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Articles written by Stan Choe & Alex Veiga

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Tech's sudden sell-off continues; Nasdaq sinks 10% in 3 days

NEW YORK (AP) — Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights. The S&P 500 fell 95.12, or 2.8%, to 3,331.84 and...

 

S&P 500 ticks up as record-busting, wishy-washy week closes

NEW YORK (AP) — More gains for tech stocks are helping prop up an otherwise wobbly Wall Street on Friday, as a record-breaking but wishy-washy week of trading comes to a close. The S&P 500 was up 0.3% in afternoon trading, even though most stocks...

 

How can Wall Street be so healthy when Main Street isn't?

NEW YORK (AP) — The stock market is not the economy. Rarely has that adage been as clear as it is now. An amazing, monthslong rally means the S&P 500 is roughly back to where it was before the coronavirus slammed the U.S, even though millions of...

 

Wall Street keeps rallying; S&P 500 back within 2% of record

NEW YORK (AP) — Wall Street's big rally keeps rolling, and the S&P 500 rose for a fourth straight day Wednesday to sit just 1.7% below its record. The S&P 500 climbed 21.26 points, or 0.6%, to 3,327.77, echoing gains for stocks across Europe and... Full story

 

Wall Street's rally fizzles as oil prices suddenly plunge

NEW YORK (AP) — A big rally on Wall Street suddenly vanished Tuesday, undercut in part by another plunge in the price of oil. The S&P 500 dipped 0.2% after erasing a surge of 3.5% earlier in the day. The market's gains faded as the price of U.S....

 

Stocks plummet amid coronavirus fears and oil-price crash

Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy. The staggering losses,...

 

US stocks end turbulent week with broad gains

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously...

 

Why Wall Street's worried about Tesla

Elon Musk's track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high-speed travel between New York and Washington....

 

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