The Week on Wall Street
The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy responses from the federal government did not keep stocks from recording losses for the week.
Newsletter
Volatility Continues
The Week on Wall Street
Markets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices.
Rallies and Retreats
The Week on Wall Street
Heightened coronavirus fears, falling yields, and Super Tuesday primary results sent stocks on a rollercoaster ride of sharp price swings, leaving stocks marginally higher for the week.
The Virus Becomes the Focus
The Week on Wall Street
Stocks fell sharply last week as Wall Street considered how the coronavirus outbreak might influence global business activity and household spending.
Virus Anxieties Affect Stocks
The Week on Wall Street
Traders paid close attention to coronavirus developments and earnings last week, while wondering how the former might eventually impact the latter. Concern over updated infection numbers moderated risk appetite.
Weekly Gains for Big Benchmarks
The Week on Wall Street
Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence.
Stocks Bounce Back
The Week on Wall Street
Stocks advanced four days out of five during the past market week, erasing the losses of the week before.
Equities Slip on Virus Concerns
The Week on Wall Street
Stock benchmarks declined for a second straight week as coronavirus news tempered risk appetite.
Stocks End the Week Lower
The Week on Wall Street
Stock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus.
Fresh Record Highs
The Week on Wall Street
Traders were in an upbeat mood last week, reacting to news out of Washington: the signing of the phase-one trade deal between the U.S. and China as well as the Senate passage of the U.S.-Mexico-Canada Agreement (USMCA). In addition, a new earnings season started. Risk appetite grew and spurred all three of the major Wall Street averages to record settlements on Friday.[1]