In a volatile trading session that saw the White House signal intentions to release the largest stimulus package since the great recession of 2008, American stocks made up for yesterday’s losses with major indices rising sharply. The return to gains … Continued
Both the Dow Jones Industrial Average and the Nasdaq have reversed course after a week of losses. The Dow was up 570.50 points to 25,979.86 and the Nasdaq was up 112.96 to 8680.33 near midday trading. The two major bellwethers … Continued
Asian stocks traded mixed as China hit back against the Trump administration’s latest tariffs and tensions ratcheted up between the U.S. and Russia. The yen edged higher, while oil held on to its losses. Shares fell in Japan and South … Continued
In 2018, it pays to be on Square Inc. and received a virtual-currency license in New York, and climbed to another record on Wednesday. Investors have also been optimistic about Twitter’s nascent turnaround. The company’s push to add more live … Continued
Oil is a perfectly normal thing for an institutional investor to invest in. “I think oil prices will go up so I’m gonna buy some oil”: very common thought process. But if you are a hedge fund, or a pension … Continued
I sort of love Just Capital, the nonprofit organization created by Paul Tudor Jones II and Deepak Chopra (!), and championed by Alessandra Stanley at the New York Times, whose aim is to rank public companies on their “justness” (!), and which … Continued
S&P 500 index climbs back from 1.6% drop to close up 1.2% Haven demand faded on optimism U.S., China will negotiate left the door open for a negotiated solution to avoid tariff proposals that wouldn’t take effect for months. Federal … Continued
Europe stocks rise third day; Amazon recovers from Trump tweet Treasury 10-year yields fall below 2.75% after consumer data data showed U.S. consumer spending lagged behind income growth for a second month in February. Volumes were subdued ahead of a … Continued
Stocks in Asia followed their U.S. counterparts higher after the S&P 500 rallied to end a tumultuous quarter on a high note. Volumes are expected to be subdued as most major markets round the world close Friday during the start … Continued
Key event this week is Fed policy meeting on Wednesday Apple screen plans hits Asian tech stocks; dollar steady said to be making a significant investment in the development of next-generation MicroLED screens. Stock benchmarks in Japan dropped more than … Continued