Oliver Furrer | Cultura | Getty Images The spread of the coronavirus helped to sink the Dow Jones Industrial Average more than 900 points when the market opened on Monday. And if that decline goes past 1,000 points, it could be the biggest one-day drop since 2018. If you’re like many investors, you may be
A pedestrian wearing a face mask walks past a stock indicator displaying share prices of the Tokyo Stock Exchange in Tokyo on February 3, 2020. BEHROUZ MEHRI | AFP via Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 79,400Total
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Check out the companies making headlines midday: Nvidia, Advanced Micro Devices — Shares of Nvidia sunk more than 5% and Advanced Micro Devices tanked more than 6%
A woman wear a protective mask in Venice, Italy, on February 23, 2020 due to concerns over coronavirus infection. The carnival was suspended due to the coronavirus outbreak in northern Italy. NurPhoto Ferrari has suspended tours of its factory and shut down museums near its headquarters following the outbreak of coronavirus in Northern Italy. Ferrari’s
Warren Buffett David A. Grogan | CNBC Warren Buffett was live on CNBC’s “Squawk Box” for three hours on February 24, 2020. Berkshire Hathaway’s chief and Becky Quick covered many topics, including his thoughts on Democratic presidential contenders Bernie Sanders and Michael Bloomberg, sub-zero interest rates, Bank of America vs. Wells Fargo, cryptocurrencies, and his
An Austrian train was halted in Munich, Germany, after carrying two women with suspected coronavirus from Venice, Italy. picture alliance Global markets are suffering. On Monday, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all traded sharply lower. Don’t hit the panic button just yet. Within six months, stocks are usually on
2020 Kia Telluride SUV Mack Hogan | CNBC Kia’s first attempt at giving the American marked a three-row SUV didn’t work so well. The thirsty Borrego arrived as gas prices began to soar during the recession, making the V-8 truck mostly dead on arrival. It was a total miss for the market at the time.
Gear up for a major week for retail stocks. Some of the big-ticket names in retail such as Home Depot, Macy’s and TJ Maxx parent TJX are all gearing up for earnings. The group heads into the busy stretch with a lot to prove — nearly half the stocks in the XRT retail ETF are in
Take a look at some of the biggest movers in the premarket: Berkshire Hathaway (BRK.B) – Berkshire saw operating profit drop by 23% for its latest quarter, but surging stock prices for its holdings like Apple (AAPL) led to record full-year earnings. Berkshire’s Warren Buffett is a guest for all three hours of this morning’s
Billionaire Warren Buffett told CNBC on Monday that investors should not reach for yield beyond their risk-tolerance, even with interest rates so low and stocks seemingly like the only place to get a return. “If you need to get 3% and you can only get 1%, the answer is … you should always adapt your