Wall Street bullishness close to flashing contrarian sell signal
A Bank of America measure of their bullishness is near a level that historically has been bearish for stocks.
Wall Street week ahead: Investors weigh new stock leadership as broader market wobbles
The two-track market left the benchmark S&P 500 down for the week, and sparked questions about whether it could sustain gains going forward if the tech and growth stocks that account for the biggest weights in the index struggle.
Wall Street extends losses as inflation fear lingers
Shares of Amazon.com Inc, Microsoft Corp and Alphabet Inc edged up between 0.4% and 1%, but were headed for their worst week in months.
Wall Street ends sharply lower, tech selloff weighs as bond yields climb
The benchmark 10-year Treasury yields hit a one-year high of 1.614%, prompting investors concerned about rich valuations to lock in profits on some high-flying growth stocks.
Fed outage raises questions on Wall Street as services restored
The Fed’s system has suffered problems before. In 2019, the FedWire interbank funds transfer service went down for about three hours. The Fed blamed the outage on “an internal technical issue,” but declined to provide more details.
Wall Street finishes up as Fed's Powell soothes inflation fears
Powell told lawmakers on Wednesday it may take more than three years to reach the central bank's inflation goals, a sign the Fed plans leave interest rates unchanged for a long time to come.
Wall Street rebounds to end about flat after Jerome Powell assurances
The benchmark Dow Jones Industrial Average dropped nearly 350 points in early trading, but recovered to close with a scant gain of less than 16 points at 31,537.35, while the broad-based S&P 500 edged up 0.1 percent to finish at 3,881.37.
Robots on Wall Street wrestle with confusing world of Reddit
After the retail stock frenzy last month caused unprecedented havoc, hedge funds trawling the platform with algorithms have a renewed sense of purpose in their mission to figure out the next market craze.
WallStreetBets video says it’s ‘time to level the playing field’
The four-minute video contrasts media clips from figures such as billionaire Leon Cooperman who decry attacks on the wealthy with posts from WallStreetBets detailing how its users were harmed by the 2008 financial crisis.
Wall St closes down on tech slide, rising jobless claims
The Dow Jones Industrial Average fell 119.68 points, or 0.38%, to 31,493.34, the S&P 500 lost 17.36 points, or 0.44%, to 3,913.97 and the Nasdaq Composite dropped 100.14 points, or 0.72%, to 13,865.36.
Wall Street rally pauses as big tech loses steam
Stocks shrugged off remarks by Federal Reserve Chairman Jerome Powell, who reassured investors that interest rates will remain low for some time to spur the economy and jobs growth, but provided no new insights on monetary policy.
Asian stocks make cautious gains after patchy Wall Street rally
Bitcoin, which gained 19.5% on Monday, was down 0.1% at $46,354 as Asian trading got underway.
Wall Street sets record closing highs on stimulus hopes, vaccine deployment
All three major U.S. stock indexes gained ground, with the S&P 500 and the Dow posting their sixth consecutive gains, their longest winning streak since August. Small-caps, set to benefit most from the economic rebound, outperformed their larger peers.
Wall Street 'predators' make allies of political foes
While the broad partisan landscape remains combatively polarized, elected officials from the conservative right to the progressive left are standing up against what they condemn as market manipulation by Wall Street.
Elon Musk, a new Wall Street oracle?
After discussing his ambitions for the colonization of Mars, as well as cryptocurrencies and artificial intelligence, Musk spoke with Vlad Tenev for 14 minutes, offering him the opportunity to respond to his detractors.