Markets
Associated Press/Photo by Richard Drew, file

Stocks finish wild week with weak rally

by Lynde Langdon
Posted 2/09/18, 05:19 pm

The stock market rallied late Friday to trim the week’s losses but still ended down about 5 percent since Monday. The Dow Jones industrial average closed at 24,190, a gain of 1.3 percent over Thursday, and the S&P 500 gained 38 points. Just two weeks ago, the Dow hit a record high of 26,616. Many analysts say the drop over the past week is a normal market “correction,” though they didn’t anticipate it would happen so suddenly. “We may have seen the worst, but it’s too early to say for sure,” said Shane Oliver of AMP Capital.

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Associated Press/Photo by Richard Drew

Dow sheds 1,000 points as markets enter ‘correction’

by Leigh Jones
Posted 2/08/18, 05:11 pm

The Dow Jones industrial average plunged more than 1,000 points Thursday, triggering an official “correction.” Both the Dow and the Standard & Poor’s 500 dropped 10 percent from their all-time highs, set Jan. 26. The markets have logged losses during five of the last six trading days. Analysts blamed the falling stock prices on fears the Federal Reserve would begin to raise interest rates more quickly amid positive economic indicators, including the latest wage report from the Labor Department.

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Associated Press/Photo by Richard Drew

Wall Street calms as U.S. stocks rise

by Kiley Crossland
Posted 2/07/18, 11:50 am

Stocks opened higher on Wall Street Wednesday morning following two days of tumult. After the Dow Jones industrial average took a 1,175-point nosedive on Monday, stocks plunged again Tuesday morning, but the market pulled off a late-afternoon rally, taking back some of the lost territory. Consumer-focused companies like Disney and Amazon made the most gains. Global trading also was calmer Wednesday, with markets in Germany, Britain, France, and Japan up slightly. But investors are still nervous: The VIX index, Wall Street’s “fear gauge” is currently double where it was two weeks ago.

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