Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s had on the stock since he downgraded it on Jan. …
Read More »Brett Arends’s ROI: How America’s extreme ‘survivalists’ are preparing for a worst-case coronavirus epidemic — ‘beans, bullets and Band-Aids’
James Wesley Rawles is hunkered down at an undisclosed location west of the Rockies. “I’m not at liberty to say what state I live in,” he told MarketWatch via internet phone. “I live in the inland Northwest… more than two hours from any decent shopping. We could lock our gate …
Read More »These people are at high-risk of contracting coronavirus
A nursing home near Seattle is suffering an outbreak of coronavirus, highlighting concerns that the elderly are at a heightened risk of contracting the disease. Covid-19, also known as coronavirus, has reached the United States. Two deaths have been reported as of Monday, both in Washington state, including a man …
Read More »The New York Post: Delta, American Airlines will suspend flights to Milan amid coronavirus outbreak
Delta and American Airlines will suspend all U.S. flights to Milan in the wake of an elevated travel warning issued over the spreading coronavirus, the companies announced this weekend. Delta DAL, -4.27% said Sunday that it will halt flights between the U.S. to Italy’s financial capital until early May. …
Read More »Market Snapshot: U.S. stock futures sink, suggesting the worst isn’t over for Wall Street
U.S. stock market futures fell sharply shortly after electronic trading began late Sunday, suggesting further losses when trading begins Monday, following the worst week on Wall Street since 2008. Dow Jones Industrial Average futures YM00, -1.24% fell more than 300 points, and S&P 500 futures ES00, -1.22% and Nasdaq …
Read More »Market Extra: Here are 5 reasons the stock market booked its worst decline since 2008, and only one of them is the coronavirus
The U.S. stock-market rally has unraveled, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -1.39% fell into correction on Thursday, widely defined as a drop of at least 10%, …
Read More »Market Snapshot: What can Fed do to heal a coronavirus-stricken stock market that has seen $4.3 trillion in value vanish over past 7 sessions?
A historic week for the stock market ended with a big, fat question: What will the government and the Federal Reserve do about the coronavirus outbreak that threatens to decimate the longest-running bull market on record? The infectious disease, COVID-19, which reportedly originated in Wuhan, China, late last year, reached …
Read More »The Moneyist: I’m 71 and I’ve been married for 27 years. She wants me to pay for everything and bend to her will. Am I too old to bite the bullet — and ask my wife for a divorce?
Dear Moneyist, I am 71 and have been married for 27 years. My wife is 65. We hooked up one night and later on in the dating cycle when sex was imminent I asked if we needed to use birth control. She said it wasn’t needed as she was infertile …
Read More »The Tell: Stock-market expert says what many are thinking as Dow sheds 3,600 points in a week: ‘This market is not normal’
The breadth and intensity of this week’s coronavirus-fueled selloff in U.S. stocks has some analysts scratching their heads. Thomas Lee, founder of Fundstrat Global Advisors, may be one of the few to acknowledge that something isn’t right with a market that was just enjoying a record close days ago. “This …
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