It’s like the Wild West with ‘get-rich-quick crowd’ vs. Wall Street pros, but it’s too easy to blame retail investors for ‘rampant speculation’

2020-06-13

Tales of out-of-work 20- and 30-somethings using coronavirus stimulus checks to scoop up stocks on Wall Street with reckless abandon are coming fast and furious, but the reasons behind the recent fervor for investing is, perhaps, far simpler. MarketWatch has written a bit about the rising influence of retail investorsRead More →

Stocks zigzag lower as China virus fears linger

2020-01-24

Stocks were lower early Friday afternoon, after authorities confirmed a second U.S. case of the coronavirus, underlining concerns that the spread of the disease may disrupt travel and trade and slow global economic growth. Still, Investor optimism following quarterly earnings results buoyed shares of companies like Intel Corp. and AmericanRead More →

Oil futures on track to book a second weekly decline

2020-01-17

Oil futures struggled for direction on Friday, seesawing between modest gains and losses, with prices on track to register a loss for a second week in a row. Traders continued to weigh the prospects for energy demand in the wake of the China-U.S. trade deal on Wednesday and Senate approvalRead More →

U.K. gambling operators pressured by credit-card ban

2020-01-14

Shares of U.K. gambling companies slumped Tuesday after a ban on credit-card use was announced. The slump, which hit companies including 888 Holdings 888, -1.51%  , GVC Holdings GVC, +0.17%  , William Hill WMH, -1.08%  and Flutter Entertainment FLTR, -0.02%  , came as the U.K. Gambling Commission announced a banRead More →

Asian markets rise amid lull in global tensions

2020-01-06

Asian markets gained in early trading Tuesday as Middle East tensions remained high, but at least didn’t rise any higher. U.S. Defense Secretary Mark Esper on Monday said U.S. troops are not planning on pulling out of Iraq, despite the release of a draft letter than suggested as much, andRead More →