NASDAQ

Federal Reserve Chairman Jerome Powell on Tuesday announced that the central bank cut its key interest rate by 0.5 percentage points.The move is designed to blunt the impact of the novel coronavirus on the US economy.But the move won't stop the spread of the virus and it's no surprise that…

Brendan McDermid/ReutersStocks slipped from initial gains on Tuesday, closing deeply in the red after the Federal Reserve's emergency rate cut failed to soothe investors' worries. The 50-basis-point adjustment is the first cut to arrive between Federal Open Market Committee meetings since the 2008 financial crisis. All major US indexes surged…

ReutersHere's what you need to know before the markets open. 1. 'There's nothing really to be relieved about': Stocks tumble as coronavirus fears outweigh stimulus hopes. Promises of support from central bankers failed to outweigh worries of a pandemic hitting global growth. 2. Stocks will plunge, Trump will lose the…

Recession fears are spreading, along with COVID-19. The coronavirus outbreak and unknowns about preparedness caused massive financial losses this week. The Dow closed down 350+ points. The S&P 500 dropped for the seventh day in a row, and posted its biggest drop in a single week since the 2008 financial…

U.S. stocks finished mostly lower Wednesday, with the Dow and S&P 500 index falling for a fifth straight day, as investors digested reports on the spread of China’s coronavirus to Europe and the Americas. Dozens of American and European companies have now warned of the epidemic’s impact on their supply…

After the stock market’s beat-down on Monday, President Trump fired off this tweet that, to some, may have smacked of desperation: The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and…

Hong Kong (CNN)Multiple outbreaks of the novel coronavirus outside of mainland China have continued to worsen, as experts warn we may be approaching pandemic levels. A World Health Organization team landed in Italy late Monday to "support Italian authorities in understanding the situation," the WHO said. The team's focus will…

Xinhua/Wang Ying/Getty ImagesThe Cboe Volatility Index, or VIX, spiked as much as 40% on Monday, the highest since August.  The VIX is a measure of volatility in the markets and is often referred to as a "fear gauge." Investors are worried about the impact of the coronavirus on global markets…

New Leaf Data Services is compiling the numbers from cannabis business entities in Canada. Would you like to monitor what cannabis is selling for in Canada? Well, for a price, Nasdaq Stock Market (NASDAQ:NDAQ) can now help you do just that. Cannabis Benchmarks, a unit of a privately held company…

AP Photo/Richard DrewStocks tumbled on Tuesday after Apple warned Wuhan coronavirus is hitting sales. The iPhone maker doesn't expect to hit its quarterly revenue target as the outbreak is hampering production and hurting demand. HSBC's disappointing earnings and restructuring plans also weighed on market sentiment. The banking giant's profits fell…