The Market

U.S stock futures and crude oil prices plunged in electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders. Dow Jones Industrial Average futures YM00, -4.86% were last down more than 1,100 points as S&P 500 futures ES00, -4.89% and Nasdaq Composite …

It’s every country for itself, or so it seems after a meeting between OPEC and other major producers ended in acrimony on Friday, which has the market now worried about a price war between some of the biggest oil producers in the world. Russia and Saudi Arabia are likely to …

I am receiving a large number of complaints about the stock market’s wild swings as the new coronavirus spreads across the U.S. My suggestion is to not complain. The reason is that there is nothing you can do. Investors ought to accept the swings, focus on making money from them …

Passengers waiting to travel home relax aboard the MS Westerdam off of Sihanoukville, Cambodia, last month. The large cruise ship with more than 2,000 crew and passengers was completely free from the Coronavirus (COVID-19.) but was turned away from five other Asian locations. Getty Images Have you planned a cruise? …

Nassim Nicholas Taleb, whose book “The Black Swan” foreshadowed the 2008 global financial crisis, responded to Elon Musk’s tweet about what he called a panic over the coronavirus with a brief lesson on probability and human endurance over the millennia. “[T]he coronavirus panic is dumb,” Musk, the CEO of SpaceX …

U.S. airline stocks have been slammed as companies cancel all but urgent travel and avoid regions with high numbers of cases of the coronavirus COVID-19, but investors say the reaction may be overdone. The selloff is purely motivated by fear, said Michael Matousek, head trader at investment manager U.S. Global …

U.S. stocks finished lower Friday, but after a volatile session that saw the Dow recover about half of the day’s losses and even notch a gain for the week as investors watched cases of COVID-19 climb above 100,000 globally while and oil prices tumbled by the most in five years. …

Bowing to immense pressure amid the spread of COVID-19, the city of Austin canceled the South By Southwest conference late Friday, a week before the event was set to begin. “I have declared a local disaster in the city, and associated with that, I have issued an order that cancels …

Mortgage rates are at record lows — and that’s prompting a wave of refinancing activity as Americans look to take advantage of the savings a cheaper interest rate could bring. Refinance loan volume had jumped to the highest level since June 2013 back in early February, on the heels of …