Laurel man arrested in connection to illegal Super Bowl car rally in Philadelphia
LAUREL, MD — A 19-year-old Maryland man was arrested Thursday following a multi-agency investigation linking him to an illegal car rally held in Philadelphia during Super Bowl LVIII celebrations, authorities announced. Yariel…
Wall St opens lower as rate-cut rally fizzles; FedEx slides
(Reuters) – Wall Street’s main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve’s likely pivot to a dovish policy, while…
Shipping stocks extend rally as Red Sea traffic paused
MILAN (Reuters) -Shipping stocks kept rising across Europe on Monday after A.P. Moller-Maersk and other top freight firms paused journeys through the Suez Canal following attacks on vessels in the Red Sea…
Marketmind: Rally fades, Bank of Japan looms into view
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the last full trading week of 2023 on Monday, with the U.S. Federal Reserve-fueled surge…
US equity funds rebound with net inflows amid market rally
(Reuters) – U.S. equity funds attracted net inflows in the week through Dec. 13 amid a rally on Wall Street despite caution ahead of the Federal Reserve’s upcoming monetary policy announcement. Investors…
Bank stocks rally to pre-crisis levels after Fed meeting
By Sinéad Carew (Reuters) – Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest…
Year-end rally in US stocks faces twin tests as Fed, inflation data loom
By Lewis Krauskopf NEW YORK (Reuters) – The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should test a stock market rally that some…
Analysis-After blistering rally, some investors say Treasuries have bounced too quickly
By David Randall (Reuters) – Expectations that the Federal Reserve will ease monetary policy in the early months of 2024 are fueling a searing year-end rebound in U.S. government bonds. Some investors…
Italy, Spain stocks hit peaks after over 20% rally in 2023
By Matteo Allievi and Danilo Masoni GDANSK/MILAN (Reuters) – Italian and Spanish stocks hit multi-year highs on Thursday following a rally of over 20% so far this year that has placed them…
Birkenstock shares extend rally, hit IPO price for first time
By Chibuike Oguh NEW YORK (Reuters) – Shares of German sandal maker Birkenstock extended their gains on Wednesday, hitting the initial public offering price for the first time, following a buoyant holiday…
Affirm extends rally on Cyber Monday boost as BNPL lending surges
By Medha Singh, Chibuike Oguh and Hannah Lang (Reuters) -Shares of “buy now, pay later” provider Affirm Holdings extended a rally on Tuesday following a rating upgrade and data showing that more…
EXCLUSIVE: GOP Rep Demands Air Force Justify Threatening Troops’ Careers For Attending Conservative Rally
EXCLUSIVE: GOP Rep Demands Air Force Justify Threatening Troops’ Careers For Attending Conservative Rally Micaela Burrow on November 27, 2023 Republican Rep. Jim Banks of Indiana is pressuring the Air Force to…
Broadening of U.S. stock rally feeds investor optimism
By Lewis Krauskopf, David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) – Signs the U.S. stock market rally is broadening from the so-called Magnificent Seven of mega-cap growth and technology companies…
Marketmind: Nvidia takes the stage as equity rally pauses
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, markets correspondent. A rally in stocks took a breather ahead of Wednesday’s session in Asia…
Marketmind: Risk rally rages on
A look at the day ahead in European and global markets from Ankur Banerjee Buoyed by a tech-fuelled rally on Wall Street, risk assets in Asia charged higher on rising expectations the…
Hefty options ‘disaster hedges’ draw buyers as US stocks extend rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A string of hefty bets on a doubling of Wall Street’s best known volatility index is raising eyebrows in the U.S. equity options markets,…
Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation numbers sparked…
US bond rally points to more affordable housing market
By Amina Niasse NEW YORK (Reuters) – Growing confidence that U.S. bond yields have hit their peak and could head lower from here looks set to make the housing market more affordable…
Investors wary of lingering Treasury volatility as US stocks rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A still-jittery bond market is clouding the outlook for a rally in U.S. stocks, analysts tracking measures of market volatility said. Stocks and bonds…
‘They’re Not Watchable’: Trump Rips GOP Debate During Rally
‘They’re Not Watchable’: Trump Rips GOP Debate During Rally Harold Hutchison on November 8, 2023 Former President Donald Trump criticized the third Republican presidential debate Wednesday, calling it “not watchable” during a…
Investors spurn options hedges as U.S. stock rally crushes fear
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear has plunged in the U.S. equity market following last week’s explosive rally, and some options mavens are urging clients to stock up on…
Former New Jersey Governor Chris Christie Booed off Stage at Florida Republican Rally
ORLANDO, FL – Former New Jersey Governor Chris Christie encountered a barrage of boos during his address at the Florida Freedom Summit, where he criticized former President Donald Trump. The crowd’s reaction…
Hedge funds pile into US stock rally at fastest pace in 2 years – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds last week “aggressively” bought U.S. stocks at the fastest pace in two years, said a Goldman Sachs note, with traders jumping into a stock…
Marketmind: Rate cut prospects fuel stock rally
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been an upbeat start to the week in Asia as markets cast…
Rally House Expands in New Jersey with New Deptford Store
DEPTFORD, NJ – Rally House, a leading sports apparel and merchandise retailer, has opened a new store in Deptford, New Jersey, called Rally House Deptford, expanding its presence on the East Coast.…
Pot ETFs tumble, erasing earlier rally as US legalization hopes dim
By Bansari Mayur Kamdar (Reuters) – After a dizzying rally in September, exchange-traded funds tracking cannabis stocks have fallen to earth on fading hopes over pot legalization in the United States. The…
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