Employees work inside a Lowe’s store on August 2, 2019 in Los Angeles, California. The market turmoil is not stopping Wall Street analysts from finding buying opportunities for clients. While stocks have plunged to their lowest levels since 2009, analysts said now is the time for investors to bolster their portfolios with stocks getting unfairly punished because of the coronavirus fears. The stocks that turned up through CNBC PRO’s search of research from top analysts include: Toll Brothers, Ana

The Dow Jones Industrial Average and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. It also tumbled deep into correction territory, down more than 10% from a record high, along with the S&P 500 and Nasdaq Composite. The S&P 500, meanwhile, posted declines of more than 2% in three of the five sessions this week. Since World War II, the S&P 500 has had 26 market correction (excluding the one that started this week). D

“We are on the highest level of alert or highest level of risk assessment in terms of spread and in terms of impact,” said Dr. Mike Ryan, executive director of WHO’s health emergencies program. This virus may be on its way and you need to be ready. You have a duty to your citizens, you have a duty to the world to be ready.” Ryan told reporters that containing the virus and interrupting transmission give officials an opportunity to stop the virus. “But what it’s clearly doing as you’ve seen in Ch

“The fighter jet era has passed,” Musk said during a fireside chat with U.S. Air Force Lt. Gen. John Thompson at the Air Warfare Symposium in Orlando, Florida. Musk also said that Lockheed Martin’s F-35 fighter jet, which is the Pentagon’s most expensive weapons system, should have a competitor. “The Joint Strike Fighter, there should be a competitor … that’s a controversial subject but I don’t think it’s good to have one provider,” Musk said. He later elaborated on Twitter that the F-35 compe

Billionaire and Microsoft co-founder Bill Gates said the coronavirus that has killed at least 2,859 people and infected more than 83,700 globally may be the “once-in-a-century pathogen we’ve been worried about.” “I hope it’s not that bad, but we should assume it will be until we know otherwise,” Gates wrote in an article published Friday in The New England Journal of Medicine. Gates and his wife, Melinda, founded The Bill and Melinda Gates Foundation in 2000 to help improve world health and comb

A dog in Hong Kong has tested positive for the COVID-19 virus that’s killed at least 2,859 humans across the world over the last two months, World Health Organization officials said Friday. Hong Kong scientists aren’t sure if the dog is actually infected or if it picked up the virus from a contaminated surface, she said. The dog reportedly belongs to a 60-year-old woman who developed symptoms on Feb. 12 and later tested positive, according to The Wall Street Journal. Hong Kong’s Agriculture, Fis

If you are always exhausted on Friday night, plan for that. Most weeks, we plan that Friday night is frozen pizza and Parmesan broccoli because I have zero energy to cook by then. We often use frozen vegetables, especially in the winter when fresh vegetables are mediocre or out of season. I shop on Saturdays, so most of my Thursday and Friday dinners use frozen vegetables to keep fresh produce from going bad. I can turn a handful of leftover pasta into a delicious frittata or even a leftover por

“The uncertainty this week is all about the virus,” says Charles L. Failla, a New York-based certified financial planner. A market correction happens when there is a 10% decline in stocks from their most recent record high. Why a market correction could actually help youAt first, experts say this correction may cause your 401(k) to suffer. But once the market bounces back, these corrections can be a good thing for investors — and especially “for both younger investors and long-term investors,” s

A potential relaxation of German spending rules is a “false alert,” analysts have told CNBC after reports the country’s finance chief is willing to load up on new debt. Every time German lawmakers raise the prospect of higher spending, market players assess whether there’s any firm possibility that it could actually happen. Olaf Scholz, the German finance chief, is reportedly looking at temporarily suspending the country’s debt rules. However, a spokesperson for the minister told CNBC that this

How a 27-year-old millionaire in the Seattle area spends his moneyTodd Baldwin is a 27-year-old who lives just outside Seattle, WA and brings in $615,000 a year. His day job is in commercial health insurance and earns him $150,000 per year before commission. He owns 6 rental properties with his wife Angela that net $12,500 per month. Here’s where his money philosophy comes from and how he chooses to spend, or not spend it.

Democratic 2020 U.S. presidential candidate Senator Bernie Sanders marches with student supporters to an on-campus polling place for early voting at Winston-Salem State University in Winston-Salem, North Carolina, February 27, 2020. Sen. Bernie Sanders enters Saturday’s South Carolina Democratic primary with an early lead in pledged national delegates as his rivals try to slow his march toward the party’s presidential nomination. The Vermont independent’s blowout victory in the Nevada caucus ear

The Geneva car show that was set to begin next week has been canceled, organizers Palexpo said on Friday, blaming Swiss government heath measures designed to contain coronavirus. Switzerland on Friday banned large events expected to draw more than 1,000 people as an extraordinary measure to curb the new coronavirus epidemic. “We regret this situation, but the health of all participants is our and our exhibitors’ top priority. This is a case of force majeure and a tremendous loss for the manufact

Jim Cramer: People should put their ‘401(k) to work’ during market declineCNBC’s Jim Cramer said on Friday young investors with long-term horizons to retirement should now put money to work in this week’s steep stock market correction.

Fed’s Bullard: Fed might react if virus becomes pandemicCNBC’s Steve Liesman reports on St. Louis Fed President James Bullard’s latest comments on how the central bank should react to the coronavirus outbreak.

We live in a country that really likes to buy things. But even when we can buy what we want without too much financial strain, what we feel afterwards isn’t always positive. You’re excited to buy something but later you think, “Meh. If, on the other hand, you live inside the drama surrounding saving or spending, money has power over you. “If you’re not careful and are wasting money on lots of small wants, you may never be able to afford the things you really desire.”

Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose. The Commerce Department said Friday that consumer spending increased 0.2% last month, down from 0.4% in December and smallest gain since October. Incomes, however, rose 0.6%, the biggest gain in nearly a year, spurred by bigger paychecks and an increase in Social Security benefits stemming from a cost of living adjustment. The additiona

Former Federal Reserve Governor Kevin Warsh said Friday he expects the Fed and other central banks around the world to act soon in response to the coronavirus outbreak. Warsh, occasionally rumored to be a candidate for Fed chairman after Jerome Powell’s term expires, spoke Friday morning to CNBC’s “Squawk Box.” He recommended the Fed act as quickly as Sunday to assuage financial markets that have been in an aggressive swoon all week as the virus has spread. He said the Fed doesn’t have a lot of

The ETF is down 16% for the week, on track for its worst ever weekly decline. However, he does see potential for the group to bounce back after overshooting one critical level — the 200-week moving average at $58. The XTN ETF has fallen below that 200-week moving average in early 2016, mid-2016 and late 2018 before bouncing back above it. The ETF ended Thursday’s session at $55.69, below the 200-week moving average. “If coronavirus is contained, and you have a V-shape recovery, you’re going to h

The World Health Organization on Friday reaffirmed its warning that the fast-spreading coronavirus could soon reach most, “if not all” countries around the world. As of Friday, more than 83,000 cases of the coronavirus had been confirmed worldwide, with infections reported in every continent except Antarctica. The vast majority of those cases has been reported in China, where the epidemic started at the end of last year. China’s National Health Commission said Friday an additional 327 people had

Countries may consider closing their airspaces in the next few weeks if the coronavirus continues to spread across borders, a market strategist told CNBC on Friday. In an interview with “Squawk Box Europe,” Mark Manduca, managing director and associate director of research for EMEA at Citi, compared coronavirus to other “blind corners” in aviation’s history. “There are a couple of instances in history you can look at here that have some sort of resonance. “And believe it or not, the government b