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Donald Trump says the US is performing better than the rest of the world during the pandemic and points to the rebound in stocks - after Kamala Harris accused him of crashing the economy

12/08/20 23:24

President Donald Trump boasted the U.S. was enjoying a 'V-shaped' economic recovery and said other peer nations were doing worse, even as the nation leads the world in coronavirus cases. He touted daily stock market gains at his Wednesday briefing and said Europe had 'higher excess mortality. The U.S. leads the world in coronavirus infections at 5 million.'...read

Wall Street Journal vows not to 'wilt under cancel culture pressure' or yield to 'conformity and intolerance' after 280 staffers signed a letter protesting 'misinformation' in the paper's conservative opinion pieces
24/07/20 05:01
The Wall Street Journal - which is owned by Rupert Murdoch's News Corp - opinion section issued a scathing rebuttal late Thursday to a letter signed by 280 of the paper's staffers.
Apple is facing multi-state probe for 'deceiving consumers' - as Texas attorney general say they may sue
23/07/20 21:50
Shares in Apple fell 4.3 percent Thursday as it was revealed that multiple U.S. states are investigating the company for potentially deceiving customers.
More than 280 Wall Street Journal staffers sign a letter protesting 'misinformation' in the paper's conservative opinion pieces - including one by VP Pence
22/07/20 21:30
The group of reporters, editors and other employees at The Wall Street Journal and its parent company sent their extraordinary letter to the paper's publisher on Tuesday.
Global financial markets plummet amid fears a second coronavirus wave will wreak more damage on world's economies
12/06/20 07:57
The grim global picture comes as it emerged today that Covid-19 forced the UK economy to shrink by an astonishing 20.4 per cent in April - the biggest fall ever.
The S&P erases its 2020 losses and American Airlines reveals their shares have DOUBLED in price as Trump hails 'big day for the economy' off the back of reopening and a huge jobs report
08/06/20 16:15
The Dow was up 263 points, or 1%, at 27,374 on Monday. At $19.90, American Airlines shares had doubled compared to this time last month and increased 94% from two months ago.
Brits 'WILL be able to go on European holidays in July with no quarantine': Boris Johnson wants to agree a cross-EU exemption so travellers won't have to isolate for 14 days at either end
08/06/20 00:57
Boris Johnson wants to agree a cross-EU exemption to allow Britons to visit EU countries without isolating for 14 days. He wants to water down the controversial travel quarantine policy.
Major error in May jobs report made the official unemployment rate look 3% lower than it is, Bureau of Labor Statistics admits
07/06/20 16:13
A Bureau of Labor Statistics report released Friday indicated that the US unemployment rate was 13.3 percent in May. But a note buried in the report disclosed a 'misclassfication error'.
Dow soars 800 points and Nasdaq touches record high as stock markets power ahead on surprise jobs report
05/06/20 15:18
It came after the government said that U.S. employers added 2.5 million workers to their payrolls last month. Economists were expecting them instead to slash 8 million jobs.
Britons could finally see their grandparents, family or friends - and weddings could be back ON - under 'bubble' socialising that could start from NEXT MONTH
11/05/20 13:51
The Government is considering allowing people to mix in 'bubbles', expanding to one other household group, new guidance says. Small weddings may also be allowed to take place.
Dow climbs back to close higher after shares in top four US airlines drop after Warren Buffett's fund offloaded its entire stake in the carriers
04/05/20 13:58
Major US indexes opened lower but moved higher throughout the afternoon to snap two-day losing streaks.
Dow plunges 600 points after Trump threatens new tariffs on China in retaliation for coronavirus pandemic
01/05/20 13:33
Trump said late on Thursday his trade deal with China was now of secondary importance to the pandemic, as his administration crafted retaliatory measures over the outbreak.
Dow sinks 280 points as jobless claims rise by 3.8 million - but Wall Street still has its best month in 30 years
30/04/20 13:36
The S&P 500 is on course for its best month since 1974, powered by dramatic U.S. monetary and fiscal stimulus and hopes of a revival in business activity as states reopen from lockdowns.
Dow jumps 530 points after Gilead reported 'positive data' for its experimental coronavirus treatment
29/04/20 13:37
U.S. stock indexes jumped higher on Wednesday after Gilead Sciences said its experimental antiviral drug remdesivir met the main goal of a trial testing it in COVID-19 patients.
Dow erases early gains in wild swings as oil prices plunge and consumer confidence slumps showing economic damage of coronavirus pandemic
28/04/20 13:35
U.S. stock indexes rose on Tuesday when the market opened but those early gains had been erased by mid-day as a plunge in confidence underlined the extent of damage from the pandemic.
The Dow closes 350 points higher as more US states prepare to lift restrictions imposed on businesses amid coronavirus pandemic
27/04/20 14:14
The Dow Jones Industrial Average rose 358.51 points, or 1.51%, to 24,133.78 as investors cheered news that more countries and U.S. states were looking to ease lockdowns.
Wall Street closes flat after wild session as investors weigh report that Gilead's coronavirus treatment flopped in early study
23/04/20 13:39
New government data on Thursday morning showed that more than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across the nation.
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Dow rises 450 points as oil prices rebound and $484 billion coronavirus relief package passes Senate
22/04/20 13:37
It follows a shock to markets when the price of one oil futures contract dropped below zero on Monday, with traders so desperate to unload their contracts that they were paying buyers to take it.
Dow plunges 630 points after oil prices dropped below zero in historic turmoil due to plunging demand
21/04/20 13:33
The May contract for West Texas Intermediate crude was still trading below zero Tuesday, as investors worried about full storage facilities and a collapse in demand in the coronavirus pandemic.
'Love to see it': AOC deletes tweet celebrating oil price crash after she is criticized for making light of job losses
21/04/20 06:02
The Democrat, main, quickly removed the post, inset, on Monday but still used the economic collapse to plug her Green New Deal.
Oil price crashes to NEGATIVE $37 a barrel for first time in history as demand dries up and producers PAY buyers to take it off their hands
21/04/20 03:01
The cost to have a barrel of US crude delivered in May fell to minus $37.63 on Monday as demand dried up and storage tanks neared capacity, meaning traders paid to have barrels taken away.
Oil crashes to a historic low of MINUS $37 a barrel as the Dow drops more than 500 points amid the coronavirus pandemic
20/04/20 13:40
US crude oil futures turned negative on Monday for the first time in history, ending the day at a stunning minus $37.63 a barrel as traders sold heavily because of rapidly filling storage space.
The Dow soars 600 points higher after reports of successful trials involving potential coronavirus treatment drug Remdesivir and Trump laying out his plans to re-open the US economy
17/04/20 13:39
The Dow soared more than 600 points, or 2%, at the open on Friday, while the S&P 500 traded 2% and the Nasdaq rose 1.4%.
US stocks close up after a turbulent day for Wall Street which saw the Dow plummet by 200 points while shares in Netflix surged
16/04/20 13:52
The Dow Jones Industrial Average rose 33.33 points to 23,537.68, the S&P 500 gained 16.19 points to 2,799.55 and the Nasdaq Composite added 139.19 points to 8,532.36.
The Dow closes more than 400 points down as record drop in retail sales and dire first-quarter earnings point towards biggest economic slump since 1930s
15/04/20 13:44
US stocks fell on Wednesday as dismal economic and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak.
The Dow closes 500 points higher as investors embrace signs that White House is considering how to reopen economy - even as earnings reports show hit from the coronavirus
14/04/20 13:38
The Dow Jones Industrial Average jumped 500 points, or 2.4%. The S&P 500 jumped 3.1% and the Nasdaq Composite climbed almost 4%
The Dow closes more than 300 points down after strong rally last week as investors brace for first-quarter earnings season to underline coronavirus damage to corporate America
13/04/20 13:42
The Dow Jones and S&P 500 fell on Monday after last week's strong gains as US companies prepared to kick off a quarterly earnings season expected to be rough due to the coronavirus pandemic.
Dow rises 280 points and Wall Street rally continues despite jobless claims soaring to 16 million, as Fed announces $2.3 TRILLION loan program for Main Street
09/04/20 13:38
In its most groundbreaking step yet, the Fed said it would work through banks to offer four-year loans to companies of up to 10,000 employees and directly buy the bonds of states and cities.
Dow rises 780 points despite record daily coronavirus death toll as US outbreak moves closer to its peak
08/04/20 13:35
Volatility looked set to continue from the closing stages of Tuesday's session, when a tumble in oil prices wiped out early gains in a market still feeding on regular doses of layoff news.
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Dow rally fizzles out as oil prices plunge - one day after the index jumped 7% when coronavirus cases in New York showed signs of slowing
07/04/20 13:34
Wall Street resumed a strong rally on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that the sweeping lockdown measures were working.
US stocks have their best day in two weeks as the Dow closes up 1,627 points and states report coronavirus infections have begun to slow as stay-at-home orders appear to be working
06/04/20 13:50
US stocks had their best day in two weeks on Monday, as investors were encouraged by signs that new coronavirus cases and deaths were starting to slow in some states.
Dow drops 350 points as coronavirus ends record jobs growth and markets wait for new infections to peak
03/04/20 13:10
Stock indexes gained about 2 percent on Thursday as oil prices soared on hints of a Saudi-Russia deal, but doubts returned Friday on whether the rebound would last as demand tapers off.
Dow soars 470 points on surging oil prices despite jobless report showing 6.6 MILLION new claims
02/04/20 13:13
Initial claims for unemployment benefits rose to 6.65 million in the latest week from an unrevised 3.3 million the previous week, the U.S. Labor Department said on Thursday.
FTSE closes slightly up at 0.47% rising 26 points to 5,480 after a steady day amid hopes China may have passed the worst of the coronavirus outbreak
02/04/20 07:21
Traders in London have been reacting today to China showing signs of controlling the coronavirus, reporting falling numbers of new cases, although progress remains fragile.
Dow jumps nearly 700 points as US stocks continue to rebound after healthcare companies announce developments that could aid in the coronavirus outbreak and Trump extends his lockdown guidelines
30/03/20 13:42
The Dow Jones Industrial Average rose 690.7 points, or 3.19% on Monday while the S&P 500 gained 85.18 points, or 3.35% and the Nasdaq Composite added 271.77 points, or 3.62%.
Dow Jones falls 30 per cent below its all-time high - on first trading day after Donald Trump boasted of setting 'a record'
16/03/20 15:20
Financial markets took another steep dive Monday morning despite rate cuts by the Fed on Sunday amid more concerning news on the coronavirus outbreak.
Bloodbath on world markets: Oil prices see the biggest plunge since the Gulf War in 1991 as Dow set to open 1,000 points lower while coronavirus panic wipes £130billion off London markets with FTSE 100 falling 8.5 per cent
09/03/20 00:39
Futures on the Dow Jones Industrial Average tumbled 1,000 points Sunday night amid an oil price war, following failed talks between OPEC and Russia on Friday.
Dow plunges 10% from peak and enters correction after largest one-day point drop in HISTORY as coronavirus fears fuel the worst week on Wall Street since the Great Recession
27/02/20 14:03
Industry analysts continue to sound the alarm as they assessed the impact of the coronavirus, with Goldman Sachs saying U.S. companies will generate no earnings growth in 2020.
Dow drops ANOTHER 880 points after coronavirus fears drove 1,000-point plunge - but Trump advisor Larry Kudlow claims economic fallout will be minimal
25/02/20 13:52
The Dow dropped 879 points on Tuesday, following a more than 1,000-point plunge the day before, ending the trading session 8.4 percent below its February 12 record-high close.
Asian stocks drop as fears over the coronavirus weakening the world economy cause Dow Jones to plummet 1,000 points
24/02/20 14:44
Stock markets in Asia dropped on Tuesday and the Dow Jones Industrial Average slumped more than 1,000 points as fears that deadly coronavirus will affect the global economy begin
Dow Jones tumbles 150 points as first case of deadly Chinese coronavirus is confirmed in US
21/01/20 22:46
All three major U.S. stock averages fell following several days of record closing highs and their best one-week advance in months. The sell-off snapped a three-day win streak by the S&P 500.
Dow plummets 494 points to bring two-day losses to more than 800 amid concerns of an economic slowdown
03/10/19 01:37
At the closing bell, the Dow was down 494 points, more than 800 points in two days. Payroll firm ADP said 135,000 private-sector jobs created in September, below expectations.
Wall Street wraps up its strongest six months in decades as the Dow rallies ensuring its best June in 81 years
28/06/19 20:34
The Dow Jones Industrial Average rallied 7.2% this month, ensuring its best June performance since 1938. S&P 500 posted its best first half of a year since 1997, soaring 17.3% to reach an all-time high.
Dow Jones loses steam after two days of gains, putting the major stock indexes on track to all post annual losses for the first time in a decade
28/12/18 21:55
The Dow Jones Industrial Average on Friday dropped 76.42, or 0.33 per cent, to 23,062.40, losing steam after Wednesday's historic points gain of more than 1,000.
Wall Street whiplash as Dow Jones REBOUNDS in late trading to gain 250 points after earlier losses on day after all-time biggest jump of 1,000 points
27/12/18 15:39
The Dow on Thursday rose 256.19 points, or 1.12 per cent, to 23,134.64, the S&P 500 gained 20.45 points, or 0.83 per cent, to 2,488.15 and the Nasdaq Composite added 25.14 points , or 0.38 per cent.
Dow Jones plunges 500 points amid fears of slowing global growth as Wall Street prepares to close out its most volatile year EVER
14/12/18 21:17
The Dow Jones closed down 497 points, or 2 per cent and the S&P 500 dropped to its lowest level since April, with the benchmark index now down almost 3 per cent for the year.
The Dow Jones finishes the day up more than 400 points as stocks show signs of recovery after an awful month
30/10/18 13:42
Stocks closed solidly higher on Wall Street as the market clawed back a small part of the ground it lost in October, with the Dow Jones finishing up more than 400 points on Tuesday.
Another wild day on Wall Street: Dow Jones rebounds from two straight days of plunges as tech stocks soar
12/10/18 15:38
The major US stock indexes were all up at the opening bell on Friday, and maintained gains though afternoon trading, making up some of the ground lost during a two-day rout earlier this week.
'I think Fed has gone crazy': Trump blasts Federal Reserve for its rate hikes and says the market is in a 'correction' as Dow Jones plunges 800 points and tech stocks tumble
10/10/18 20:55
President Donald returned to bashing the Federal Reserve after a rocky day on Wall Street that saw the Dow Jones Industrial Average plunge more than 800 points, its worst drop in eight months.
Nasdaq posts record close as Facebook and Netflix rise to all-time highs
20/06/18 20:15
The Nasdaq closed at a record on Wednesday, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.-China trade skirmish simmered.
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Dow Jones drops 200 points as markets get jittery over Trump's warning to Russia that missiles 'will be coming' in Syria
11/04/18 15:04
Wall Street fell on Wednesday, led by losses in financial stocks, on brewing tensions between the United States and Russia over a possible US military action against Syria.
Dow Jones second-quarter start is the worst since the GREAT DEPRESSION as stock market plunges more than 600 points amid fears of a trade war with China
03/04/18 03:52
Stocks fell on Monday after China raised import duties on US pork, apples, other products. The S&P 500, considered to be a great indicator of how the US stock market is doing, fell 2.2 percent.
Dow Jones opens 120 points down as Europe makes modest recovery but Asian stocks fall again after brutal sell-off wiped trillions off global markets
07/02/18 08:52
The Dow Jones opened 120 points down in New York with Wall Street braced for more volatility a day after spectacular price swings kept breathless investors on the edge of their seats.
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What is the Dow Jones Industrial Average?
06/02/18 18:35
On February 5, 2018, the Dow Jones Industrial Average (DJIA) suffered its greatest same-day drop in history and the biggest one-day percentage decline since the 2011 Eurozone crisis.
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Dow Jones suffers second day of triple-digit losses as sellers dump health care stocks
30/01/18 19:46
The Dow Jones Industrial Average was down more than 330 points in afternoon trading on Tuesday - or 1.27 per cent.
Dow Jones sets record by blazing through 26,000-point mark just a week after it crossed 25,000
16/01/18 15:28
US stocks climbed in morning trading Tuesday, sending the Dow Jones industrial average past the 26,000-point mark for the first time.
Dow Jones climbs above 25,000 for the first time - as President Trump claims it could reach 30,000
04/01/18 15:18
The Dow Jones industrial average burst through the 25,000 point mark Thursday, just five weeks after its first close above 24,000. The Dow closed at 25,075.

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