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STAN CHOE
April 17, 2026, 9:34 pm
Oil prices drop more than 10% and US stocks soar after Iran reopens Strait of Hormuz
Iranian announcement came after Trump-arranged Israeli ceasefire with Hezbollah in Lebanon; US president welcomes move but says US naval blockade to remain in place until a deal is reached
By
STAN CHOE
March 26, 2026, 1:18 am
Hopes for diplomatic end to Iran war give boost to shares, ease price of oil
S&P 500 rises 0.5% and Dow Jones adds 0.7%, while markets climb more than 1% in London, Paris, and Shanghai, after US floats truce to Tehran
By
STAN CHOE
March 9, 2026, 4:56 pm
Stock markets worldwide quake after oil prices briefly spike to almost $120 a barrel
With traffic frozen in Strait of Hormuz amid US-Israeli war with Iran, a barrel of Brent crude hit $119.50 on Monday, its highest price since Russia invaded Ukraine in 2022
By
STAN CHOE
April 21, 2020, 11:34 pm
Oil prices crumble as pandemic upends markets
Global demand plummets with few people flying or driving and factories closed, but producers can’t slow production fast enough, and storage tanks creeping toward their limits
By
STAN CHOE
,
DAMIAN J. TROISE
and
ALEX VEIGA
March 17, 2020, 1:45 am
US stock market tumbles to worst finish since 1987
Fed rate cut fails to stanch bloodletting as Dow plunges 12%, stoking fears virus outbreak may lead to long-term recession
By
STAN CHOE
and
DAMIAN J. TROISE
March 12, 2020, 11:35 pm
Worst day on Wall Street since 1987 as virus fears spread
Sell-off over concerns of recession has now wiped out most of Wall Street’s big gains since Trump took office
By
STAN CHOE
and
ALEX VEIGA
March 11, 2020, 10:57 pm
Dow sinks 1,600 points as fear of virus fallout grips market
Losses accelerate as health authorities declare outbreak a pandemic, bringing US stock market to brink of ending one of its greatest-ever runs
By
STAN CHOE
,
DAMIAN J. TROISE
and
ALEX VEIGA
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