Commodity/Financial Market News
- Market
S&P 500 tests record territory as stocks rise after economic data
U.S. stocks rose modestly Thursday, with the S&P 500 index pushing back into record territory as investors sifted through a…
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Bitcoin just broke below $30,000 for first time since January and ‘it is likely we may see more panic in the market’
Bitcoin, the world’s No. 1 crypto currency, fell to its lowest level since January on Tuesday, extending a price drop…
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U.S. IPO market braces for 17 deals this week, and at least two of them are worth more than $1 billion
The U.S. initial public offering is gearing up for another busy week with 17 deals on tap and at least…
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Amazon is the world’s most valuable brand, but Alibaba and Facebook have better financials
Amazon.com has continued to grow at an excellent pace as it has branched out into new categories of products and…
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Dow jumps over 350 points in attempt to claw back from worst week since October; Nasdaq retakes 14,000
Most stock benchmarks rose Monday morning, picking up steam in early trade, as investors parse the Federal Reserve’s signaling last…
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U.S. Economic Growth Picked Up in May — Chicago Fed
By Maria Martinez U.S. economic activity grew in May, following a small decline in the previous month, the Federal Reserve…
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Dow sinks 400 points on ‘quad witching’ Friday, benchmark on verge of 5th straight loss
U.S. stocks opened sharply lower Friday, with the Dow and S&P 500 index headed for weekly declines, as investors continued…
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16 short-squeeze targets in the stock market, including Canoo, Tootsie Roll and a prison operator
In the world of meme stocks, the most important factor for traders looking for quick gains is probably the concentration…
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Dow poised to skid lower to end Fed week, mark 5th straight drop
U.S. stock futures on Friday were trading mostly lower, with the Dow and S&P 500 headed for weekly declines, as…
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Buy these 6 types of stocks next as Big Tech falters and inflation falls, says Swiss bank UBS.
U.S. stocks are set for a mixed day ahead, following a tumultuous Thursday that saw technology companies help the Nasdaq…
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Asian stocks on the rise early Friday as investors continue to read interest-rate tea leaves
TOKYO (AP) — Asian shares mostly rose Friday, as investors digested the latest message from the U.S. Federal Reserve on…
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ETFs to turn to as Fed sets stock market up for rising interest rates; GameStop heads to IWF
It is time to talk about talking about ETFs. Yes that’s a riff off what Federal Reserve chair, Jerome Powell,…
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Why inflation could create a ‘giant wealth transfer’ from lenders to borrowers
Higher prices for rental cars, airplane tickets and uncooked beef roasts have economists and consumers wondering whether we’re living through…
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Asian stocks follow Wall Street lower amid concern of a Fed turning more hawkish
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off…
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Dow set to edge lower as stock-market investors await Federal Reserve Chairman Jerome Powell’s policy update
U.S. stock index futures were trading flat to slightly lower Wednesday as Wall Street braces for what is widely viewed…
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Opinion: Why a crash in meme stocks AMC and GameStop looks more likely now
Could insider sales of meme stocks signal a coming crash in their share price? The empirical research suggests the answer…
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Asian stocks mixed as investors turn an eye toward Wednesday interest-rate news from U.S. central bank
TOKYO (AP) — Asian shares were mixed in quiet trading Wednesday ahead of a U.S. Federal Reserve meeting that may…
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There’s a new ETF for stock-market FOMO
An exchange-traded fund that offers investors exposure to meme assets, and all the trending investments that social media has to…
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‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert
Want to know where the crypto market goes from here? Barry Silbert, a power player in the digital-asset sector, says…
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Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’
Bitcoin prices on Sunday midday were in free fall anew, with the world’s No.1 crypto spiraling down more than 50%…
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Bitcoin pizza day? Laszlo Hanyecz spent $3.8 billion on pizzas in the summer of 2010 using the novel crypto
It’s Bitcoin Pizza day in the crypto community! About 11 years ago on May 22, Laszlo Hanyecz, one of the…
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ETF Wrap: Bitcoin miner or gold miner? Here’s where Wall Street winners put their bets
Hello, again: In a rumbustious week of trading on Wall Street, one big question that seems to be emerging is…
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Short sellers keep targeting SPACs — even as the sector’s stock prices seem ‘relatively stable’
Investors are actively betting against special-purpose acquisition companies, or SPACs, even as stock prices in the sector appear to have…
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Why companies like crypto platform Coinbase are issuing a torrent of convertible bonds
Companies issued a torrent of convertible bonds since the pandemic hit, even before Coinbase Global Inc. brought out its own…
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Bitcoin Miners Are Giving New Life to Old Fossil-Fuel Power Plants
Across America, older fossil-fuel power plants are shutting down in favor of renewable energy. But some are getting a new…
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Bitcoin, Ether Prices Continue Falling on Regulatory Fears
An electronic board of a cryptocurrency exchange in Seoul on March 15. Photo: yonhap/EPA/Shutterstock Cryptocurrency prices dropped Friday, extending the…
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Bitcoin Price Bounces After Cryptocurrency Crash Shocks Market
The prices of bitcoin, ether and other cryptocurrencies found some respite Thursday, following a frenzied selloff that delivered a sharp…
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Bond trading ‘cartel’ lands Nomura, UBS and UniCredit with €371m fine
A raft of investment banks have been hit with multimillion euro fines after the EU Commission found traders had operated…
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Why China’s digital yuan is ‘largest threat to the West’ in past 30 or 40 years, according to Kyle Bass
Kyle Bass, chief investment officer of Hayman Capital Management, says that the biggest threat to the West is the advent…
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Hear.com, Zenvia Postpone IPOs Because of Choppy Stock Market
Hearing-care services provider Hear.com NV and communication-technology company Zenvia Inc. postponed their initial public offerings due to the choppy stock…
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Libor Replacement Race Heats Up
New contenders are emerging in the race to get rid of the London interbank offered rate by year-end. Bank of…
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20 cybersecurity stocks Wall Street believes can rise up to 79% over the next year
Cybersecurity is more critical than ever, especially in a world already reeling from supply disruptions and bottlenecks caused by the…
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Corn Is the Latest Commodity to Soar
America’s biggest cash crop has rarely been more expensive. Corn prices have risen 50% in 2021 and a bushel costs…
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Square officially puts Jay-Z on board of directors after Tidal deal closes
Square Inc. disclosed late Friday that it has officially added Shawn Carter as a board member of the credit-card payments…
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Convertible-Debt Funds: Are They Good Investments?
Should individual invIstors consider convertible debt? Based on my analysis, the answer appears to be “yes,” at least on a…
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Oil on track for weekly gains as reopening optimism outweighs COVID worries
Oil futures moved up on Friday, on track for weekly gains on growing optimism over the economic reopening in the…
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From Dutch Tulips to Internet Stocks, Bubbles Often Burst
About 300 years ago, financiers in Europe found themselves agog about the financial prospects of novel trading companies granted special…
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A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’
“ ‘Any coins that we hold are for the purposes of sort of providing access in holdings for our customers.…
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Dogecoin’s 12,000% Rally Spurs Hunt for Next Crypto Winner
After bitcoin and dogecoin’s blistering rally this year, individual investors are venturing further out into the cryptocurrency universe in search…
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Fizzy Beer Stocks Are Due for a Bar Fight in China
Beer connoisseurs are living it up again in China—and getting more discerning about their ale. Barflies can celebrate as their…
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Credit Suisse, Morgan Stanley review credit lines to hedge funds, family offices post Archegos
Banks across Wall Street are looking to tighten the lending terms of some of their hedge-fund clients on the heels…
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Novogratz says Galaxy’s $1.2 billion planned BitGo tie-up brings it a step closer to being Goldman Sachs of crypto
Galaxy Digital’s CEO Mike Novogratz says that he aspires to make his financial services firm the Goldman Sachs of the…
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Opinion: The best way to have plenty of money in retirement
If you want a financially comfortable retirement with ample money available, you need to take two basic steps. First, save…
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Lyft, Caesars, Zillow, Dogecoin: What to Watch When the Stock Market Opens Today
Updated May 5, 2021 7:48 am ET Here’s what we’re watching before Wednesday’s trading action kicks off. U.S. stock futures…
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Fed’s Williams Sees Need for Strong Monetary Policy Support to Ensure Recovery
Federal Reserve Bank of New York President John Williams said he doesn’t see signs that the central bank’s aggressive bond…
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Bill and Melinda Gates’s divorce was a predictable market phenomenon and bullish for GameStop — allow us to explain
The end of Bill and Melinda Gates’s marriage is just the first in what will be a slew of billionaire…
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CME Group to Close Most of Its Trading Pits in Chicago Permanently
The exchange operator CME Group Inc. CME 0.32% said it would permanently close most of its open-outcry trading pits in…
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10-year Treasury yield slips for third straight session as equity slide bolsters bonds
U.S. Treasury prices rose Tuesday, pushing yields lower as the slide in equities spurred demand for haven investments. What are…
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Who sparked the tech-stock selloff? Blame the boomers
Treasury Secretary Janet Yellen isn’t the only wealthy baby boomer getting the blame for Tuesday’s tech rout. A subcategory of…
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FTSE 100 outpaces European indexes, lifted by airlines, commodity stocks and manufacturing data
The key British stock market index outpaced its European peers on Tuesday, led higher by travel and commodity stocks, as…
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