Archive for March 6th, 2020

All week long, stocks pinballed from surge to slump as investor fears over the coronavirus battled hopes over the policy response. Fear gained the upper hand Friday.

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Oil in London plunged the most since 2008 on signs of a breakdown in the global producer alliance that helped engineer crude’s recovery from the worst crash in a generation.

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<p>After a string of deaths, some heart-stopping plunges in the stock market and an emergency rate cut by the Federal Reserve, there is reason to be concerned about the ultimate economic impact of the coronavirus in the United States.</p>

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Unfortunately for home buyers, the drop in mortgage rates isn’t likely to spur more people to put their homes up for sale.

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<p>Stocks fell on Friday, extending the deep rout in the previous session, as Wall Street edges closer to the end of a tumultuous trading week.</p>

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<p>Stocks dropped on Friday, extending the deep rout in the previous session, as Wall Street edges close to the end of a tumultuous trading week.</p>

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<p>Stocks cratered on Friday, extending the deep rout in the previous session, as Wall Street edges close to the end of a tumultuous trading week.</p>

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<p>Stock futures pointed to further declines Friday morning as Wall Street nears the end of a turbulent trading week.</p>

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Presidential candidate Bernie Sanders is trying to expand federal taxation on a scale not seen since World War II, pursuing policies that would end the nation’s run as one of the industrialized world’s lowest-taxed countries.

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As of 10:39 p.m. ET Thursday, Dow Jones Industrial Average futures fell 189 points, pointing to an implied drop of 225.28 points at Friday's open.

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<p>Airline stocks dropped sharply on Thursday as investors reckoned with the prospect of canceled flights, lost sales and substantial reductions in service for months to come. Several carriers — including United Airlines, Jet Blue and Lufthansa — announced new route closings in recent days. An industry trade group said the coronavirus could wipe out between $63 billion and $113 billion in worldwide airline revenues this year.</p>

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Workers at Walmart, Target, and CVS are keeping shelves stocked while consumers shop for essentials. At the same time, they fear for their health.

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