Tag: Stocks and Bonds

I Became a Disciplined Investor Over 40 Years. The Virus Broke Me In 40 Days.

It’s Thursday morning, March 19 — four weeks into the coronavirus crash of 2020. The Dow Jones industrial average has opened down another 700 points, after plunging below 20,000 a day before. It’s down 30 percent in a month, the steepest drop ever, even worse than during the Great Depression. The fall has been nauseating. […]

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Stock Markets in Asia Climb After U.S. Rally: Live Updates

ImageCommuters in Tokyo on Thursday.Credit…Noriko Hayashi for The New York Times Asian markets rise cautiously after Wall Street’s big day. Stock markets in Asia rose cautiously on Friday, after investors in the United States sent stocks more than 6 percent higher on optimism over the impact of a big spending package from Washington. Most of […]

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Stocks Surge as Washington’s Aid Package Advances: Live Updates

Here’s what you need to know: Wall Street shakes off record unemployment claims. Boeing is up nearly 90 percent this week. American Airlines has jumped almost 50 percent. Carnival Corporation has soared nearly that much as well. Wall Street has been in rally mode, as investors bid up shares of companies that were set to […]

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How the Fed’s Magic Money Machine Will Turn $454 Billion Into $4 Trillion

Treasury Secretary Steven Mnuchin has a favorite talking point: With the Federal Reserve’s help, the government will turn a $500 billion spending package working its way through Congress into a $4 trillion booster shot for the United States economy. How, you might ask, does that figure? The answer lies in the central bank’s emergency lending […]

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White House Considers Postponing Tariffs to Help Businesses: Live Updates

Here’s what you need to know: ImageAn iron and steel plant in Chongqing, China.Credit…Damir Sagolj/Reuters Trump weighs postponing tariff payments to help businesses. The Trump administration is considering postponing tariff payments on some imported goods for 90 days, according to people familiar with the matter, as it looks to ease the burden on businesses hurt […]

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The Fed Asks for BlackRock’s Help in an Echo of 2008

The Federal Reserve has turned again to BlackRock. The nation’s central bank said it tapped BlackRock, the world’s largest asset manager, to help oversee the Fed’s efforts to stabilize the bond market amid the economic turmoil caused by the coronavirus pandemic. A BlackRock subsidiary will advise the Fed on the purchase of billions of dollars […]

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Live Stock Market Tracker During Coronavirus Pandemic

Here’s what you need to know: The Rescue Bill The checks will roll out slowly. As part of the country’s biggest emergency spending plan, American lawmakers have agreed to provide direct payments of up to $1,200 to certain taxpayers in an attempt to create a safety net for those whose jobs and businesses are affected […]

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Stock Markets in Asia Continue Global Surge: Live Updates

Image<img alt="Japan’s Nikkei 225 jumped by more than 5 percent, even as the organizers of the Tokyo 2020 Olympic Games said they would postpone the event by a year.” class=”css-1m50asq” src=”https://static01.nyt.com/images/2020/03/25/world/25markets-briefing-japan/merlin_170936340_96ba2b81-c095-41ec-b133-c14daf52ca46-articleLarge.jpg?quality=75&auto=webp&disable=upscale” srcset=”https://static01.nyt.com/images/2020/03/25/world/25markets-briefing-japan/merlin_170936340_96ba2b81-c095-41ec-b133-c14daf52ca46-articleLarge.jpg?quality=90&auto=webp 600w,https://static01.nyt.com/images/2020/03/25/world/25markets-briefing-japan/merlin_170936340_96ba2b81-c095-41ec-b133-c14daf52ca46-jumbo.jpg?quality=90&auto=webp 1024w,https://static01.nyt.com/images/2020/03/25/world/25markets-briefing-japan/merlin_170936340_96ba2b81-c095-41ec-b133-c14daf52ca46-superJumbo.jpg?quality=90&auto=webp 2048w” sizes=”((min-width: 600px) and (max-width: 1004px)) 84vw, (min-width: 1005px) 80vw, 100vw” itemprop=”url” itemid=”https://static01.nyt.com/images/2020/03/25/world/25markets-briefing-japan/merlin_170936340_96ba2b81-c095-41ec-b133-c14daf52ca46-articleLarge.jpg?quality=75&auto=webp&disable=upscale”>Japan’s Nikkei 225 jumped by more than 5 percent, […]

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As Businesses Close, WeWork Tries to Lure Workers Back

In the fight against the spreading coronavirus, countless businesses, restaurants and bars have temporarily shuttered to stop people from congregating. But WeWork, which operates shared work spaces, has kept most of its locations open. As of Tuesday, WeWork’s website said that only two of its co-working offices in North America were closed and that none […]

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Live Stock Market Updates as Coronavirus Pandemic Continues

Here’s what you need to know: Washington’s stimulus effort stalls again as the Fed tries to calm the markets. With a recession looming and the economy breaking down day by day in the face of the global coronavirus pandemic, investors have been looking to leaders in Washington to cushion the economic impact of business closures, […]

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SoftBank Says It Will Sell $41 Billion in Assets to Buy Back Shares

TOKYO — SoftBank, operator of the world’s largest tech fund, said on Monday that it would sell as much as $41 billion in assets as it seeks to vacuum up its own shares, which have dropped precipitously in the last month amid investor concerns about the coronavirus outbreak. SoftBank has used its $100 billion investment […]

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Stock Markets in Asia Fall on U.S. Stalemate: Live Updates

ImageA countdown clock for the 2020 Olympics in Tokyo on Monday.Credit…Jae C. Hong/Associated Press Global stocks tumble after the U.S. fails to reach a deal. Financial markets look set for another troubled week, as most of the world’s major stock markets tumbled on Monday and investors looked for safe places to park their money. Tokyo […]

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Stock Market’s Gain Under Trump Vanishes in Wake of Coronavirus

Before he was sworn in as president, Donald J. Trump made clear that he would treat the stock market as a crucial yardstick of his success in office. “The world was gloomy before I won — there was no hope,” he wrote on Twitter on Dec. 26, 2016. Since his election, he said, “the market […]

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They. Sold. Their. Stock.

This article is part of David Leonhardt’s newsletter. You can sign up here to receive it each weekday. On Jan. 24, Richard Burr, a Republican senator from North Carolina, attended a private Senate briefing from senior government scientists about the seriousness of the coronavirus. Kelly Loeffler, a Republican senator from Georgia, received the same briefing. […]

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Senator Richard Burr Sold a Fortune in Stocks as G.O.P. Played Down Coronavirus Threat

WASHINGTON — Senator Richard M. Burr sold hundreds of thousands of dollars’ worth of stock in major companies last month, as President Trump and others in his party were still playing down the threat presented by the coronavirus outbreak and before the stock market’s precipitous plunge. The stocks were sold in mid-February, days after Mr. […]

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Senator Sold Hundreds of Thousands of Dollars in Stocks After Suggesting U.S. Was Prepared for Coronavirus

WASHINGTON — Senator Richard M. Burr sold hundreds of thousands of dollars’ worth of stock in major companies last month, as President Trump and others in his party were still playing down the threat presented by the coronavirus outbreak and before the stock market’s precipitous plunge. The stocks were sold in mid-February, days after Mr. […]

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Stocks Inch Higher as Wall Street’s Turmoil Continues: Live Updates

Here’s what you need to know: Stocks end turbulent day with a small gain. Stocks ended slightly higher on Thursday, after a volatile session, as investors weighed fresh evidence of a sharp economic decline against efforts in the United States and Europe to offset the damage. By the end of the day, which had started […]

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The Fed Offers Emergency Loans to Mutual Funds: Live Updates

Here’s what you need to know: The Fed will offer emergency loans to money market mutual funds. The Federal Reserve said late Wednesday night that it would offer emergency loans to money market mutual funds, its latest in a series of steps to keep the financial system functioning and prop up the economy as it […]

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SoftBank May Not Buy $3 Billion in WeWork Shares

SoftBank, the Japanese conglomerate, is threatening to withdraw an offer to acquire a much larger stake in WeWork, according to a person familiar with the matter. The surprise move comes as the coronavirus outbreak diminishes demand for the troubled company’s shared office space. SoftBank, the largest outside shareholder in WeWork, in October agreed to a […]

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Asian Markets Mixed After Wall Street’s Swoon: Live Updates

Here’s what you need to know: Asian markets stabilize after Wall Street’s dismal day. Markets in the Asia-Pacific region were mixed midday on Tuesday as investors tried to grapple with a disastrous Monday on Wall Street. Japan’s Nikkei 225 index was down about half a percent midday. In mainland China, the Shanghai Composite Index was […]

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Markets Plunge as a Global Recession Appears Almost Inevitable

Financial markets imploded again on Monday, as increasingly alarmed investors feared that the global economy could experience a downturn rivaling the cataclysmic recession after the financial crisis a decade ago. Even President Trump’s boundless enthusiasm for the American economy has wilted in the face of what promises to be a widespread economic slowdown, as he […]

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Stocks Plummet as Grim Economic Outlook Grips Markets: Live Updates

Here’s what you need to know: Stocks plunge in worst drop of coronavirus outbreak. Financial markets cratered on Monday, as investors were confronted with evidence that a steep decline in the world’s largest economies may have already begun. The sell-off began after the Federal Reserve took extraordinary steps on Sunday afternoon to bolster the American […]

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How Big Businesses Get a ‘Deep Clean’ in Coronavirus Pandemic

On a recent day on the floor of the New York Stock Exchange, traders were cheek-to-cheek as stock prices flashed above them. They stood in clusters shouting, sharing screens, sharing pizza, sharing pens. They shook hands, leaned over shoulders, patted each others’ backs, hugged. There were no windows open. The New York Stock Exchange was […]

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