Photo of a trader working on the floor of the New York Stock Exchange

US Stocks Tumble Amid Global Sell-Off; Dow Falls 430

NEW YORK — U.S. stocks tumbled following a sell-off in markets in Europe and Japan Monday after China announced a sharp rise in cases of a deadly new virus that threatens to crimp global economic growth. The Dow Jones Industrial Average and S&P 500 each...
Photo of Jerome Powell

Fed Cuts Key Rate in Its First Reduction in More Than Decade

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The...