Northern Star

 

Advertisement

 

 
Northern Star

Northern Illinois University’s student media since 1899

 

Ensure student journalism survives. Donate today.

The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Dow drops more than 1,000 as outbreak threatens the economy

By ALEX VEIGA and DAMIAN J. TROISE | February 24, 2020

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...

Markets tank on concern about virus impact on world economy

By ELAINE KURTENBACH | February 24, 2020

BANGKOK (AP) — Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the economic outlook.The decline promises...

World markets slip on renewed fears over virus outbreak

By JOE McDONALD | February 21, 2020

BEIJING (AP) — Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countries refueled investor anxiety about China's disease outbreak.Benchmarks in Tokyo, Hong Kong and Sydney closed down and London, Frankfurt...

Asian stocks mixed after Wall Street rises to record

By YURI KAGEYAMA | February 19, 2020

TOKYO (AP) — Shares were mixed Thursday in Asia after Wall Street recovered to record highs, but worries persist about damage to the regional economy from the new virus that began in China.Japan's benchmark Nikkei 225 gained 0.3% to 23,474.78, shedding...

Shares take hit as virus outbreak slams profits, events

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the...

Asian markets mixed: Japan skids; China helped by rate cut

By ELAINE KURTENBACH | February 16, 2020

BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to...

How major US stock indexes fared Friday

By The Associated Press | February 14, 2020

Stock indexes finished mostly higher on Wall Street Friday as technology, real estate and utilities companies outweighed losses elsewhere in the market.The major indexes finished with their second straight weekly gain. Bond yields fell and the price of...

Asian shares up on China efforts despite virus worries

By YURI KAGEYAMA | February 4, 2020

TOKYO (AP) — Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak.Japan's benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia's S&P/ASX...

Asia shares gain, Shanghai up slightly after Wall St rebound

By ELAINE KURTENBACH | February 3, 2020

BANGKOK (AP) — Shares advanced in Asia on Tuesday, with the Shanghai Composite up 0.2% after a rebound on Wall Street overnight.Markets were still far from giving the all-clear on the virus outbreak that has spread to more than 20 countries and killed...

Stocks sink on fears virus outbreak will dent global economy

By ALEX VEIGA | January 31, 2020

Stocks fell sharply on Wall Street Friday as fears spread through the markets that a virus outbreak emanating from China will dent global growth.The Dow Jones Industrial Average skidded more than 600 points and the S&P 500 index erased its gains for...

Stocks drop again after virus declared global emergency

By ELAINE KURTENBACH | January 31, 2020

Stock markets turned lower again on Friday after world health authorities declared the virus pandemic that has spread from China to more than a dozen countries a global emergency.Germany's DAX fell 0.3% to 13,116 and the CAC 40 in Paris shed 0.4% to 5,848...

Asia shares mixed as WHO says China virus a global emergency

By ELAINE KURTENBACH | January 30, 2020

Shares were mixed in Asia after the World Health Organization declared the outbreak of a new virus that has spread from China to more than a dozen countries a global emergency.Markets in mainland China remained closed as the U.S. warned against all travel...