The S&P 500 has fallen more than 1% in consecutive sessions for the first time this year, its biggest two-day decline since December's selloff
U.S. stocks fell sharply Wednesday as worries about a slowdown in the U.S. economy sparked a flight from risky assets to start the fourth quarter.
The first two days of October have tested investors’ confidence. Despite a plethora of concerns this year--a U.S.-China trade war, uncertainty over the Federal Reserve’s interest-rate path, and a slowdown in corporate earnings--U.S. investors consistently bet on continuing economic growth, even as markets overseas faltered.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Schwab to drop commissions on U.S. stock, ETF and options trades, slamming online broker stocksCharles Schwab Corp. shares fell sharply in premarket trade Tuesday, after the company said it is planning to drop commission on U.s. stocks, ETFs and...
Read more »
Oil prices recover after output from U.S., Russia, OPEC dropOil prices rebounded on Tuesday on reports that production at the world's l...
Read more »
Drop Out, Andrew Yang!It was easy, initially, to dismiss Andrew Yang as a joke. When he first entered the primary, the startup guy-turned-presidential candidate’s most distinguishing qualities seemed to be his almost pathological aversion to wearing ties and a belief that giving all Americans over the age of 18 a Universal Basic Income, what he called his “Freedom Dividend,” would prepare us for a looming economic collapse driven by robots and automation. (Yang himself often sums up his presidential run like this: “There’s an Asian man running for president who wants to give everyone $1,000 a month.”)
Read more »
After scary manufacturing drop, this is the number to watch WednesdayWednesday's report of ADP private payrolls could give clues on the labor market, the next part of the economy to be scrutinized.
Read more »
Dow transports suffer unanimous selloff; 2-day drop is biggest in a yearThe Dow Jones Transportation Average tumbled 270 points, or 2.7, with all 20 components losing ground, led by weakness in Avis Budget Group Inc.'s stock and...
Read more »