WASHINGTON (Reuters) - Two Republican senators faced calls to resign on Friday over media reports they sold substantial amounts of stock before the global coronavirus-induced market meltdown after receiving private briefings on the outbreak.
(Reuters) - Wall Street staged a furious rally in the waning moments of the session on Friday after U.S. President Donald Trump declared a national emergency to combat the rapidly spreading coronavirus, although major averages still suffered sharp losses for the week.
DUBAI/MOSCOW (Reuters) - Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow’s overtures for new talks.
The Dow Jones Industrial Average surged over 5% on Monday while the S&P 500 and Nasdaq each jumped more than 4% in a major rebound following last week’s steep sell-off sparked by fears about the coronavirus.
(Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg’s fortune is set to take a $16 billion hit on Thursday, as the social media giant braces for the biggest one-day wipeout in U.S. stock market history, a day after its executives forecast years of lower profit margins.
(Reuters) — Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26,000 mark for the first time, as the fourth-quarter earnings season kicked into high gear.
The stock market saw a bump Friday afternoon after news broke that Steve Bannon would be leaving his role as President Donald Trump's chief strategist.
President Donald Trump on Thursday blamed Congress for America's "very dangerous" relationship with Russia, adding that bilateral ties between the nations are at an "all-time low."