KamalaCrash Trending on Social Media, Google Search As Stocks Plummet
BEDMINSTER, NJ -The hashtag #kamalacrash is trending on social media platforms like Twitter, X (formerly Twitter), and Facebook, reflecting former President Donald Trump’s commentary linking Vice President Kamala Harris to a significant…
Goldman Sachs sees risks to European stocks from Ukraine crisis
– Goldman Sachs on Friday cut its target for Europe’s major stock index, saying equities in the region are likely to face risks for some time as the Russia-Ukraine crisis intensifies. Missiles…
European defence stocks rise as Russia invades Ukraine
By Danilo Masoni MILAN – European defence stocks were among the rare gainers in a falling market on Thursday on bets of bigger spending after Russian forces invaded Ukraine in the biggest…
London Stock Exchange expands stocks clearing in Paris
LONDON – The London Stock Exchange (LSEG) expanded its Paris-based clearing service on Thursday as it adjusts to a post-Brexit landscape where Britain’s financial sector faces being increasingly cut off from the…
S&P 500 confirms correction as stocks stumble on war fears
By Chuck Mikolajczak NEW YORK – The S&P 500’s 1% slump on Tuesday confirmed that the world’s most watched stock index was in a correction for the first time since the 2020…
Fed Approves Rules Banning Members From Trading Stocks, Bonds
The Federal Reserve formally adopted new rules Friday restricting the central bank’s senior officials’ ability to trade stocks, bonds and currencies. The rules, which were introduced in October 2021, prohibit senior Fed…
New Chinese regulatory push sends Meituan, tech stocks tumbling
SHANGHAI – Online food delivery group Meituan led a rout of Chinese technology company shares on Friday, as authorities announced a series of regulatory moves to boost growth while keeping financial risks…
Analysis-‘Few places to hide’: investors seek shelter as stocks, bonds fall together
By Davide Barbuscia NEW YORK – Lockstep declines in bonds and stocks are sending investors into defensive products such as credit swaps, convertibles and even cash as they seek refuge from the…
Saudi PIF held nearly $56 billion of U.S.-listed stocks in December 2021
DUBAI – Saudi sovereign wealth fund PIF held nearly $56 billion worth of U.S.-listed stocks as of December last year, up from $43.4 billion at the end of September, boosted by the…
Bitcoin mimics stocks rally, hits 2-week high
-Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets. The world’s…
Analysis-Emerging market investors dive for stocks amid Fed storm
By Rodrigo Campos and Marc Jones NEW YORK/LONDON – Developing world investors, buffeted by various “taper tantrums” over the last decade, are now nervously watching as the rainmaker of global markets –…
Investors keep the faith in stocks despite tech selloff – BofA
LONDON – Investors pumped money into equities and yanked funds out of bonds and cash as inflows into equity markets showed no signs of abating, BofA’s weekly flow show report showed on…
Strong results from Pinterest, Snap spur turnaround in clobbered social media stocks
– Shares of Snap and Pinterest surged in extended trading on Thursday following strong quarterly reports, and Twitter also jumped, marking a massive reversal from a wipeout in those social media stocks…
Meta Platforms’ weak forecast sparks meltdown of social media stocks
By Noel Randewich – Facebook owner Meta Platforms Inc’s quarterly earnings miss and poor forecast on Wednesday ignited a meltdown in social media stocks and threatened to smother a recent recovery from…
Facebook miss sends social media stocks into after-hours tailspin
(raw quotes from witnesses, victims and officials in a breaking news situation) – Facebook owner Meta Platforms Inc shares plunged 22% late on Wednesday after the social media company missed on Wall…
Latam stocks outshine the world in January, Brazil in focus
NEW YORK – Latin American stocks outperformed their peers and the developed world in January and some regional currencies are among the strongest against the dollar so far in 2022, with some…
Turbulent January could bode poorly for rest of year for U.S. stocks
By Lewis Krauskopf NEW YORK – 2022 is off to a turbulent start for U.S. stocks. Even as the market recouped some losses in the last two sessions of the month, the…
U.S. retail investors kept buying stocks on Fed day -analysts
NEW YORK/MILAN – Retail investors bought a net of $1.66 billion in equities on Wednesday when a hawkish U.S. Federal Reserve outcome triggered wild gyrations on Wall Street, data from Vanda Research…
Domestic investors prop up Indian stocks as foreigners flee
By Patturaja Murugaboopathy – Foreign investors have been cutting their holdings of Indian equities over the past few months, but domestic mutual funds, banks and insurance companies have helped put a floor…
U.S. small cap stocks may be signalling market bottom
By Caroline Valetkevitch and Chuck Mikolajczak NEW YORK – As the small cap Russell 2000 hovers near bear market territory, some strategists are optimistic the index and U.S. stock market may be…
Analysis-Fed tightening a sign to get the ‘heck out’ of U.S. stocks
By Sujata Rao and Lewis Krauskopf LONDON/NEW YORK – U.S. stock markets, after enjoying their best three-year run in more than two decades, may soon have to cede the top spot. With…
Meme stocks fall out of love as rate hike fears dampen speculation
By Anisha Sircar and Medha Singh – Meme stocks GameStop Corp and AMC Entertainment continued to fall out of favor for investors as fears of a faster rise in interest rates puncture…
McCarthy Considers Banning Lawmakers From Trading Stocks If Republicans Retake House Majority
Minority Leader Kevin McCarthy is reportedly considering limiting or barring lawmakers’ ability to hold and trade stocks and equities if Republicans retake the House majority in November. McCarthy told Punchbowl News that…
POLL: Overwhelming Majority Of Americans Say Lawmakers Should Be Banned From Trading Stocks
The majority of Americans believe members of Congress should be banned from trading stocks while in office, according to a new poll. Among a sample of Americans likely to vote in general…
‘Mild Symptoms’: Stocks, Oil Surge To Highs As Investors Shake Off Omicron Concerns
The stock and oil markets surged Monday as investors brushed aside concerns that the Omicron variant of COVID-19 would slow economic growth in the near future. The S&P index, which measures 500…
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