Some Retail Stocks Could Take Hits From the Los Angeles Wildfires
Target is one of the retailers with the most exposure to the wildfires that have raged this week in the Los Angeles area, analysts at JPMorgan said Friday.
Nasdaq Seeks SEC Approval to Boost IBIT Options Limits Tenfold
The exchange seeks to raise the iShares Bitcoin Trust position limit to 250,000 contracts amid high trading demand.
Blowout Jobs Report Fuels Wall Street Fear of ‘Lose-Lose’ Market
(Bloomberg) -- It wasn’t supposed to be this way. With the economy booming, a friendly Federal Reserve at its back and Donald Trump headed to the White House, Wall Street saw nothing but upside as the calendar turned.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeTe
S&P 500 Gains and Losses Today: Walgreens Stock Pops After Promising Results
The S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns about interest rate policy.
Wall Street ends lower as blowout job data spooks traders
(Reuters) -U.S. stocks sold off on Friday, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears, reinforcing bets that the Federal Reserve will be cautious in cutting interest rates this year. Wall Street's main indexes closed their second consecutive week in the red. "We started the year on the wrong foot," said Sam Stovall, market strategist at CFRA Research, commenting on the impact of a hotter-than-expected job data on equities.
Dow plunges nearly 700 points in response to good economic news. We can explain.
A strong jobs report is good news for the economy. For stocks, not so much.
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for longer and raised the spectre of benchmark 10-year yields hitting 5% — a level that some fear could rattle broader markets. Friday’s jobs report revealed that employers added 256,000 jobs in December, well above economists’ forecasts, while the unemployment rate dropped, bolstering market expectations that the Federal Reserve will maintain elevated interest rates to curb economic overheating. That news dashed investors' hopes for some respite from a sharp rise in Treasury yields that has wobbled stocks since the beginning of the year.
Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
How to pick a stock: 5 essential steps for beginners
Found a stock to buy? Follow these five steps before making an investment.
MPs pressure London Stock Exchange over Chinese fast fashion giant’s £50bn listing
The London Stock Exchange (LSE) is under pressure to closely vet Chinese fast fashion giant Shein ahead of its planned £50bn listing, amid fears about forced labour in its supply chain.