U.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about Fed policy and the fast-spreading omicron variant of COVID-19. Dow Jones Industrial Average futures…
By the early afternoon, the major indexes had given back their sharp gains. Both the Nasdaq Composite (COMP) and the S&P 500 (SPX) turned negative, down 0.6% and 0.2%, respectively. The Dow (INDU) was flat.All three indexes traded…
WASHINGTON—NatWest Markets PLC pleaded guilty Tuesday to wire and securities fraud, admitting that its traders in London, Singapore and Connecticut engaged in a number of schemes between 2008 and 2018 to manipulate…
“Over the last decade or so, we have seen that the investment cycle has been lagging consumption. Now, we are at a crossroads and incrementally investment growth is likely to pick up,” says Shibani Sircar Kurian, Senior EVP, Fund Manager…
Democrats and Republicans have wildly different expectations for inflation in 2022. Republicans expect prices to rise about 7% over the next year — more than double the 3% increase expected by Democrats, according to last month's…
ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on…
The Dow fell nearly 600 points, or 1.7%, in early morning trading Monday. The S&P 500 was down 1.4% while the tech-heavy Nasdaq dropped 1.2%. On Friday, the Dow finished down 532 points, or 1.5%. It was its worst drop in three…
Late last month, HSBC (HBCYF) received approval from Chinese regulators to take full control of its life insurance joint venture, which was created in 2009 in equal partnership with a Chinese company, under rules that were rolled back in…
Blame it on an obscure rule. For the first time in a decade, there will be no U.S. stock-market closure in observance of New Year’s Day which falls on a Saturday. U.S. markets will be open on Friday Dec. 31, which…