Both main oil contracts tumble more than 1% after salvage teams free cargo vessel; Asian markets follow Wall Street record as part of strong global rebound

Financial analysts split on whether US president's refusal to concede will affect transition of power and whether Biden's experience means he'll enter office well prepared anyway

Worldwide, the virus has infected more than 5.5 million people and killed over 348,000; India and Brazil seeing surge in infections

Fed rate cut fails to stanch bloodletting as Dow plunges 12%, stoking fears virus outbreak may lead to long-term recession

Tel Aviv 35 drops 8%, Tel Aviv 125 nearly as much; falls in keeping with drops around the globe as central banks struggle to respond to collapse in trade

Sell-off over concerns of recession has now wiped out most of Wall Street’s big gains since Trump took office

Losses accelerate as health authorities declare outbreak a pandemic, bringing US stock market to brink of ending one of its greatest-ever runs

Global financial markets rocked as virus outbreak shuts down industrial centers, empties shops, slashes travel worldwide; US investors look to Federal Reserve for succor

Tech giant now world's most valuable company, beating out Apple and Amazon; growth spurred by cloud computing and business services