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Politicians who crow about stock market gains face hazard when market drops As the stock market soared following his election, President Trump was eager to take credit, often using Twitter to proclaim victory each time the Dow Jones Industrial Average crossed a new barrier. But the closest he came by 5 p.m. Monday to acknowledging a two-day drop in the Dow of 1,841 points, ...
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| Trump, Running Alongside the Market's Bulls, Risks Being Trampled WASHINGTON — As President Trump boasted about the economy during a speech on Monday, he left out one of his favorite lines. Nowhere did he mention the skyrocketing stock market. Viewers at home understood why. In the corner of their television screens, a graphic showed the Dow Jones ...
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| Oil prices sink 1 percent amid global market plunge, US output spree However, the correction in oil is more than a reaction to a sell-off in financial markets. Despite efforts led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia to withhold production since January last year in order to tighten the market and prop up prices, crude supplies remain ...
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| Dow Drops More Than 1100 Points in Stock-Market Rout The long-running global stock rally turned into a rout Monday as the Dow Jones Industrial Average posted its largest-ever, single-day point decline and major indexes in the U.S., Europe and Asia gave up their gains for the year. Traders described a growing sense of anxiety throughout the day and the ...
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| The Financial Markets Are Spooked by Debt, So Why Aren't We? As you slept last night, yields on U.S. Treasury 10-year bond notes hit their highest level (2.885 percent) since January 2014. Coming on the heels of Friday's 666-point plunge in the Dow Jones Industrial Average, this spike in the cost of federal borrowing has the financial markets all herky-jerky today.
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| Oil prices sink 1 percent amid global market plunge, US output spree By Henning Gloystein SINGAPORE (Reuters) - Crude oil futures extended falls from the previous session on Tuesday, with the Brent benchmark dropping 1 percent as global financial markets headed sout...
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