Stocks fall again as banks drop and oil prices rise
CNN
March is looking a lot like January and February on Wall Street. That's not good news for investors.
The Dow fell more than 650 points, or 2%, in midday trading Tuesday, one day after stocks capped off their second straight month of declines to start the year. The Nasdaq and S&P 500 were also lower, although more modestly, falling 1.4% and 1.6% respectively.
Rising oil prices, which spiked 10% Tuesday to above $105 a barrel for the first time in more than seven years, are hurting sentiment. So is the rapid drop in long-term bond yields. The 10-year Treasury rate fell to about 1.7%, the lowest level since early January.
The storied White House East Room has welcomed politicians, foreign dignitaries, war heroes, celebrities and elite athletes, but on Wednesday, it was the setting for an extremely robotic speech introducing first lady Melania Trump.
Amid the constant barrage of President Donald Trump’s often-unpopular actions, it can be easy to lose sight of what probably matters most politically: the sputtering economy.
An Air Canada regional jet landing at one of the country’s busiest and most prominent airports slammed into a firetruck at more than 100 miles per hour on Sunday, leaving federal investigators and frightened passengers questioning what could have gone wrong.
The former assistant attorney general for civil rights under President Joe Biden, Kristen Clarke, is joining the National Association for the Advancement of Color People (NAACP) as general counsel, according to the organization.
Approximately 1,000 US soldiers with the Army’s 82nd Airborne Division are expecting to deploy in coming days to the Middle East, according to two sources familiar with the matter, adding to the growing military firepower in the region as the Trump administration says it is in talks with Iran to end the conflict.
CNN’s 5 Things AM brings you the news you need to know every morning.
When the historic East Wing of the White House was suddenly demolished to make way for President Donald Trump’s new ballroom construction last year, another piece of history was taken down with it.
The high-profile deployment of Immigration and Customs Enforcement agents to airports has renewed support on the right and fear on the left about the possibility of ICE going to the polls in November.
The House Oversight Committee released videos Tuesday of closed-door depositions with two men in Jeffrey Epstein’s inner circle as part of its probe into the late convicted sex offender.
The House Intelligence Committee voted Tuesday to give federal prosecutors classified records related to John Brennan, according to a committee spokesperson, signaling the Justice Department’s investigation into the former CIA director may be heading towards possible charges.
North Carolina State Senate leader Phil Berger on Tuesday conceded his primary race to Rockingham County Sheriff Sam Page, a political earthquake that took down arguably the most powerful politician in a pivotal swing state.
It’s looking like the Department of Homeland Security shutdown could soon be over. The two sides seem to have made serious progress, and President Donald Trump hasn’t rejected anything, even if he’s a little sour. But it’s likely the resolution will disappoint many Democrats.
California Gov. Gavin Newsom said that he regretted using the word “apartheid” to describe the Israeli government’s treatment of Palestinians, though he warned “that’s a word you may hear others use” if Prime Minister Benjamin Netanyahu pushes for territorial gains.