Oil services provider Schlumberger rocked by 'double black swan'
The Houston-based oil services provider lost $5.32 a share as revenue fell 5 percent year-over-year to $7.5 billion.
Stocks rise as Trump prepares reopening of America details
The Labor Department reported Initial jobless claims totaling 5.25 million for the week through April 11.
Abbott Labs posts 16% profit drop amid coronavairus, suspends forecast
Abbott Laboratories reported earnings of 31 cents a share on net revenue of $7.73 billion.
Stocks slide as coronavirus slams US economy with historic declines in retail sales, manufacturing
Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low.
Dow jumps 558+ points, Nasdaq exits bear market as coronavirus concerns ease
Wall Street analysts predict S&P 500 earnings will tumble 9 percent from a year ago, the first quarterly decline since the financial crisis.
Coronavirus has big-money investors hoarding most cash since 9/11
The elevated cash levels show "extreme investor pessimism," according to Bank of America.
Nasdaq rises helping Dow, S&P curb some losses
Tech stocks led a turnaround for the Nasdaq on Monday.
Stock market's coronavirus bottom probably in: Goldman Sachs
The S&P 500 has likely bottomed unless there is a second wave of infections, Goldman Sachs says.
Coronavirus sees US restaurants turn to grocery sales to offset losses
Some restaurants have turned to selling groceries and other provisions as a way to help make up for revenue lost during the coronavirus
Airline industry's coronavirus bailout may draw on lessons of 9/11
The $2.3 trillion CARES Act sets aside $25 billion in cash grants for U.S. airlines, and about 90 percent of that money is expected to go to the nation’s six largest carriers.
Stocks surge on Fed's $2.3T stimulus
More Fed stimulus and stabilizing coronavirus cases help lift stocks.
S&P 500 joins Dow in exiting bear market as Sanders suspends presidential campaign
Stocks rallied Wednesday as COVID-19 showed signs of plateauing in some of the hardest hit areas.
Coronavirus slowing but stocks still face 'extreme reckoning'
While investors have become more optimistic this week as the number of hospitalizations due to COVID-19 appears to be plateauing, it appears the stock market rally isn’t built to last.
Gold-mining giant's coronavirus strategy honed during Ebola outbreaks
Barrick has navigated 2 Ebola outbreaks, tuberculosis and the chicken pox in recent years.
Stock market looks beyond coronavirus
A slowdown in the spread of COVID-19 is necessary before stocks can recover from a bruising selloff, Wall Street says.
Stocks give up gains on oil's sharp reversal
COVID-19 showed signs of slowing in some of the hardest-hit areas giving investors hope.
Investors should look at companies with these traits: El-Erian
Mohamed El-Erian says investors should look for companies with strong balance sheets, lots of cash and positive cash generation.
Dow pops over 1,600 points on coronavirus slowdown, new stimulus hopes
Stocks rallied Monday as COVID-19 showed signs of leveling off in New York City.
Coronavirus catapulting US into deepest recession since WW2
The full extent of the economic damage caused by the pandemic remains unknown, but Wall Street expects the fallout to be severe as a dismal jobs report did not include the roughly 10 million Americans who filed for first-time unemployment benefits over the past two weeks.
Stocks tumble as unemployment spikes on coronavirus layoffs
U.S. equity markets fell for the day and week as the economy lost more jobs than expected.