Posts tagged Wall Street
CBS This Morning: Market Volatility

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.

CBS This Morning: Coronavirus Fear and Uncertainty

The stock market appears to have recovered slightly from Monday’s historic coronavirus-related losses. The DOW Jones industrial average saw its largest single-day point drop in history, with the biggest percentage-wise selloff since the 2008 economic crisis. I joined CBS This Morning to share advice about what the numbers could mean for personal investors.

CBS This Morning: How Does the Rate Hike Impact You?

Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It's the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year. How does the rate rise impact Americans? I discussed on CBS This Morning.

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CBS Evening News: Stocks Tumble

On Tuesday, the Dow Jones Industrial Average fell by almost 800 points and shares of tech giants fared even worse. It was a reversal from the market's gains Monday, when Wall Street celebrated news of a truce in the U.S.-China trade fight. I discussed on the CBS Evening News with Jeff Glor.

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CBS Sunday Morning: Are We due Another Banking Crisis?

In 2008, the banking system was near total collapse, the stock market was in free fall, and government officials (it seemed to many) were as clueless as the rest of us. I joined CBS Sunday Morning for a look back at the housing and banking crisis that almost dragged the world down into another Great Depression, talking with historian Adam Tooze and Wall Street Journal reporter Gretchen Morgenson about how many of the new rules put into place to protect the system from suffering another meltdown are being diluted.

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CBS This Morning: What Action to Take Amid the Sell-Off

Stock market investors have been enjoying the longest bull market in Wall Street history, but the bulls stumbled badly earlier in the week, before making a slight comeback Friday. All three of the major indexes posted losses of up to four percent for the week, the worst five-day run in six months. I joined CBS This Morning: Saturday to discuss what investors should do next.

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CBS This Morning: What's Behind the Market Sell-Off?

The markets are coming off the biggest two days of losses since February. The Dow Jones Industrial Average lost nearly 546 points Thursday, a 2.1 percent drop, on top of an 831-point plunge on Wednesday. The S&P 500 was also down 2.1 percent. I joined CBS This Morning to discuss what's behind the sell-off.

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CBS This Morning: Apple's Record-Breaking Value

Apple, the first trillion-dollar publicly traded corporation in U.S. history, was valued at $1,001,679,220,000 when Wall Street closed Thursday. I joined CBS This Morning to discuss how Apple has evolved under CEO Tim Cook and how the technology industry is dominating on Wall Street.

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