AP Top Stories May 21 A

Here’s the latest for Thursday, May 21st: Dow says old chemicals not escaping during Michigan floods; Trump threatens federal funds for two states; Virus-stricken aircraft carrier returns to sea; Two US astronauts in Florida, preparing for launch.

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NYSE closing bell; Dow, S&P 500 end higher, Nasdaq down | AFP

The closing bell rings at the New York Stock Exchange. The Dow Jones Industrial Average, which has been falling steadily in recent weeks, finished up 2.4 percent at 21,200.55 points. IMAGES

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Closing bell rings at the NYSE, Dow sinks 3.0% | AFP

Closing bell rings at the New York Stock Exchange as stocks finish another rocky session amid partisan squabbling over a giant stimulus package as the Federal Reserve announced new emergency measures. The Dow Jones Industrial Average sank 3.0 percent, or nearly 600 points, to 18,591.93. IMAGES

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What 0% Interest Rate Really Means

When the Federal Reserve cuts interest rates, the stock market tends to rise. However, when the Fed cut rates to 0% on Sunday, March 14, Dow futures plummeted and trading was halted. Why didn’t it go up, and what does a 0% interest rate mean?

MORE BUSINESS INSIDER:
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What 0% Interest Rate Really Means

US stocks finish volatile session higher as NYSE rings closing bell | AFP

US stocks rise as markets weigh massive government stimulus efforts against early indicators of what is expected to be a deep and painful economic downturn. Wall Street equities finish a volatile session higher, with the Dow finishing up one percent. IMAGES of New York Stock Exchange closing bell

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NYSE closing bell, Dow ends session 12.9% down as virus slams economy | AFP

The closing bell rings at an empty New York Stock Exchange. The Dow Jones Industrial Average plunged to 12.9 percent, or nearly 3,000 points, at 20,188.52 at the end of trading. Wall Street stocks had their worst day since 1987, joining the global market carnage as the coronavirus outbreak shut down a widening part of the US and global economy. IMAGES

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Markets in free fall over virus fears | AFP

The Dow plunges ten percent – its worst session since 1987, with Asian markets opening sharply down on Friday. It comes as emergency measures by central banks have failed to stem recession fears due to the coronavirus.

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Dow ends down 1.3% to finish worst week since October 2008 | AFP

Wall Street stocks suffered another weak session Friday to conclude the worst week since the 2008 Financial Crisis on worries the coronavirus will derail global economic growth. At the closing bell, the Dow Jones Industrial Average stood at 25,423,87, down 1.3 percent, but about 725 points above its session lows. IMAGES

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AP Top Stories February 27th P

WHO cautions on coronavirus readiness; Pope Francis ill; hearse and corpse recovered after chase; Dow tumbles again. (Feb. 27)

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How Democrats Can Take Back Michigan in 2020

Both nights of the Democratic debates in Detroit posed a fundamental question for the Democratic Party: How far left is too far left to beat President Trump? That’s especially relevant in the upper Midwest, where Trump managed to flip Wisconsin, Ohio, and Michigan in 2016.

Congressman Dan Kildee understands how to win in a red state. The Democrat represents nearby Flint, Michigan — a Democratic stronghold that Trump chipped away at in 2016, winning 42.59% of the vote versus Mitt Romney’s 35.24% in Genesee County. The water crisis made national news and hit residents of all races. In the past few months, the town has become a must-stop for presidential candidates like Sen. Kristen Gillibrand, Sen. Cory Booker, and former Rep. Beto O’Rourke, who have all made visits in just the past few weeks.

Kildee came to Detroit to hear which of them has a plan that might galvanize voters in Flint and across Michigan. He told VICE News ahead of the Wednesday evening debate that candidates need to speak directly to voters’ anxieties.

“I think there’s a misperception about what’s happening in the economy. You know, we hear all this stuff about the economy is great, unemployment’s low, the Dow is at whatever. People are still afraid. They’re nervous about the job they might have now, but they don’t think they make enough money to support their families,” he said.

Kildee bluntly assessed that Michiganders “can see through bullshit really easily.”
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Markets trade lower after Fed rate cut

The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter economic threats. The Dow closed down more than 300 points. (July 31)

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AP Top Stories December 26 P

Here’s the latest for Wednesday, Dec. 26th: Trump travels to Iraq; Immigration authorities face heat for medical care of children; The government shutdown drags on; Dow surges by more than 1,000 points.

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Dow falls over 800 points, worst drop in 8 months

(10 Oct 2018) The Dow plunged more than 800 points Wednesday, its worst drop in eight months. Rising bond yields have been drawing investors out of the stock market. The best-performing stocks over the past year took some of the biggest losses. (Oct. 10)

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Trader: Dow 665-Point Swing “Normal Behavior”

Stocks ended their worst week in two years Friday, with the Dow dropping 665 points or 2.5 percent, its largest decline since June 2016. (Feb. 2)

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Keiser Report: Credit Freeze (E1128)

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Max & Stacy ask what happens when a nation of consumers goes into cold state credit freeze? And is Warren Buffett’s Dow 1,000,000 possible in such a state? Max interviews Charles ‘Chuck’ Johnson of GotNews.com about how his operation managed to take down the billions-of-dollars establishment candidates and media empires in this latest US election series. He also reveals who his deep political sources claim is the source of funding for the Steele dossier.

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