News | United States

Dow closes with 7.8% drop, largest since 2008 on oil slump and coronavirus fears

Stocks are cratering as markets close on Monday, with the Dow down close to 7 percent in the largest single-day drop in NYSE history and the S&P and Nasdaq not far behind. Coronavirus and a drop in oil prices are to blame.

March 09, 2020

Elizabeth Warren Drops Out of Presidential Race

Liberal Massachusetts senator is ending her run for Democratic nomination after a weak showing on Super Tuesday

March 05, 2020

Sen. Elizabeth Warren addressed a campaign rally in Cedar Rapids, Iowa, on Jan. 26. PHOTO: SCOTT OLSON/GETTY IMAGES

March 05, 2020

Roberts slams Schumer for 'dangerous' rhetoric against justices

The chief justice rebuked the Senate minority leader for saying Gorsuch and Kavanaugh ‘will pay the price’ if they cut back abortion rights.

March 05, 2020

Supreme Court Chief Justice John Roberts. | Mario Tama/Getty Images

March 03, 2020

Delayed U.S. response to coronavirus could have serious consequences, health experts say

More than 100 cases confirmed across the U.S., with current death toll at 6

March 03, 2020

The Trump administration has come under fire for what some consider a slow response to the crisis. In particular, critics have zeroed in on delays in testing people suspected of being infected with the coronavirus. (Evan Vucci/Associated Press&

March 03, 2020

Pence On Coronavirus: 'Risk Remains Low,' Says Treatments On The Horizon

Trump said he hopes the Federal Reserve considers stimulus measures to bolster the economy, which has taken a hit due to the epidemic.

March 03, 2020

President Donald Trump and Vice President Mike Pence, left, attend a meeting with pharmaceutical executives on the coronavirus in the Cabinet Room of the White House on Monday. Andrew Harnik/AP

March 01, 2020

Coronavirus: Trump's mixed messages 'undermines public trust', experts say

The president has repeatedly downplayed the issue but health officials have warned of the seriousness of the outbreak

March 01, 2020

Trump with Mike Pence at the White House. Experts warn that conflicting statements could complicate public health officials’ response to the crisis. Photograph: Carolyn Kaster/AP

March 01, 2020

South Carolina primary: Who are the winners and losers?

On Saturday, South Carolina became the fourth US state to join the race to find a Democrat to take on Republican Donald Trump in November's general election. Who were the big winners and losers?

March 01, 2020

February 29, 2020

Biden romps to victory in South Carolina

Former US vice-president Joe Biden has been handed a huge boost in the race to challenge Donald Trump in November's election.

February 29, 2020

Getty Images / Joe Biden proclaimed that his campaign was 'very much alive' after beating Bernie Sanders soundly in South Carolina

February 26, 2020

Rivals Focus on Sanders at South Carolina Debate

Bernie Sanders bore the brunt of the attacks during a cacophonous Democratic presidential debate that highlighted his rivals’ anxiety over a self-described democratic socialist possibly facing President Trump in November.

February 26, 2020

Candidates questioned whether Bernie Sanders could beat President Trump in a general election during the Democratic presidential debate in South Carolina. Photo: Win McNamee/Getty Images

February 23, 2020

Unstoppable? Bernie Sanders heads into South Carolina stronger than ever

After winning Nevada, the senator from Vermont is riding a wave of votes, delegates and momentum into the next contest.

February 23, 2020

Sen. Bernie Sanders, I-Vt., speaks at a campaign rally in San Antonio on Saturday, Feb. 22, 2020, after winning the Nevada Democratic presidential caucuses.Drew Angerer / Getty Images

February 23, 2020

It's not just bros: Sanders wins with a diverse coalition

Analysis: The Vermont senator's victory in Nevada should strike fear in the hearts of his rivals and critics, with his electorate reflecting a cross-section of the party.

February 23, 2020

Sen. Bernie Sanders, I-Vt., signs autographs for Latino supporters at a campaign event at Valley High School in Santa Ana, Calif., on Feb. 21, 2020.Damian Dovarganes / AP

February 22, 2020

Bernie Sanders Wins Nevada Democratic Caucuses

The situation was reminiscent of the Iowa caucus on Feb. 3, when both Buttigieg and Sanders declared victory based on internal data. That result is still in dispute.

February 22, 2020

Sen. Bernie Sanders holds hands with his wife, Jane, during a campaign event in San Antonio, Texas, on Saturday. (Eric Gay/AP)

February 21, 2020

Reports: Intelligence official warned lawmakers that Russia was interfering in 2020 to help Trump

Russia interfered in the 2016 election in an attempt to boost Trump to victory. The interference led to Special Counsel Robert Mueller's investigation.

February 21, 2020

A Donald Trump rally in New Hampshire. Photograph: Greg E Mathieson Sr/MAI/REX/Shutterstock

February 19, 2020

Elizabeth Warren picks Michael Bloomberg apart over sexual harassment allegations at his media company

Elizabeth Warren slammed Michael Bloomberg over the former mayor's use of non-disclosure agreements at the Democratic debate.

February 19, 2020

Sen. Elizabeth Warren sharply criticized Michael Bloomberg for his company making women who alleged abuse sign non-disclosure agreements. Mario Tama/Getty Images

February 18, 2020

Trump announces a blitz of pardons and commutations

Those pardoned include former Illinois Gov. Rod Blagojevich, ex-New York police commissioner Bernie Kerik and financier Michael Milken.

February 18, 2020

Trump announces a blitz of pardons and commutations

February 17, 2020

More than 1,100 former DOJ officials accuse Trump of behaving like autocrat over Roger Stone sentencing

'Governments that use the enormous power of law enforcement to punish their enemies and reward their allies are not constitutional republics; they are autocracies'

February 17, 2020

More than 1,100 former DOJ officials accuse Trump of behaving like autocrat over Roger Stone sentencing

February 14, 2020

Trump fires back at attorney general's criticism

US President Donald Trump has tweeted he has "the legal right" to intervene in criminal cases after his attorney general complained White House tweets were making his job "impossible".

February 14, 2020

REUTERS / William Barr, right, has been seen as an ally of Donald Trump

February 14, 2020

Barr blasts Trump's tweets: 'Impossible for me to do my job': ABC News Exclusive

The AG spoke with ABC News Chief Justice Correspondent Pierre Thomas.

February 14, 2020

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United States

Dow closes with 7.8% drop, largest since 2008 on oil slump and coronavirus fears

Trump appoints new chief of staff, sends Mulvaney to Northern Ireland

Coronavirus updates: Worldwide cases surpass 100,000, cruise awaits test results, Trump cancels CDC visit

More Stories

Elizabeth Warren Drops Out of Presidential Race

Roberts slams Schumer for 'dangerous' rhetoric against justices

Delayed U.S. response to coronavirus could have serious consequences, health experts say

Pence On Coronavirus: 'Risk Remains Low,' Says Treatments On The Horizon

Coronavirus: Trump's mixed messages 'undermines public trust', experts say

South Carolina primary: Who are the winners and losers?

Biden romps to victory in South Carolina

Rivals Focus on Sanders at South Carolina Debate

Unstoppable? Bernie Sanders heads into South Carolina stronger than ever

It's not just bros: Sanders wins with a diverse coalition

Bernie Sanders Wins Nevada Democratic Caucuses

Reports: Intelligence official warned lawmakers that Russia was interfering in 2020 to help Trump

Elizabeth Warren picks Michael Bloomberg apart over sexual harassment allegations at his media company

Trump announces a blitz of pardons and commutations

More than 1,100 former DOJ officials accuse Trump of behaving like autocrat over Roger Stone sentencing

Trump fires back at attorney general's criticism

Barr blasts Trump's tweets: 'Impossible for me to do my job': ABC News Exclusive