By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders betting that Wednesday’s Federal Reserve meeting and highly anticipated macroeconomic events later this week could cause gyrations in markets may …
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ATLANTIC CITY, NJ – Orsted, the Danish wind energy company that was to build two major wind farms off the coast of New Jersey was already facing tough economic challenges …
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China firm launches stock indices to tap into rush for safe-haven gold
by Reutersby ReutersSHANGHAI (Reuters) – China’s biggest index provider launched on Wednesday two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven metal amid a slump in …
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By Summer Zhen and Xie Yu HONG KONG (Reuters) – Hong Kong’s efforts to revive its shrinking stock market are mere stopgap solutions, as analysts say a reversal in fortunes …
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By Bansari Mayur Kamdar (Reuters) – Investors piled into a leveraged exchange traded fund that bet on upside in Tesla’s shares as the company’s stock price sank following a weaker-than-expected …
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New Jersey Congressman, Intelligence Committee Member Loaded Up On Defense Stock Ahead of Israel War
by Phil Stiltonby Phil StiltonQuiver Quantitative, a website that tracks the stock purchases and sales of federal elected officials claims New Jersey Congressman Josh Gottheimer sold a bunch of non-performing stocks and bought shares …
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NEW YORK (Reuters) – Engaged Capital’s Chris Hetrick says the firm has built a position in apparel brand owner VF Corp and says the company is mismanaged and that its …
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Business News
China considers new stabilization fund to prop up stock market – Bloomberg News
by Reutersby Reuters(Reuters) – China is considering creating a state-backed stabilization fund to shore up confidence in its equity markets, Bloomberg News reported on Thursday. Financial regulators, including the China Securities Regulatory …
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(Reuters) – Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut. In its first session …
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Business News
Options traders see larger-than-usual stock swings as banks report results
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets, …
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Business News
Analysis-US stock market technicals suggest possible rebound as earnings, CPI loom
by Reutersby ReutersBy Lewis Krauskopf NEW YORK (Reuters) – Technical and seasonal indicators that investors use to gauge the U.S. stock market’s health show it may be time to buy, though upcoming …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Trump’s Bump Stock Ban Is Back Before The Supreme Court. Here’s What Could Happen Next
Trump’s Bump Stock Ban Is Back Before The Supreme Court. Here’s What Could Happen Next Katelynn Richardson on October 8, 2023 The Supreme Court may finally take up a pair …
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Business News
Shanghai stock exchange probes Zhejiang King after its public listing halt
by Reutersby ReutersBEIJING (Reuters) – The Shanghai Stock Exchange said it will probe Zhejiang King Co Ltd after the Chinese maker of air conditioners halted its initial public offering (IPO) amid media …
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By Lewis Krauskopf NEW YORK (Reuters) – Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group of stocks …
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Breaking NewsBusiness NewsCommunity NewsFeatured NewsNew Jersey News
Stock in New Jersey Off Shore Wind Farm Company Crashes to All-Time Low
TRENTON, NJ – The company behind New Jersey’s most high-profile offshore wind farm project, 0rsted, a Danish wind energy company is having serious financial problems. On Thursday, the company’s stock …
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Business News
Mexico shares suffer worst daily drop in nearly 3 years, battered by airport operators
by Reutersby ReutersBy Noe Torres MEXICO CITY (Reuters) -Mexico’s main stock index posted its worst daily performance since January 2021 on Thursday, dragged down by a sharp sell-off in the country’s main …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Obama-Appointed Federal Judge Upholds ATF’s Bump Stock Ban
Obama-Appointed Federal Judge Upholds ATF’s Bump Stock Ban Harold Hutchison on September 29, 2023 A federal judge rejected an effort to block enforcement of a ban on so-called “bump stocks” …
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By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of giant technology and …
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Business News
Cosmetics maker Coty launches stock offering, eyes Paris Stock Exchange listing
by Reutersby Reuters(Reuters) -Coty on Monday launched a global offering of 33 million shares and said it had submitted an application for dual listing of its shares on the Paris Stock Exchange. …
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By David Randall NEW YORK (Reuters) – A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a cocktail of risks that …
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Business News
U.S. stock prices near level for ‘mechanical selling’ – Nomura’s McElligott
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest leg lower in U.S. stock prices has put them in a danger zone that could trigger so-called “mechanical selling” pressure …
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By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Airline operator ANA Holdings plans to offer around $60 million worth of shares to thousands of employees, the latest Japanese company …
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Business News
JPMorgan strategists say US stock valuations at risk from high interest rates
by Reutersby ReutersNEW YORK (Reuters) – After big gains for the U.S. stock market this year, equity valuations could come under pressure from high interest rates, based on historical relationships, JPMorgan strategists …
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Business News
LSEG appoints Charlie Walker as deputy CEO of London Stock Exchange
by Reutersby ReutersLONDON (Reuters) – The London Stock Exchange Group said on Monday that it had appointed Charlie Walker as deputy CEO of its main bourse, amid a period of rolling reforms …
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BEIJING (Reuters) – China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in …