U.S. stock futures indicated sharp losses for major indexes on Monday, continuing a drop seen from late last week, as concern grows over the fallout from China’s coronavirus, with the death toll and number of infected climbing dramatically from last week. How are benchmarks performing? Dow Jones Industrial Average futuresRead More →
‘I want to make clear that we don’t have any such net bet that the stock market will fall.’ Ray Dalio That’s Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, disputing elements of a Wall Street Journal report on Friday that indicated his fund was putting onRead More →
Uber Technologies Inc. reported another mega-loss on Monday, but its chief executive said there is a light at the end of the profitability tunnel. The ride-hailing service reported a third-quarter loss of $1.16 billion, or 68 cents a share, compared to a $986 million loss in the same quarter aRead More →
Don’t miss these top money and investing features: It’s likely that your stock portfolio will suffer a major downturn during your retirement years — and probably more than once or twice. Don’t panic — prepare. Make sure your stock portfolio is allocated appropriately for your risk tolerance, which means havingRead More →
© Reuters. The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York By Arjun Panchadar (Reuters) – Slack Technologies Inc (N:) forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in itsRead More →
Asian stock markets tumbled in early trading Tuesday, following Wall Street’s worst day of the year as trade tensions between the U.S. and China grew even worse. Japan’s Nikkei NIK, -2.03% sank 1.9%, while South Korea’s Kospi 180721, -0.62% fell 1% and Australia’s S&P/ASX 200 XJO, -2.49% Read More →
© Reuters. Investing.com – Stocks were suffering their worst one-day losses since February 2018 on Monday after China allowed the yuan to sink in apparent retaliation against U.S. threats to impose new tariffs on Chinese goods imported into the United States. The and each tumbled 3.2%. The plunged nearly 4%.Read More →
© Bloomberg. A man looks at his phone as an electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia. Photographer: Brendon Thorne/Bloomberg (Bloomberg) — U.S. stocks fell from all-time highs, Treasuries tumbled and the dollar rallied after a strong jobs report cloudedRead More →
© Reuters. FILE PHOTO: Traders work on the floor at the NYSE in New York (Reuters) – The S&P 500 index hit a record high at the open on Wednesday, boosted by healthcare stocks, as bets of an interest rate cut were spurred by fears of a slowing global economyRead More →
Enjoy Thursday’s muted stock-market bounce, because Scott Minerd of Guggenheim Partners says it won’t last for very long. The chief investment officer and one of the world’s premier bond-fund managers, in a late-Wednesday interview, told MarketWatch that the equity market is likely to stage a mini-rebound in the coming sessionsRead More →
U.S. stock futures tumbled Friday after President Donald Trump made a surprise announcement to impose tariffs on imports from Mexico, and amid reports China may be readying fresh retaliatory moves against the U.S. How are major benchmarks faring? Dow Jones Industrial Average futures YMM19, -0.88% fell 271 points, or 1%,Read More →
A surge in bitcoin prices that took it well above $8,000 appears to be coming to a halt, wotj the world’s No.1 crypto asset running into sudden and sharp selling pressure within the past 24 hours. Bitcoin BTCUSD, +2.56% hit an intraday low of $6,688.78 at 11 p.m. Eastern TimeRead More →
The intensifying Sino-American trade squabble is making for uniquely bad May trading for U.S. stocks, which continue to tumble after the S&P 500 suffered its worst week of 2019. Stocks tumbled Monday, leaving the S&P 500 index SPX, -2.41% off 4.6% in the month to date, and the Dow JonesRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Amy Caren Daniel (Reuters) – Wall Street was set to open sharply lower on Monday after President Donald Trump in a surprising move threatened to hike tariffs on Chinese goods this week, reigniting fears of aRead More →
GW Pharmaceuticals PLC shares were a standout among cannabis stocks Wednesday, after the company reported a strong start for Epidiolex, the first cannabis-based drug to win regulatory approval as a treatment for a severe form of childhood epilepsy. GW Pharma shares GWPH, +13.55% were up 14% in early trade, puttingRead More →
