Swiss authorities urged UBS to take over after a plan for Credit Suisse to borrow up to $54 billion failed to reassure investors and customers.
| AP
This is how the current collapse is different from the Great Recession.
Last week, Silicon Valley Bank failed, leaving customers in a tough spot as the government took over.
Bloomberg reported that a strategist predicted the index would drop as much as 26% at some point in the coming weeks and months.
Investors reviewed mixed news on the economy as markets head for a long weekend. Markets will be closed Monday for the Christmas holiday.
| AP
Musk sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according to the Securities and Exchange Commission.
| AP
Futures for the Dow Jones and S&P 500 each slipped 0.3% Monday as investors eye another meeting by the Federal Reserve to weigh on interest rates.
| AP
European markets were also broadly higher, and most Asian markets gained ground after a volatile week that closed with most major indexes in the red.
| AP
For markets to really turn higher, analysts say investors will need to see a break from the high inflation that's swept the world.
| AP
Wall Street remains on shaky ground as indexes continue to fall into a bear market amid rising inflation.
More than 90% of stocks and every sector in the benchmark index lost ground as traders wait to see how far the Fed will raise interest rates.
| AP
Futures for the Dow Jones industrials and for the S&P 500 each tumbled nearly 1% Monday morning.
| AP
The broader U.S. economy has been slowing, but consumers have remained resilient and the job market remains strong.
| Bianca Facchinei and AP
The S&P 500 and Dow Jones Industrial Average were down 0.3% in afternoon trading on Tuesday, while the Nasdaq fell 0.4%.
| AP
Pricey technology companies and retailers had some of the biggest losses. Utilities and energy stocks held up better than the broader market.
| AP and Scripps News Staff
Oil prices are steady after the OPEC oil cartel and its allies decided to boost production in September by a much slower pace than in previous months.
| AP
The S&P 500 was down 1.5% as of midday Tuesday and the Dow Jones Industrial Average fell 1.8% to just over 30,500.
| AP and Scripps News Staff
The S&P 500 climbed 2.4%, led by more gains in the highly volatile technology sector.
| AP and Scripps News Staff
The complaint in New York federal court accuses Musk of violating a regulatory deadline to reveal he had accumulated a stake of at least 5%.
| AP
Moscow's stock exchange briefly suspended trading on all its markets on Thursday morning.
| AP
Technology stocks were among the biggest losers, while energy companies and raw materials suppliers held up better.
| AP
Because Meta is valued so highly, a big swing in its stock price can also sink or lift broader market indexes.
| AP
The steady decline in stock prices has come as the Fed has signaled its readiness to begin raising its benchmark short-term interest rate in 2022.
| AP
The Dow Jones dropped by more than 700 points Monday morning, while the NASDAQ and S&P 500 were down 440 points and 120 points, respectively.
| AP
The Dow Jones Industrial Average dropped 900 points in early trading Friday.
| AP and Scripps News Staff
The S&P 500 has approached another record high.
| AP
Shares soared past $66,000 after launching an ETF that lets you invest in the future price of the cryptocurrency without dealing with actual tokens.
| AP
Gamestop stock mania tested the stock market but did not break it, according to a new SEC report.
| AP
The S&P 500 was 1.9% lower in morning trading, after setting a record high just a week earlier.
| AP
Federal Reserve Chair Jerome Powell said: "Inflation has increased notably in recent months."
The industry was blamed for the Great Recession and has spent most of the past year trying to appear more helpful to struggling borrowers.
Former Disney CEO Michael Eisner is planning to make Topps a publicly traded company in a deal worth $1.3 billion.
Like many video games, it gained a lot of popularity during the pandemic.
Lawmakers questioned executives from the trading app Robinhood and a major hedge fund, and a YouTuber who led the frenzy.
