U.S. stocks were getting smoked on Friday after the crucial jobs report came in warmer than expected and jitters over the stunning failure of Silicon Valley Bank (SIVB) continued to weigh on markets. Checking back in on the S&P 500 (^GSPC) around 1p.m. ET, the index turned red by 1.5%, […]
Finance News
U.S. stocks wavered on Wednesday, following two job prints that showed the labor market remains tight amid sticky inflation. Wall Street also heard from Federal Reserve Chair Jerome Powell before the House Financial Services Committee Wednesday morning. Powell continued to stress that “no decision” has been made on the size […]
U.S. stocks lost steam Monday afternoon after rallying earlier in the session, kicking off a busy week on Wall Street with a mixed tone. The S&P 500 (^GSPC) ended the session near the flatline, while the Dow Jones Industrial Average (^DJI) increased 0.1%. The technology-heavy Nasdaq Composite (^IXIC) edged down […]
Tesla (TSLA) inventory jumped Friday after the automaker claimed solid China profits. Tesla’s wholesale shipments for February from its China manufacturing facility rose 32% from a year back to 74,402 vehicles, according to China’s Passenger Automobile Affiliation (CPCA). That also figure represents a 13% soar month about thirty day period […]
U.S. stocks rallied on Friday, rounding out a big end to the week, while bond yields retreated slightly from their recent march. At the close, the S&P 500 (^GSPC) surged 1.6%, while the Dow Jones Industrial Average (^DJI) increased 1.1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) jumped nearly 2%. […]
The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present. The Commodities Futures Trading Commission (CFTC) announced on March 1 that the agenda for the March 22 […]