10:37 a.m. Aug. 20, 2020
- By Mark DeCambre
Gold ends sharply lower for a second session as U.S. dollar extends firming trend December gold falls but manages to hold above $2,000 level after two-day skidGold prices finish lower Thursday, with downward momentum for the precious metal coming amid a Federal Reserve that hinted at a less-accommodative posture than hoped and a dollar that has gained some altitude off two-year lows in the past two sessions.
12:35 p.m. July 7, 2020
- By Joy Wiltermuth
Dow ends nearly 400 points lower, U.S. stocks swoon, on doubts of quick economic recovery Trump starts process for U.S. to quit World Health OrganizationU.S. stocks on Tuesday tumbled in the final hour of trade, ending a 5-day win streak for the S&P 500, as investors grew more wary of the economic, public-health and policy response to the coronavirus pandemic.
3:50 a.m. June 13, 2020
- By Mark DeCambre
Dow closes nearly 500 points higher as stocks make partial rebound from worst day in three months Rising U.S. coronavirus cases raise questions about speed of economic recovery U.S. stocks closed higher Friday in choppy trading as Wall Street attempted to recover from Thursday’s steep losses but left the benchmark indexes with their biggest weekly losses since March 20.
11:49 a.m. June 12, 2020
- By Greg Robb
Fed’s Barkin says best stimulus plan would be common standards so consumers feel safe to shopThe best stimulus plan for the economy would be common standards so consumers feel safe to shop and go to restaurants, said Richmond Fed President Thomas Barkin on Friday.
12:23 p.m. May 12, 2020
- By Chris Matthews
Dow books 450 point loss as stocks record biggest one-day slump since May 1 Nasdaq breaks six-day win streakU.S. stocks end sharply lower on Tuesday, erasing the previous day’s gains, as investors monitor tentative efforts to reopen the economy and weigh tensions between Washington and Beijing.
5:14 a.m. May 8, 2020
- By Selin Bucak
Here’s another reason Turkey’s lira may keep tumblingThe Turkish lira fell to a record low against the U.S. dollar this week and reports say the government has tried to stop the slide by taking action against three foreign banks.