange, which shifted to electronic trading in March because of COVID-19.
The stock market has never seen a month like March, with downs and ups of thousands of points in a day. The Dow has recovered from recent lows, but it has fallen 24% since its record high.
U.S. stock indexes surged as negotiations continued over a massive stimulus package to help the crippled economy deal with the growing effects of the coronavirus pandemic.
The Dow Jones Industrial Average and other U.S. stock indexes fell again Monday as central bankers and lawmakers struggled to deal with the coronavirus pandemic's economic damage.
The Dow and other U.S. stock indexes fell Friday afternoon after inching up earlier. That left the market poised to resume its downward trend amid the coronavirus crisis.
The Dow tumbled nearly 13% after the Federal Reserve aggressively cut interest rates to near zero and as the nation imposed more restrictions in an effort to curb the spread of the coronavirus.
The Dow Jones Industrial Average and other major stock indexes jumped as Congress prepared a measure to help cushion the economic blow of the coronavirus. But stocks later retreated from their highs.
Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed President Trump's call for a payroll tax cut and other steps to help the economy amid the coronavirus epidemic.
Stock indexes tumbled so fast Monday that market-wide trading was halted temporarily for the first time since October 1997. The Dow Jones Industrial Average fell 2,013 points, or nearly 8%.
The stock market made a comeback after spending much of Thursday in negative territory, a day after a record-setting rally on Wall Street. The Dow closed up nearly 260 points, more than 1 percent.
As recently as 2005, according to Reuters, General Electric was the most valuable publicly traded company in the United States. It will be replaced by the parent company of Walgreens pharmacies.
The Dow rebounded Friday, closing up more than 300 points. But the index lost about 5 percent for the week as the markets focused on inflation and ballooning government debt.
The stock market continued to lose ground Monday after Friday's steep drop, with the Dow Jones industrial average down nearly 1,200 points — its worst single-day drop.
Major stock indexes dropped sharply Friday; the Dow Jones industrial average tumbled 2.6 percent amid signs that wage growth is picking up. It was the Dow's worst weekly performance in two years.
Stocks have been rising for years, and they are starting 2018 with another shot upward. The Dow Jones industrial average closed at about 25,000 — the fastest run to a new 1,000-point milestone ever.
On Oct. 19, 1987, Wall Street had its single worst trading day ever. Even after three decades, Black Monday still marks the biggest one-day crash, and its impact continues to reverberate.
The Dow Jones industrial average topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.
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