Tag: Wall

Wall Street's major indexes slammed as virus anxiety grows

(Reuters) – The key S&P 500 index was down more than 4% on Wednesday after a dire warning on the U.S. death toll from the coronavirus and heightened nerves over the upcoming earnings reporting season sent investors running from even the most defensive equities. Economic data showing a plunge in new orders for U.S.-made goods…

Stock futures point to Wall Street gains, eyes on consumer data

(Reuters) – U.S. stock markets were set to gain on Friday but still looked on course to end the week in negative territory as the shock of the launch of an impeachment investigation into President Trump was countered by hopes for progress with China on trade. FILE PHOTO: Traders work on the floor at the…

Wall St. takes a breather with all eyes on Fed meeting

(Reuters) – Wall Street’s main indexes took a pause on Wednesday, after a rally the previous day, as investors held back from making big bets ahead of the Federal Reserve’s policy statement that is expected to lay the groundwork for future interest rate cuts. Traders work on the floor at the New York Stock Exchange…

Texas boy, 7, raises $22K selling hot cocoa for Trump’s wall

A seven-year-old Texas boy has raised more than $ 22,000 to help build U.S. President Donald Trump’s border wall. And he did so by selling hot chocolate. In December, non-profit group We Build the Wall Inc. started a GoFundMe campaign. The group has since raised more than $ 22.9 million to go towards building Trump’s…