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Stocks climbed in early trading on Wall Street Tuesday as markets around the world piled on even more big gains following their huge rally a day earlier

20 minutes ago

A woman wearing a face mask walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Tuesday, April 7, 2020. Asian shares are rising, echoing the rally on Wall Street fueled by signs of hope that the coronavirus pandemic could be slowing. (AP Photo/Kin Cheung)

Customers get some breathing room; layoffs keep coming

Companies across every economic sector are suffering and most are withdrawing all financial projections with so much about the pandemic still unknown

24 minutes ago

Customers wear face masks as they line up to enter a supermarket keeping social distancing following the government's measures to help stop the spread of the coronavirus, in Tel Aviv, Israel, Tuesday, April 7, 2020. Israeli Prime Minister Benjamin Netanyahu announced Monday a complete lockdown over the upcoming Passover holiday to control the country's coronavirus outbreak, but offered citizens some hope by saying he expects to lift widespread restrictions after the week-long festival. (AP Photo/Oded Balilty)

Online grocery services struggle to meet spike in demand

A pandemic forcing everyone to stay home could be the perfect moment for online grocery services

1 hour ago

FILE - In this Thursday, March 19, 2020 file photo, people stand in an aisle of empty shelves in a supermarket in London, amid panic-buying due to the coronavirus outbreak. A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they've been struggling to keep up with a surge in orders, highlighting their limited ability to respond to an unprecedented onslaught of demand. After panic buying left store shelves stripped of staples like pasta, canned goods and toilet paper, many shoppers quickly found online grocery delivery slots almost impossible to come by, too. (AP Photo/Kirsty Wigglesworth, File)

Coronavirus economic updates: Markets spike, building off Monday's surge

The health crisis has quickly turned into an economic one.

1 hour ago

New York Stock Exchange on March 19, 2020 at Wall Street in New York City.

Hackers' new target during pandemic: video conference calls

As businesses, schools, churches and others turn to video conference platforms to stay connected amid the global coronavirus pandemic, many have reported being attacked by uninvited guests

1 hour ago

Japan declares state of emergency, ramping up virus battle

Japan’s Prime Minister Shinzo Abe has declared a state of emergency for Tokyo and six other prefectures to ramp up defenses against the spread of the coronavirus

2 hours ago

Japanese Prime Minister Shinzo Abe arrives at his official residence in Tokyo Tuesday, April 7, 2020. Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday to bolster measures to fight the coronavirus outbreak, but that there will be no hard lockdowns. (Yoshitaka Sugawara/Kyodo News via AP)

Japan's PM Abe declares state of emergency in Tokyo, 6 other regions to fortify defenses against coronavirus pandemic.

April 7, 2020, 8:49 AM

Asian shares rise, echoing Wall St optimism on virus battle

Asian shares are rising, echoing the rally on Wall Street fueled by signs of hope that the coronavirus pandemic could be slowing

April 7, 2020, 3:59 AM

In this photo taken from video provided by the New York Stock Exchange, Chief Security Officer Kevin Fitzgibbons rings the opening bell at the NYSE, Monday, April 6, 2020, recognizing Patsy Graham, a registered nurse at North Shore University Hospital Northwell Health, in Manhasset, NY. Stocks jumped in markets around the world Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak may be on the horizon. (New York Stock Exchange via AP)

Businesses wait for word, money after applying for SBA loans

Small business owners hoping for quick loans from the government were in a holding pattern _ waiting on their bank to either take their application or, if it did, send them the money

April 7, 2020, 1:08 AM

FILE - In this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa. Small business owners hoping for quick loans from the government were in a holding pattern Monday, April 6, 2020, waiting on their bank to either take their application or, if it did, send them the money. (AP Photo/Keith Srakocic, File)

After virus fades, service industries may be changed forever

The coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away

April 7, 2020, 12:30 AM

FILE - In this April 4, 2020, file photo, pedestrians pass closed stores on Roosevelt Avenue in the Queens borough of New York. The coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away. (AP Photo/Frank Franklin II, File)

Nations flood economies with aid; airlines fly into storm

Central banks and governments continue to buy time, flooding their economies with trillions in aid

April 6, 2020, 11:05 PM

Japanese Prime Minister Shinzo Abe speaks to reporters at his prime minister's office in Tokyo Monday, April 6, 2020. Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday, April 7, to bolster measures to fight the coronavirus outbreak, but that there will be no hard lockdowns.(Yoshitaka Sugawara/Kyodo News via AP)

Coronavirus patients rush to join studies of Gilead drug

Coronavirus patients around the world are rushing to join studies of an experimental drug that showed promise against some similar viruses in the past

April 6, 2020, 10:36 PM

Work starts in Montana on disputed Canada-US oil pipeline

A Canadian company has started construction on the long-stalled Keystone XL oil sands pipeline despite calls from tribal leaders and environmentalists to delay the $8 billion project amid the coronavirus pandemic

April 6, 2020, 10:25 PM

FILE - In this Oct. 29, 2019 file photo, opponents of the Keystone XL oil pipeline from Canada demonstrate in sub-freezing temperatures in Billings, Mont. Alberta is investing $1.1 billion in the disputed Keystone XL pipeline, a project that Alberta Premier Jason Kenney says is crucial for the province's economy. (AP Photo/Matthew Brown, File)

How major US stock indexes fared Monday

Stocks closed broadly higher on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas

April 6, 2020, 8:40 PM

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

April 6, 2020, 8:25 PM

Coronavirus economic updates: Dow spikes more than 1,600 points

The health crisis has quickly turned into an economic one.

April 6, 2020, 8:16 PM

A Wall St. street sign is framed by U.S. flags flying outside the New York Stock Exchange in New York, Jan. 3, 2020.

Coronavirus exposes vulnerability of NYC museums and museum workers

Former workers speak about layoffs happening at major institutions.

April 6, 2020, 6:57 PM

The Museum of Modern Art stands in New York, March 13, 2020.

Virus puts event planning industry on brink of devastation

The events industry, which exists to bring people together, has been hit particularly hard by fallout from the coronavirus

April 6, 2020, 6:28 PM

Arizona caterer Pat Christofolo, who owns Artisan by Santa Barbara Catering as well as The Farm at South Mountain, pauses at a large garden on property at The Farm has had business drop off due to the coronavirus shown here Wednesday, April 1, 2020, in Phoenix. (AP Photo/Ross D. Franklin)

Federal Reserve to smooth lending to small businesses

The Federal Reserve will provide support to the government’s new small business lending program in its latest attempt to smooth the flow of credit in the virus-stricken U.S. economy

April 6, 2020, 6:17 PM

FILE - In this Nov. 13, 2019, file photo Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington. On Wednesday, Jan. 29, 2020, the Federal Reserve issues a statement and economic projections, followed by a news conference with Fed Chair Jerome Powell. (AP Photo/Jose Luis Magana, File)

Governors plead for food stamp flexibility amid pandemic

There are only a handful of states in the country where food aid recipients can buy groceries online

April 6, 2020, 5:30 PM

Cracks in Europe's shared currency reappear in virus crisis

The virus outbreak is exposing longstanding cracks in the euro, Europe's two-decade old project to share a currency

April 6, 2020, 4:55 PM

A food delivery rider passes by a banner reading ' Stronger together, all together we will make it ', in Milan, Italy, Sunday, April 5, 2020. The government is demanding Italians stay home and not take the leveling off of new coronavirus infections as a sign the emergency is over, following evidence that more and more Italians are relaxing restrictions the west’s first and most extreme nationwide lockdown and production shutdown. (Claudio Furlan/LaPresse via AP)

US 'wasted' months before preparing for coronavirus pandemic

The first alarms sounded in early January that the outbreak of a novel coronavirus in China would ignite a global pandemic

April 6, 2020, 4:47 PM

FILE - In this March 24, 2020, file photo stacks of medical supplies are housed at the Jacob Javits Center that will become a temporary hospital in response to the COVID-19 outbreak in New York. A review of federal purchasing contracts by The Associated Press shows federal agencies waited until mid-March to begin placing bulk orders of N95 respirator masks, mechanical ventilators and other equipment needed by front-line health care workers. (AP Photo/John Minchillo, File)

SeaWorld CEO resigns five months into job, cites board

SeaWorld Entertainment’s chief executive has resigned only five months into his job

April 6, 2020, 3:37 PM

FILE - This Jan. 31, 2017, file photo, shows the entrance to SeaWorld, in Orlando, Fla. SeaWorld Entertainment is furloughing 90% of its workers because the novel coronavirus had forced the company to close its 12 theme parks. The employees will be paid through the beginning of next week. After next week, the workers will be off without pay for an uncertain time, the Orlando-based company said Friday, March 27, 2020, in a Securities and Exchange Commission filing. (AP Photo/John Raoux, File)

Grocery workers are key during the virus. And they're afraid

Grocery workers across the globe are working the frontlines during lockdowns meant to keep the coronavirus from spreading

April 6, 2020, 2:30 PM

Cashiers work in a grocery store in the Bushwick neighborhood of Brooklyn during the COVID-19 pandemic, on April 2, 2020, in New York City.

Court approves Dean Foods asset sale

A bankruptcy court has approved the asset sale of one of the U.S.’s biggest dairy companies, Dean Foods

April 6, 2020, 12:51 PM

US company poised to start COVID-19 vaccine safety test

A second U.S. company is poised to begin a small safety test of a vaccine against the new coronavirus

April 6, 2020, 12:51 PM

This Week: Debt tally, PriceSmart earns, consumer sentiment

The Federal Reserve issues its February tally of U.S. consumer borrowing Tuesday

April 6, 2020, 5:10 AM

Grocery workers are key during the virus. And they're afraid

Grocery workers across the globe are working the frontlines during lockdowns meant to keep the coronavirus from spreading

April 6, 2020, 4:42 AM

Chaos and scrambling in the US oil patch as prices plummet

The global economic crisis caused by coronavirus has devastated the oil industry in the U.S., which pumps more crude than any other country

April 6, 2020, 4:28 AM

Shares rebound on glimmers of progress in battling virus

Asian shares and U.S. futures have rebounded as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas

April 6, 2020, 4:19 AM

A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index in Hong Kong Monday, April 6, 2020. Asian shares and U.S. futures have rebounded as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas.(AP Photo/Vincent Yu)

U.S. 'wasted' months before preparing for virus pandemic

The first alarms sounded in early January that the outbreak of a novel coronavirus in China would ignite a global pandemic

April 6, 2020, 4:02 AM

Boeing to continue production shutdown due to coronavirus

Boeing says it will continue its shutdown of production indefinitely at its Seattle area facilities due to the spread of the coronavirus

April 5, 2020, 10:28 PM

FILE - In this Monday, March 23, 2020, file photo, a worker walks near a mural of a Boeing 747-8 airplane at the company's manufacturing facility in Everett, Wash., north of Seattle. In an email to Washington employees on Sunday, April 5, 2020, the company says due to coronavirus concerns, it is extending a planned two-week shutdown rather than reopening Wednesday, April 8. The decision affects about 30,000 of Boeing's 70,000 employees in the state. Employees are receiving their regular salaries during the two-week shutdown, but will have to transition to vacation or sick leave after that. (AP Photo/Ted S. Warren, File)

Europe sees more signs of hope as Italy's virus curve falls

Europe is seeing further signs of hope in the coronavirus outbreak as Italy’s daily death toll was at its lowest in more than two weeks and its infection curve was finally on a downward slope

April 5, 2020, 7:52 PM

Soldiers patrol in front of the Duomo gothic cathedral in Milan, Italy, Sunday, April 5, 2020. The government is demanding Italians stay home and not take the leveling off of new coronavirus infections as a sign the emergency is over, following evidence that more and more Italians are relaxing restrictions the west’s first and most extreme nationwide lockdown and production shutdown. (Claudio Furlan/LaPresse via AP)

No COVID-19 testing at home yet but quicker options coming

Home testing for the new coronavirus may sound like a good idea, but U.S. regulators say it’s still too risky

April 5, 2020, 2:45 PM

Insider Q&A: 'Everyone will suffer' from US-China spat

Craig Allen, president of the U.S.-China Business Council, worries that “everyone will suffer'' if U.S.-China relations continue to deteriorate

April 5, 2020, 2:30 PM

This undated photo provided by the US-China Business Council in March 2020 shows Craig Allen, president of the U.S.-China Business Council. In a March interview amid the global COVID-19 coronavirus outbreak, Allen said that the United States and China together comprise as much as 40% of the global economy. If U.S.-China relations continue to deteriorate, everyone will suffer. (Kaveh Sardari/USCBC via AP)

Seafood industry struggling to stay afloat amid outbreak

The seafood industry has been upended by the spread of the coronavirus, which has halted restaurant sales and sent fishermen and dealers scrambling for new markets

April 5, 2020, 2:06 PM

In this Wednesday, March 25, 2020, photo a fishing boat unloads its catch including just two greysole at the Portland Fish Exchange in Portland, Maine. The Fish Exchange usually moves 60,000 pounds per week but has seen numbers drop by a third since the coronavirus outbreak. (AP Photo/Robert F. Bukaty)

At funerals in virus outbreak, mourning is from a distance

Funerals are seeing big changes amid the coronavirus outbreak

April 4, 2020, 5:31 PM

In this Friday, April 3, 2020, photo, a tablet livestreams the funeral of J. Robert Coleman in Lexington, S.C. Following CDC guidelines during the coronavirus outbreak, Thompson Funeral Homes asked Coleman's family to invite fewer than 10 people to his service. (AP Photo/Sarah Blake Morgan)

Saudi Arabia sharply rebukes Russia over oil price collapse

Saudi Arabia has sharply criticized Russia over what it described as Moscow blaming the kingdom for the collapse in global energy prices

April 4, 2020, 9:30 AM

Gas USA is selling gas for 97.9 cents a gallon, Monday, March 30, 2020, in Cleveland. Oil started the year above $60 and has plunged on expectations that a weakened economy will burn less fuel. The world is awash in oil, meanwhile, as producers continue to pull more of it out of the ground. (AP Photo/Tony Dejak)

Anick Jesdanun, longtime AP technology writer, dies at 51

Anick Jesdanun, deputy technology editor for The Associated Press, has died in New York City of coronavirus complications

April 4, 2020, 12:04 AM

This April 2, 2017 photo, shows Anick Jesdanun in New York. Jesdanun, 51, deputy technology editor for The Associated Press, died in New York City on Thursday, April 2, 2020, of coronavirus-related complications, his family said. For two decades, he was a journalist who helped a generation of readers understand the emerging internet and its impact on the world. (AP Photo/Mae Anderson)

Walmart limits store access; US airlines sign up for grants

Walmart says it will now allow no more than five customers for each 1,000 square feet at a given time, roughly about 20% of the average store’s capacity

April 4, 2020, 12:04 AM

An operator wearing a face mask to protect himself against the spread of Covid-19 stacks boxes of medical supplies from Chinese charity Jinde Charities at the Italian charity Caritas Ambrosiana logistic center in Burago, in Monza Brianza, northern Italy, Wednesday, April 1, 2020. From tiny San Marino wedged next to two of Italy's hardest-hit provinces in the coronavirus outbreak to more economically powerful nations like Italy, countries are running up against export bans and seizures in the scramble for vital medical supplies. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (Caritas Ambrosiana via AP)

What to know about hazard pay if you're working during coronavirus crisis

Many grocers have announced $2 bonuses for front line workers.

April 3, 2020, 10:36 PM

Small business relief program launches, hits snags

The federal government’s $349 billion relief program for small businesses got off to a rocky start Friday as hundreds of thousands tried to apply for desperately needed loans

April 3, 2020, 10:35 PM

FILE - In this Thursday, April 2, 2020 file photo, Jovita Carranza, administrator of the Small Business Administration, speaks about the coronavirus in the James Brady Press Briefing Room of the White House n Washington, as Vice President Mike Pence, President Donald Trump listen. Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge. Small businesses will be seeking loans from the $349 billion Paycheck Protection Program, which was put in place to help them retain workers and pay bills during the coronavirus pandemic. (AP Photo/Alex Brandon, File)

A bleak US jobs report likely portends even deeper losses

A grim picture of the U.S. job market’s sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that’s brought the economy to a near-standstill

April 3, 2020, 8:51 PM

A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Mich., Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with millions of people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world. (AP Photo/Paul Sancya)

Stocks drop as coronavirus crunches the job market, economy

Stocks fell Friday following the latest grim reading of the coronavirus outbreak's economic toll

April 3, 2020, 8:40 PM

A currency trader checks the temperature of his colleague at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 3, 2020. Asian stocks were mixed Friday after Wall Street gained for the first time in three days on stronger oil prices despite enduring uncertainty about how long the global economic decline due to the coronavirus pandemic will last. (AP Photo/Ahn Young-joon)

How major US stock indexes fared Friday

Stocks closed broadly lower on Wall Street Friday following the latest grim snapshot of the toll the coronavirus is having on the labor market as the economy grinds to a halt

April 3, 2020, 8:39 PM

Tesla, Dave & Buster rise; Chewy, Macquarie fall

Stocks that moved heavily or traded substantially on Friday: Tesla, Dave & Buster rise; Chewy, Macquarie fall

April 3, 2020, 8:22 PM

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

April 3, 2020, 8:19 PM

Coronavirus economic updates: US cuts 701K jobs in March, unemployment rate at 4.4%

The new jobs report show the first impacts of the outbreak on the labor market.

April 3, 2020, 8:18 PM

People queue to enter Payomatic, a business that offers check cashing, as unemployment claim figures were released, during the coronavirus disease (COVID-19) outbreak in Manhattan, New York City, April 2, 2020.

Marvel remakes release calendar; 'Mulan' moves to late July

The Walt Disney Co. has overhauled its release schedule, moving the dates of half a dozen Marvel movies

April 3, 2020, 7:19 PM

This image released by Disney/Marvel Studios' shows Scarlett Johansson in a scene from "Black Widow." The Walt Disney Co. on Friday overhauled its release schedule, moving the dates of half a dozen Marvel movies. “Black Widow,” which had been set to kick off the summer movie season, will now open Nov. 6. (Marvel Studios/Disney via AP)

3M fires back at Trump over order to produce more face masks

Manufacturing giant 3M pushed back Friday against criticism from President Donald Trump over production of face masks that are badly needed by American health care workers

April 3, 2020, 6:52 PM