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Content Tagged As wall_street

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  • Inflation takes a holiday? New figures suggest a slowdown

    December 13, 2022 12:31 PM

    BATON ROUGE - New figures show inflation may be cooling -- both nationwide and in the southern U.S. -- and that sparked a Wall Street rally on Tuesday. The Consumer Price Index for November rose just one-tenth of one percent both nationally and in the southern region, according to... more »
  • Dow tumbles more than 300 points Friday morning

    December 17, 2021 11:48 AM

    Stocks are falling Friday morning as concerns about the omicron variant and worries about tighter monetary policy increase ahead of the holidays. CNN reports that the Dow fell more than 600 points Friday morning before recovering some of its lost ground. By late morning, the Dow was down... more »
  • Stocks soar, with DOW topping 30,000 for first time ever

    November 24, 2020 11:59 AM

    NEW YORK - With hopes of several promising COVID vaccines on the horizon and a new administration preparing to occupy the Oval Office, the Dow Jones Industrial Average has been propelled to above 30,000 for the first time ever on Tuesday. According to CNN , t he Dow was... more »
  • Stocks rise as investors anticipate gradual nationwide reopening

    May 12, 2020 11:21 AM

    On Tuesday, stocks rose as investors anticipated national reopening plans and reflected on recent corporate earnings results. Market participants also kept a close eye on the start of the Federal Reserve’s program to purchase corporate debt exchange-traded funds, which kicks off Tuesday. Earlier, U.S. equity futures traded lower... more »
  • Stocks fall due to concern over virus fallout

    May 4, 2020 10:17 AM

    Stocks fell Monday morning amid increasing anxiety triggered by the coronavirus pandemic. As the U.S. economy continues to stagger under the blow delivered by the virus outbreak, the White House Trump shifts the focus to China and the role it allegedly played in the pandemic. On Sunday, Secretary... more »
  • Stocks prepare to tumble at opening bell

    March 18, 2020 8:22 AM

    The U.S. Federal Reserve has taken extraordinary measures to fight the swift economic shock caused by the virus pandemic, its cut interest rates to nearly zero and ramped up asset purchases in addition to easing capital rules to provide banks with more flexibility, allowing them to extend credit to households... more »
  • Global markets fall; stocks may trip another circuit breaker, Monday

    March 16, 2020 8:36 AM

    The Federal Reserve slashed interest rates to zero, but investors aren't quite reassured by this response. “Despite whipping out the big guns,” the Fed’s action is “falling short of being the decisive backstop for markets,” said Vishnu Varathan of Mizuho Bank in a report. “Markets might have perceived the... more »
  • Stock trading briefly halted Thursday morning; Dow sinks 8%

    March 12, 2020 9:46 AM

    NEW YORK (AP) — The sell-off bludgeoning financial markets around the world got even worse Thursday as the economic pain caused by the coronavirus became more painfully clear. Worries are rising that the White House and other authorities around the world can’t or won’t help the weakening economy soon. ... more »

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