New York Stock Exchange Archives - Northwest Public Broadcasting

Stocks Go Into Shock. Dow Plunges Nearly 3,000 Points

By NPR News March 16, 2020

Markets are falling sharply, even after the Federal Reserve aggressively cut interest rates to near zero. CREDIT: Johannes Eisele/AFP via Getty Images

U.S. stock indexes fell sharply Monday, a day after the Federal Reserve aggressively cut interest rates to near zero in a bid to stop the economy from crashing. The Dow Jones Industrial Average dropped 2,997.20 points, or about 13%, as coronavirus measures rapidly expanded. The S&P 500 index lost nearly 12%.Read More

Dow Plunges 2,300 Points, Market Moves Into Bear Territory With Biggest One-Day Drop Since ’87

By Scott Leadingham March 12, 2020

After weeks of turmoil over the economic toll of the coronavirus, U.S. stock indexes entered a bear market, signaling an end to their 11-year winning streak. CREDIT: Bryan R. Smith/AFP via Getty Images

The Dow Jones Industrial Average fell nearly 10% — its biggest one-day drop since 1987 — as the coronavirus pandemic continued to rattle markets. Trading was temporarily halted earlier in the day.Read More

Dow Dives, New York Stock Exchange Temporarily Halts Trading As Stock Indexes Plummet

By NPR News March 9, 2020

A trader reacts on the floor of the New York Stock Exchange on Monday. Major U.S. stock indexes plunged 7% before trading was temporarily halted. Richard Drew/AP

New York Stock Exchange trading was halted temporarily after indexes plunged 7% in reaction to Saudi Arabia's oil price cut amid increasing fears over the coronavirus epidemic's economic impact.Read More

Stock Markets Take Another Hit As The Trade War With China Heats Up

By NPR News August 5, 2019

U.S. stocks nosedived Monday as China's currency fell sharply and raised fears that the U.S.-China trade war would keep escalating. CREDIT: Richard Drew/AP

World stock markets saw sharp sell-offs after China let its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average closed down 767 points, or 2.9%.Read More

A Yield Curve Inversion Just Happened. It’s Done So Before The Last 7 U.S. Recessions

By NPR News July 1, 2019

The floor of the New York Stock Exchange. An economic indicator known as the "yield curve inversion" hit the three-month mark, which has preceded the past 7 U.S. recessions. Richard Drew/AP

An inauspicious milestone was achieved on Sunday: the yield curve remained inverted for three months, which has for almost half a century preceded economic recessions.Read More