Stocks plunge more than 500 points on weak Apple sales, China worries

Market volatility continues into 2019 Moody’s chief economist John Lonski on the recent market volatility and the Federal Reserve’s interest rate hikes. U.S. stocks plunged Thursday, with the Dow Jones Industrial Average dropping more than 500 points after tech giant Apple said its quarterly revenue for the crucial holiday sales season would be lower than anticipated. Continue Reading Below Apple CEO […]

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US stocks plunge, record gains cut in half

The wild market swings due to high-frequency trading? Former SEC attorney Teresa Goody on mounting concerns over the market impact from computerized trading. U.S. stocks plummeted Thursday, with the blue-chip Dow Jones Industrial Average dropping in mid-afternoon more than 500 points to cut the previous session's gains in half. Continue Reading Below The decline in equities Thursday was broad based, […]

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Stocks plunge again on wide selling; Dow drops another 545

Specialist John O’Hara works on the floor of the New York Stock Exchange, Thursday, Oct. 11, 2018. Stocks are slumping for a second straight day as the market endures its most volatile stretch since February. (AP Photo/Richard Drew) U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising […]

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Ford's Sales Plunge in September, but Investors Shouldn't Complain

Shares of Ford Motor (NYSE: F) have been battered in recent years, as a bloated cost structure and suboptimal product portfolio led to underwhelming sales and earnings results. Ford stock recently fell to yet another multiyear low after the company reported a double-digit sales decline in the U.S. for the month of September. In fact, Fiat Chrysler (NYSE: FCAU) surpassed […]

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Walmart stock surge drives up retailers, negates J.C. Penney’s largest-ever plunge

The retail sector enjoyed a broad stock rally Thursday, as blowout results from Walmart Inc., in the wake of upbeat economic data, helped negate the biggest-ever plunge in J.C. Penney Co. Inc. shares. See full story. And what Franklin Delano Roosevelt might think if he saw Social Security today. See full story. At a time when internet technology, the “sharing […]

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