U.S. stocks wavered Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 was recently up about 0.1%, though still close to bear market territory—market […]
MicroStrategy Inc.’s new chief financial officer on Wednesday said its strategy to buy and hold bitcoin long term won’t change despite the recent selloff in the digital asset, which has dented the value of the […]
The plunging value of bitcoin has hurt investors in cryptocurrency everywhere. The stakes are especially high in El Salvador, the indebted Central American country whose president has spent hundreds of millions of dollars in taxpayer […]
Rising interest rates and inflation are typically a circuit breaker for richly valued utility stocks, but these are unusual times. The sector is the second-best performing one in the U.S. behind energy year to date, […]
U.S. stocks are off to their worst start to a year in more than a half-century. By some measures, they still look expensive. Wall Street often uses the ratio of a company’s share price to […]
U.S. stocks ended higher Friday after a punishing week of losses across major indexes. Traders welcomed a reprieve from the brutal spring selloff that has left virtually no corner of the market unscathed. This week […]
Shock waves from the stock market’s declines are spreading into junk bonds, sending prices tumbling and forcing some companies to cancel new deals. Average prices of U.S. high-yield bonds fell to around 91 cents on […]
Stocks fell Wednesday after fresh data showed that inflation–though easing–remained higher than expected last month, feeding renewed apprehension about the Federal Reserve’s likely response and extending a punishing stretch for equities. The S&P 500 declined […]
Stocks swung between gains and losses Wednesday after fresh data showed inflation eased slightly in April but not as much as economists expected. The S&P 500 rose 0.4% in morning trading. The index snapped a […]
The biggest cryptocurrency exchange in the U.S. said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets. Coinbase Global Inc. COIN -12.60% said Tuesday that it lost […]
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