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THE DAY IN PHOTOS: September 14, 2022

ABS-CBN News
Posted at Sep 14 10:57 PM

Here are the day's top stories in photos. Read more »

US stocks tumble amid August inflation report

Justin Lane, EPA-EFE
Posted at Sep 14 03:06 PM

The Dow Jones Industrial Average tumbled 1,276.37 points, or 3.94 percent, its worst day since June 2020, after the August inflation report came in. Read more »

US stocks end with steep declines after hot inflation data

Agence France-Presse
Posted at Sep 14 06:32 AM

The benchmark Dow Jones Industrial Average plunged nearly 1,300 points, a 3.9 percent loss to finish the session at 31,104.97. Read more »

US stocks edge down on virus woes, slowing economy

Echo Wang, Reuters
Posted at Aug 03 09:31 AM

The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the coronavirus and a slowing US economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. Read more »

S&P 500 sets record high, crypto market cap passes $2 trillion

Stephen Culp, Reuters
Posted at Apr 06 07:04 AM

A string of surprisingly robust economic data boosted investor risk appetite on Monday, which sent the S&P 500 and the Dow to all-time closing highs and boosted cryptocurrency market cap over the $2 trillion hurdle.   Read more »

Asian stocks on hold for Lunar New Year, bitcoin eyes record highs

Stanley White and David Henry, Reuters
Posted at Feb 12 02:50 PM

Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show restraint after a global stock market rally pushed many bourses to dizzying heights. Read more »

Asian shares near all-time peak, oil heads to $60 on economic revival hopes

Swati Pandey, Reuters
Posted at Feb 08 11:12 AM

Asian shares hovered near record highs on Monday while oil edged closer to $60 a barrel on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally. Read more »

Asian shares under pressure on rising coronavirus cases

Swati Pandey, Reuters
Posted at Jan 25 09:48 AM

Asian shares were on the defensive on Monday as rising COVID-19 cases and doubts over the ability of vaccine makers to supply the promised doses on time soured risk appetite. Read more »

Asian markets set for messy open after U.S. stocks peak following Biden inauguration

Jessica DiNapoli, Reuters
Posted at Jan 22 09:46 AM

Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S. President Joe Biden. Read more »

Asia shares step back, await China economic update

Reuters
Posted at Jan 18 10:00 AM

SYDNEY - Asian share markets retreated from highs on Monday as disappointing news on U.S. consumer spending tempered risk sentiment ahead of a closely-watched reading on the health of the Chinese economy. Read more »

Asia shares mostly lower amid rising coronavirus cases, Washington turmoil

Chibuike Oguh, Reuters
Posted at Jan 12 09:28 AM

Asian stocks were mostly lower on Tuesday, tracking Wall Street declines as political turmoil in Washington and rising coronavirus cases worldwide weighed on sentiment ahead of the start of the quarterly earnings season. Read more »

Asia shares start new year in upbeat mood, much already priced in

Reuters
Posted at Jan 04 09:14 AM

Asian share markets got the new year off to a solid start on Monday on expectations central banks will keep money super cheap while the rollout of coronavirus vaccines helps slowly revive the global economy. Read more »

Asian shares hit record high as investors bet on recovery next year

Hideyuki Sano, Reuters
Posted at Dec 30 11:40 AM

Asian shares hit a record high on Wednesday as investors bet on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns. Read more »

Wall Street climbs to record as fiscal aid bill signed

Chuck Mikolajczak, Reuters
Posted at Dec 29 09:31 AM

US stocks rallied on Monday, with each of Wall Street's main indexes closing at record levels as President Donald Trump's signing of a long-awaited $2.3 trillion pandemic aid bill increased optimism for an economic recovery. Read more »

Dow hits 30,000 points for first time as US stocks boom

John Biers, Agence France-Presse
Updated as of Nov 25 07:44 AM

The Dow surged past 30,000 points for the first time Tuesday as receding US political uncertainty and hopes for coronavirus vaccines offset worries over spiking COVID-19 cases.  Read more »

Asian stocks at 2-week high as Trump returns to White House

Alun John and Tom Westbrook, Reuters
Posted at Oct 06 12:00 PM

Asian stock markets advanced to a two-week high on Tuesday after U.S. President Donald Trump was discharged from hospital following treatment for COVID-19 and as prospects for a fresh U.S. stimulus package appeared to brighten. Read more »

Asia markets surge as US agrees to blockbuster stimulus package

Agence France-Presse
Updated as of Mar 25 11:57 PM

Asian equities soared again Wednesday after US lawmakers finally agreed a mammoth stimulus package to support the world's top economy against the impact of the coronavirus pandemic. Read more »

Dow falls 8.7 percent as US stocks face another rout

Agence France-Presse
Posted at Mar 12 10:28 PM

Wall Street stocks were deep in the red early Thursday, resuming after a 15-minute suspension as the economic pain from the coronavirus deepens and widens. Read more »

Coronavirus uncertainty sinks Dow into bear market territory

Herbert Lash, Reuters
Posted at Mar 12 07:53 AM

NEW YORK -- The dollar weakened and the Dow Jones industrials entered bear market territory on Wednesday on mounting worries about the global economy after world health officials declared a coronavirus pandemic and Reuters reported a White House gag order on top-level US meetings on the outbreak. Read more »