The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. I joined CBS This Morning: Saturday to break down the latest financial information.
The New York Stock Exchange will temporarily close its famous trading floor on Monday after two people tested positive for the coronavirus. Trading is set to resume electronically. On Wednesday, the Dow closed below 20,000, erasing nearly all its gains since President Trump took office. I joined CBS This Morning with reaction to the extreme economic uncertainty.
Financial markets suffered losses of historic proportions Monday, with the Dow falling almost 3,000 points, the biggest one-day point drop of all time. The tumble comes as President Trump concedes the country "may be" heading for a recession. Here’s my report for the CBS Evening News.
The stock markets ended a brutal week on a positive note. The Dow bounced back by nearly 2,000 points, picking up more than 9% on Friday. Here’s my report from the CBS Evening News.
The Dow plummeted nearly 10%, leaving investors fearing that the government has not done enough to help the economy amid the coronavirus pandemic.
Another day of big losses on Wall Street, after oil markets plunged overnight. Markets in Australia, Japan and parts of Europe are down more than 5%, adding to the economic uncertainty blamed on the coronavirus. I joined CBS This Morning to explain what's going on amid the spread of coronavirus.
I joined CBS This Morning: Saturday to discuss what the U.S. has to lose if it gets into a trade war with China and how trade wars often lead to a recession.
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A wild week on Wall Street came to an end with a small rally on Friday. I joined CBS This Morning to explain why such volatility might not be a bad thing.
Wall Street opens after the Dow suffered its second-worst points drop ever. It closed more than 1,000 points lower Thursday. The worst drop in history, nearly 1,200 points, happened Monday. I join CBS This Morning to discuss why the market is in correction territory.
U.S. stocks tumbled again after huge swings earlier this week. On Thursday, the Dow lost more than 1,000 points. Here's my latest appearance on the CBS Evening News with Jeff Glor to help explain what's behind the volatility.
U.S. stocks plunged Monday, marking a second day of steep declines. I joined CBS Evening News anchor Jeff Glor to discuss what we can expect moving forward.
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It was a bad end to a bad week on Wall Street. The Dow plunged 666 points Friday, or 2.5 percent -- the biggest percentage drop in a year and a half. For the year, however, it is still ahead.
