Cars Keep Getting Better. That Makes Disruption Harder.

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On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his … Continued

BlackRock’s $1.3 Billion Gold Fund Feels Pain of Miners

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This year hasn’t been kind to precious-metal stock pickers at the world’s biggest asset manager, but their luck may be about to turn. The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since … Continued

U.S. Stocks Drop as Treasury Selloff Gains Steam: Markets Wrap

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U.S. stocks and Treasuries fell in tandem Thursday ahead of a slew of technology earnings, as the threat of higher rates from the Federal Reserve continued to rattle equity markets coming off their best month since March 2016. The Nasdaq … Continued

Asia Stocks Slide; Rising Yields Spur BOJ to Act: Markets Wrap

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Asian shares dipped, with technology stocks leading declines after some disappointment with U.S. corporate earnings. Rising pressure on bond yields round the world stirred the Bank of Japan into action to keep rates from getting out of whack with policy … Continued

Asia Stocks Head for Fresh Record High, Oil Climbs: Markets Wrap

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Asian stocks extended the strong start to the year, heading for fresh all-time highs, as investors turn with optimism toward the earnings season after the U.S. government shutdown moved toward an end. Oil extended gains towards $64 a barrel. Equities in … Continued