Stocks fall again as Russia-Ukraine worries sink sentiment
CNN
Wall Street's attempt for a Wednesday rally failed as stocks sank in late afternoon trading due to continued worries about the likelihood of an imminent invasion of Ukraine by Russia.
The Dow was trading down more than 300 points, or 1.1%, in late trading after opening the session higher. The S&P 500 and Nasdaq were down 1.4% and 2.1% respectively. The Dow and Nasdaq are on track for their fifth straight day of losses.
The S&P 500 is now about 12% below its all-time high. That puts the index into correction territory — more than 10% below the recent peak. The Nasdaq is moving closer to bear market status, a 20% pullback from a high. The tech-heavy index is now 19% below its record levels.
The US on Saturday announced it conducted a lethal strike in Syria on an al Qaeda affiliate leader it says had direct ties to an ISIS attacker who killed three Americans in early December.
President Donald Trump has leaned into his presidential clemency powers much more aggressively in his second term –in fact, he’s pardoned one woman twice.
The Pentagon has ordered the military command that oversees new recruits’ enlistment to hold off on initial training for people who are HIV-positive and recently enlisted in the military, CNN has learned, saying that a decision on reinstating a Defense Department ban on their joining the military was “expected in the next few weeks.”
Democrat Abigail Spanberger was sworn into office Saturday as Virginia’s first female governor, amid a cold drizzle outside the state Capitol after centuries of men holding the commonwealth’s top office.
The European Union and the Mercosur bloc of South American countries formally signed a long-sought landmark free trade agreement on Saturday, capping more than a quarter-century of torturous negotiations to strengthen commercial ties in the face of rising protectionism and trade tensions around the world.
Judge restricts federal response to Minnesota protests amid outrage over immigration agents’ tactics
Immigration agents carrying out a sweeping operation in Minnesota can’t deploy certain crowd-control measures against peaceful protesters or arrest them, a federal judge ruled Friday. The order follows widespread outrage over a fatal shooting, reports of US citizens getting detained and Minnesotans getting asked for documents for no clear reason.
Celebrities and laypeople are sharing fond memories from 2016, the era of face “baking” and #ImWithHer, when some of the biggest national dramas pitted Kim Kardashian against Taylor Swift.
The anti-abortion movement is testing new strategies to force a legal confrontation over so-called shield laws in Democratic-led states that protect abortion providers in those states from prosecution.
After pushback from both gun rights and gun control groups, the Trump administration has quietly abandoned its plan to merge the Bureau of Alcohol, Tobacco, Firearms and Explosives into the Drug Enforcement Administration, according to people briefed on the matter.
The smell of wet grass from the recent atmospheric river rains, mud and gasoline wafts through the warm Southern California air as Alec Derpetrossian works the chainsaw with a foreman, Randy Magaña, who helps him guide where to put the blade. Derpetrossian is still learning how to adequately use the large tool.
Franz Rowland has heard President Donald Trump endlessly brag about a roaring economy, but he’s seen few signs of it from his cotton farm here in southern Georgia.
Emergency call logs and reports detailing last week’s fatal shooting of Renee Good by a federal immigration officer reveal a greater sense of the organizational chaos and heightened emotion surrounding her final moments.
The Justice Department is investigating Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey over possible obstruction of federal law enforcement, sources familiar with the matter told CNN.