U.S. equity markets plunged into correction territory Thursday as President Trump’s announcement of a coronavirus task force did little to assuage investors’ fears of a deepening crisis.
A short-seller is an investor who speculates the price of a stock or other security will fall in value.
Goldman Sachs predicts S&P 500 earnings will hold at $165 per share in 2020, down from a previous estimate of $174.
After receiving an strong public support, sporting goods retailer Modell's is saving two additional stores.
Best Buy reported its fourth-quarter profit rose 1.4 percent to $745 million, or $2.84 a share.
Travel-related stocks have been hit hard by three days of heavy selling.
Peloton shares have gained more than 12 percent this week despite the stock-market selloff.
Disney CEO Bob Iger steps down after nearly 15 years at the helm of the company.
Wendy's reported its fourth-quarter profit rose 41 percent to $26.5 million, or 11 cents a share.
Lowe’s reported same-store sales and forecast 2020 earnings below expectations, sending shares lower.
The coronavirus is wreaking havoc on U.S. financial markets.
Deep selling kicks in for the second session.
Some investors don't think the U.S. economy is out of the woods, and the virus's spread outside of China has heightened worries.
Tupperware said its full-year 2019 earnings would fall sharply from the prior year.
Macy's reported fourth-quarter earnings and sales that outpaced estimates.
Home Depot's fourth-quarter earnings climbed 5.8 percent to $2.5 billion.
Pulbacks are a good time to buy stocks, according to Dick Grasso, former chairman and CEO of the New York Stock Exchange.
Stocks slammed after a surge in coronavirus cases outside China.
Goldman’s economic research team now sees the U.S. economic growth slowing to a 1.2 percent annualized rate in the first quarter.
Some companies who rely on China manufacturing are watching production closely amid the coronavirus crisis, according to the Toy Association CEO Steve Pasierb.