Nasdaq News

Asia's stock markets were hammered on Friday as panic gripping world financial markets deepened and even safe-haven assets such as gold and bonds were ditched to cover losses in the wipeout.

Hideki Matsuyama heard plenty of cheers on the way to matching the course record at the TPC Sawgrass on Thursday, firing an opening round nine-under 63 to grab a two-shot lead at the Players Championship.

Image source: The Motley Fool.

U.S. hospitals, bracing for a surge in demand as more Americans are infected with the novel coronavirus, plan to use tents, conference rooms and cafeterias to house overflow patients.

(RTTNews) - The Singapore stock market has finished lower in two straight sessions, dropping more than 200 points or 6.5 percent in that span. Now at a four-year low, the Straits Times Index now rests just beneath the 2,680-point plateau and it's expected to open lower again on

What happened Almost no stock was spared from the market crash today. Major indexes opened the day deep in the red after President Trump last night imposed a 30-day ban on most travel from Europe, and stocks finished even lower as mass closure of events and activities continued.

Chinese ride-hailing company Didi Chuxing told Reuters on Thursday that it had created a $10 million fund to support drivers and couriers diagnosed with the coronavirus as companies worldwide grapple with how to respond to the pandemic.

International Monetary Fund Managing Director Kristalina Georgieva on Thursday nominated U.S. Treasury official Geoffrey Okamoto as her top deputy, replacing longtime economist David Lipton in the key policy role.

The Australian Formula One Grand Prix was cancelled on Friday due to worries about the coronavirus outbreak, after a McLaren team member tested positive before the first practice session was scheduled to get underway at Albert Park.

Australia's Macquarie Bank on Friday withdrew a capital notes offer due to highly volatile market conditions in recent weeks, a day after National Australia Bank cancelled its raising.

Ocular Therapeutix (OCUL) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.

As trading ended on Thursday in Wall Street's worst day for three decades, shell-shocked investors had no idea how much further the market was likely to fall as the coronavirus pandemic spread fear of a global recession.

2019 was tough for shareholders of oil major Royal Dutch Shell (NYSE: RDS.A) (NYSE: RDS.B). Shares rose just 1.2% for the year, badly lagging the performance of the S&P 500.

Amazon.com Inc on Thursday said it was recommending that employees globally work from home this month if they are able to do so, while warehouses and other facilities stayed operational so packages could keep shipping to customers.

What happened Shares of McCormick (NYSE: MKC) fell more than 10% on Thursday, weighed down by fears the U.S. economy would fall into a recession due to the COVID-19 coronavirus. The spice-and-flavors giant gets a growing portion of its revenue serving restaurants and institution

AT&T Inc said on Thursday it is waiving data overage fees for all home internet users who are not currently on unlimited data plans, citing the coronavirus outbreak, while Comcast Holdings Corp said it was raising data speeds on the internet service it offers low-income people.

France will authorise the use of some of Huawei's [HWT.UL] equipment in the rollout of its 5G network, two sources close to the matter told Reuters, despite U.S. calls to exclude the Chinese telecoms giant from the West's next-generation communications.

Image source: The Motley Fool.

Image source: The Motley Fool.

The Dow posted its worst one-day percentage drop since the 22.6% tumble on Oct. 19, 1987, which is known as Black Monday, and now sits nearly 28% below its all-time high.