Markets
Associated Press/Photo by Richard Drew

Economic fears push down stocks, bonds

by Lynde Langdon
Posted 8/15/19, 11:41 am

The U.S. stock market had its worst day of the year Wednesday, with the Dow Jones Industrial average dropping a whopping 800 points. The yield on Treasury bonds also fell, signaling that investors are buying up bonds because they think stocks will continue to decrease in value.

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Associated Press/Photo by Andy Wong

White House delays China tariffs

by Lynde Langdon
Posted 8/13/19, 12:46 pm

The United States will put off planned tariff hikes on Chinese goods until Dec. 15, easing the potential effect of the increase on holiday shoppers. A 10 percent tax is planned for nearly all Chinese imports, including iPhones, shoes, and toys, after that. Stocks on Wall Street rallied Tuesday morning after the news.

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Associated Press/Photo by Susan Walsh

Markets perk up after Fed teases rate cut

by Lynde Langdon
Posted 7/11/19, 11:11 am

Global stock markets mostly rose Thursday after Federal Reserve Chairman Jerome Powell suggested the U.S. central bank is ready to cut interest rates for the first time in a decade. The S&P 500 and the Dow Jones Industrial Average both saw increases early Thursday after Powell told the House Financial Services Committee in his semi-annual report Wednesday that concerns about a weakening global economy and rising trade tensions have strengthened the case for a rate decrease. The U.S.

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