Stocks Slide on Worries That Growth Has Already Peaked
U.S. stock prices and bond yields tumbled Thursday as doubts grew about the global economy’s ability to keep expanding rapidly.
U.S. stock prices and bond yields tumbled Thursday as doubts grew about the global economy’s ability to keep expanding rapidly.
The supreme antiwoke meme trade rocketed to the moon on Wednesday.
Georgia Sen. Jon Ossoff’s (D) financial disclosers show he holds millions in Apple stock after he publicly criticized the company for profiting off “abusive” practices, according to a report.
Tech giants, which had soared during the past year of lockdowns, took some of the biggest losses.
Reuters reported Wednesday that “major Chinese investors” are in talks to buy a stake in Saudi Aramco, the national oil company of Saudi Arabia.
Stocks fell on the news that Biden plans to nearly double the tax on capital gains for wealthier Americans.
More financial problems for House Democrats are piling up as Democrat Congressional Campaign Committee (DCCC) chairman Rep. Sean Patrick Maloney (D-NY) failed to report a series of stock trades he made on time, a potential violation of federal law.
Rep. Tom Malinowski (D-NJ), who campaigned on “reforms to limit the role of money in politics,” failed to publicly disclose dozens of personal stock trades in violation of the federal STOCK Act, according to a report.
The Dow Jones Industrial Average fell nearly 560 points, a 1.75 percent decline. The S&P 500 sank 2.45 percent. The Nasdaq Composite dropped 3.52 percent.
Shares of GameStop surged in the final hour of trading, rising nearly 104 percent to $91.70. Nearly all of those gains came in the final hour of trading when share prices moved up so quickly that they triggered a trading halt on the New York Stock Exchange.
The man at the center of the GameStop mania, Keith Gill, is set to testify to Congress on Thursday. He will explain why he’s bullish on GameStop and still thinks it is undervalued.
Shares of GameStop and other “meme stocks” plunged sharply on Tuesday morning.
The surge in trading around GameStop has created a need for the company to provide more collateral to trading partners
The little guys won this week in their epic battle against hedge funds and the Wall Street establishment.
He’s a 34-year old financial advisor from Massachusetts.
“E*Trade blocked us too,” one Twitter user lamented.
The mobile apps for major brokerages suffered outages on Wednesday.
The deplorables of the stock market are driving Wall Street crazy.
Share of GameStop leveled up again Tuesday, rising more than 90% to a record high of $147.98. The meteoric rise of the video game company has been fueled by enthusiasm for the shares by day traders and denizens of a
The company says it has no idea why its shares are surging.
Big tech, digital media, automakers, and home builders rise while financials decline on inauguration day.
The major indexes closed at all-time highs on Friday and show solid gains for the new year.
Nasdaq, Dow, and S&P 500 all hit new records Thursday.
Investors sold off a broad range of stocks to begin 2021.
The vaccine rally powered stocks higher on Tuesday.
Shares of airlines and cruise companies among the biggest gainers.
Bank stocks lead the market higher.
Investor confidence in the global recovery has been shaken by rising infections.
The September sell-off enters a fourth week.
A big sell-off in the hotest stocks of the reopening highlights doubts about where the economy is heading going into the 2020 election.
Investors think the U.S. economy will withstand the ongoing pressures of the pandemic.
The Dow had its best quarter since 1987.
The reopening rally came crashing down on Friday as infections rose across the country and new restrictions were imposed.
U.S. stocks dropped 2.6 percent on Wednesday as fears that rising infections could hurt the economy took hold.
The worst sell-off since the coronavirus panic of March.
The longest expansion on record ended in February, the NBER said on Monday. On the same day, the Nasdaq hit a new record high.
The easing of lockdowns and quelling of riots boosted investor confidence on Wednesday.
Shares of retailers like Macy’s, Kohl’s, and the Gap rose sharply as investors cheered evidence that the economy is recovering.
Travel stocks got a big boost Monday as hopes for a coronavirus vaccine were sparked when Moderna said its phase 1 trial was seeing positive results.
Trump’s remarks came after a billionaire former George Soros protege said the ‘risk-reward’ for stocks now is “as bad as I’ve ever seen it.”