The Dow Jones Industrial Average plunged 877 points, or 4 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite fell 3.7 percent and 3.08 percent, respectively.
Monday’s advance comes after President Trump on Sunday evening announced the extension of social distancing guidelines through at least April 30.
Investors are beating down the bear as optimism returns to equities.
Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic.
The Dow Jones Industrial Average tumbled 7.8% Monday, its steepest drop since the financial crisis of 2008, as mounting fears over the coronavirus combined with a crash in oil prices to send a shudder through world markets.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.
The huge gains clawed back some of the ground lost in a massive sell-off that gave stocks their worst week since the financial crisis of 2008.
The virus outbreak has been shutting down industrial centers, emptying shops and severely crimping travel all over the world. More companies are warning investors that their finances will take a hit because of disruptions to supply chains and sales
Critics of the high-end exercise equipment maker say the ad is sexist and classist.
Personal finance expert, Mark Avallone with Potomac Wealth Advisors goes over the biggest factors impacting the U.S. economy, and what we could see going into 2019.
Tracee Carrasco has the latest business headlines. The markets take another hit amid trade discussions. 46 million people are due to be traveling this holiday season -- starting on Thursday.
Roberto Perli with Cornerstone Macro discusses the latest trend in the stock market, as affected by a good economy and high interest rates.
FOX's Tracee Carrasco joined us with the latest for our Business Beat.
George Clooney tops the list for the highest paid actor in Hollywood. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX 5's Nick Smith reports.
The stock market responding to a proposal for tax reform. FOX Business Network's Tracee Carrasco has these stories and more in our latest Business Beat.
The stock market is surging as a Republicans plan a press conference to discuss tax reform. FOX Business Network's Tracee Carrasco has these stories and more in our latest Business Beat.
FOX's Lauren Simonetti joined FOX 5 to explain how North Korea’s missile testing is impacting the stock market.