The Dow Jones Industrials fell more than 800 points within minutes of the market open on Monday as investors scurried to safer assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global growth.
"I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'" CNBC's Jim Cramer said.
Valuation and allocation trends suggest a positive, albeit choppy market in 2020.
The following charts aim to capture the scale and trajectory of stock market moves in response to the new coronavirus outbreak, the growing number of cases beyond China, the reaction of China's central bank and the impact on safe haven investments.
U.S. interest rates futures surged to their highest levels since last fall as a global sell-off in stocks and panicked buying of government bonds fueled growing expectations that the Federal Reserve will soon be forced to respond with interest rate cuts.
Warren Buffett told CNBC that Berkshire Hathaway's "third largest business," after its insurance and railroad interests, is its stake in Apple.
SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant builds a portfolio under its second Vision Fund.
As coronavirus fears send the Dow Jones Industrial Average down triple digits, there's one move you want to avoid making. Here's the mistake one behavioral finance expert says investors are most susceptible to at these times — and what you should do instead.
Depending on your salary and the matching formula used by your company, your employer's contribution to your 401(k) could translate into thousands of extra dollars going toward your nest egg every year.
Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to build out its French franchise and win more business from large French clients, a memo seen by Reuters said.
Sanofi said on Monday it intended to create a standalone company dedicated to the production of active pharmaceutical ingredients.
European shares suffered their biggest slump since mid-2016 on Monday and oil plunged almost 5%, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors scrambling to the security of gold and government bonds.
The Dow Jones Industrials shed 800 points on Monday as investors scurried to safer assets after a sharp rise in coronavirus cases outside China fueled fears of a bigger impact to global growth.
TransUnion Canada | Release | Feb 24, 2020 New TransUnion study considers common myths around the profile of FinTech borrowers in Canada FinTechs are not just attracting younger Canadians: 46% of FinTech borrowers are over the age of 40 Short-term loans are not the primary focus for FinTechs: 88% of FinTech loan terms are between
The Dow Jones Industrials fell more than 800 points and the S&P 500 as well as the Nasdaq hit three-week lows on Monday as a surge in coronavirus cases outside China fueled global growth worries and pushed investors to safer assets.