Stock Markets
Equities lost some ground this week due to the continued rise of Treasury bond yields. The 10-year Treasury yield in particular is attracting investors’ attention as it approaches 5%, a rate last seen in 2007. All major indexes are down for the week. The Dow Jones Industrial Average...
Volvo shares rose by 22% on their Stockholm market debut last Friday, with the Swedish brand going public due to increased investor demand for EV manufacturers. Volvo CEO Håkan Samuelsson believed the listing was a key part of Volvo's electric transition, stating the...
Stocks fell on Wednesday as the corporate earnings season rolled on with companies like CSX and Bank of America releasing their quarterly numbers.
The Dow Jones Industrial Average dropped 115.7 points, or 0.42%. The S&P 500 slid 0.65% to...
The world’s largest cryptocurrency, bitcoin (BTC), has risen 25% in the last month, with most of these gains accumulating during U.S. trading hours, crypto services provider Matrixport said in a note on Wednesday.
“This is a significant development and shows that U.S. institutions and U.S. investors are embracing the news...
Apple CEO Tim Cook said he personally owns cryptocurrency after he was asked at The New York Times DealBook conference if he owns bitcoin or ethereum.
“I do. I think it’s reasonable to own it as part of a...
Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks.
Shares of the company jumped 6.5% in extended trading. The coffee chain’s stock, which has a...
U.S. money market funds received a big influx of capital in the seven days to Nov. 1, driven by investor caution ahead of the Federal Reserve's policy decision and the Treasury Department's announcement on its expected funding needs.
According to LSEG data, U.S. money market funds accumulated inflows amounting to...
U.S. stock futures were flat in overnight trading after the major averages pulled back, albeit close to records, on Wednesday.
Dow futures fell just 20 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures rose 0.14%.
In investing, everyone wants big rewards with low risk. Blue chip stocks seek to offer that powerful combination through the companies that have established themselves as the leaders of some of the most profitable industries in the global economy. Because of their...
Asia-Pacific markets fell on Friday amid a downbeat tone set by U.S. markets overnight, while South Korea’s benchmark index outpaced regional peers for the week.
The U.S. benchmark S&P 500 index ended an eight-day winning streak as Treasury yields spiked and Federal Reserve Chair Jerome Powell signaled more work may be needed to bring down inflation.
South...
