Mounting Coronavirus Fears Triggers Brutal Stock Sell-Off; Dow's Biggest Point Drop EverThe coronavirus pandemic's effect on the economy triggered a major sell-off Monday on Wall Street, where the Dow Jones Industrial Average dropped nearly 1,000 points in the final hour of trading to drop just short of 3,000 points for the day, the Dow's worst point drop in history.
Plunging Stock Market From Coronavirus Fears Provides Investment OpportunitiesWhile fears over the coronavirus outbreak have slammed financial markets around the world, there are those who think this may actually be a golden opportunity for those with money to invest.
Stocks Plummet Amid Coronavirus Angst; Bay Area Tech Stocks ImpactedAn early plunge of 7% on Wall Street triggered a trading halt as a sell-off slamming global markets continued.
Volatile Stock Market Takes Another Precipitous Drop In Worst Week Since 2008U.S. stocks tumbled once again on Friday, as coronavirus fears continue to mount, with Bay Area tech stocks taking a significant hit.
Coronavirus Dow Sell-Off Tops 1,190 Points; Silicon Valley Big Tech Battered As Stocks TumbleShares of streaming giant Netflix soared for several hours Thursday before joining the steep drop in Silicon Valley tech stocks as Wall Street dropped more than 1,190 points over fears of the coronavirus.
Wells Fargo 4Q Profit Slides, Hurt By Lower Interest RatesWells Fargo's net income tumbled in the fourth quarter, weighed down by hefty costs and a lower interest rate environment.
Charles Schwab Buys TD Ameritrade In Brokerage BlockbusterSan Francisco-based Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry.
Charles Schwab Reportedly In Talks To Buy TD AmeritradeTwo of the leaders of the online brokerage industry may be merging.
Stocks Pull Out Of Steep Plunge; Big Tech, Apple Among Biggest LosersAfter falling more than 960 points, the Dow pulled out of its steep decline in the final hour of trading Monday to finish with a 767-point loss at the closing bell as tech was hit hard after China devalued its currency.
Facebook, Google Shares Battered; Feds Preparing Antitrust Investigations
Uber Lost More Than $1 Billion In First QuarterUber said Thursday it lost more than $1 billion in the first three months of 2019.