Financial markets

FILE - In this Feb. 24, 2020, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 27. (AP Photo/Richard Drew, File)
February 27, 2020 - 9:02 am
NEW YORK (AP) — Stocks are opening sharply lower, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit two weeks ago. Microsoft became the latest large company to warn investors about the virus’ potential hit to its finances. Meanwhile nations are...
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People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, Feb. 27, 2020. Shares fell in Asia on Thursday after President Donald Trump announced the U.S. was stepping up its efforts to combat the virus outbreak that began in China. (AP Photo/Kin Cheung)
February 27, 2020 - 6:33 am
Global stock markets fell Thursday on concerns that the coronavirus was spreading to more countries, putting further strain on businesses and supply chains across the world. In Europe, where new cases were being reported, Germany's DAX lost 2.2% to 12,496 and the CAC 40 in Paris dropped 2.3% to 5,...
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People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, Feb. 27, 2020. Shares fell in Asia on Thursday after President Donald Trump announced the U.S. was stepping up its efforts to combat the virus outbreak that began in China. (AP Photo/Kin Cheung)
February 26, 2020 - 10:54 pm
Shares fell in Asia on Thursday after President Donald Trump announced the U.S. was stepping up its efforts to combat the virus outbreak that began in China. Japan's Nikkei 225 index lost 2.1% to 21,951.78, while in Australia, the S&P ASX/200 dropped 0.8% to 6,653.50. In South Korea, where 334...
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A fire burns after an explosion at the Marathon Refinery in Carson on Tuesday, Feb. 25, 2020. (Scott Varley/The Orange County Register via AP)
February 26, 2020 - 5:02 pm
CARSON, Calif. (AP) — The cause of an explosion and fire at the largest oil refinery on the West Coast was under investigation Wednesday as air quality authorities conducted laboratory testing to determine whether toxic gases were released. No one was injured and there were no immediate indications...
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A nurse cares for patients in a ward dedicated for people infected with the coronavirus, at Forqani Hospital in Qom, 78 miles (125 kilometers) south of the capital Tehran, Iran, Wednesday, Feb. 26, 2020. Iran's president said Wednesday, that Tehran has no immediate plans to quarantine cities over the new coronavirus rapidly spreading across the country, even as the Islamic Republic suffers the highest death toll outside of China with 19 killed amid 139 cases confirmed on Wednesday. (Mohammad Mohsenzadeh/Mizan News Agency via AP )
The Associated Press
February 26, 2020 - 11:37 am
DUBAI, United Arab Emirates (AP) — Iran girded Wednesday for a long battle against the coronavirus that is spreading rapidly across the country and the wider Middle East, even though officials in the Islamic Republic had earlier minimized the outbreak that has now killed 19 people, the highest toll...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Feb. 26, 2020. Asian shares slid Wednesday following another sharp fall on Wall Street as fears spread that the growing virus outbreak will put the brakes on the global economy.(AP Photo/Ahn Young-joon)
February 26, 2020 - 7:02 am
LONDON (AP) — Global shares fell sharply once again Wednesday as fears over the speed of the new coronavirus around the world accentuated. With the spread around Europe gathering pace — Greece became the latest country to reveal its first case — investors are getting increasingly concerned about...
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FILE - In this Feb. 24, 2020, file photo specialist Erica Fredrickson works with a colleague on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 25. (AP Photo/Richard Drew, File)
The Associated Press
February 25, 2020 - 6:37 pm
Stocks fell sharply again on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy. Nervous investors snapped up low-risk U.S. government bonds, sending the yield on the 10-...
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U.S.President Donald Trump points to a question during a news conference, Tuesday, Feb. 25, 2020, in New Delhi, India. (AP Photo/Alex Brandon)
The Associated Press
February 25, 2020 - 8:03 am
NEW DELHI (AP) — Defending the host who has showered him with pomp and pageantry, President Donald Trump refused Monday to speak out publicly against a controversial new Indian citizenship law pushed by Prime Minister Narendra Modi that has sparked deadly protests over discrimination against...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Feb. 24, 2020. Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy. (AP Photo/Richard Drew)
The Associated Press
February 24, 2020 - 3:14 pm
The Dow Jones Industrial Average sank more than 1,000 points as the spread of the new coronavirus threatened wider damage to the global economy. The drop was the worst for the index in two years and wiped out its gains so far in 2020. Nervous investors scrambled for safety, loading up on gold, U.S...
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Women wearing sanitary masks walk in downtown Milan, Italy, Monday, Feb. 24, 2020. Italy has been scrambling to check the spread of Europe's first major outbreak of the new viral disease amid rapidly rising numbers of infections, calling off the popular Venice Carnival, scrapping major league soccer matches in the stricken area and shuttering theaters, including Milan's legendary La Scala. (AP Photo/Luca Bruno)
February 24, 2020 - 11:48 am
FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy just as it was steadying itself against headwinds from the U.S.-China trade dispute. Stocks fell sharply on Monday around the world on news of more infections in different countries. The U...
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