investing

The S&P 500 (SPX), Wall Street's broadest gauge, finished the day up 2.1%, while the Dow (INDU) rose 1.4%, or just under 500 points. The Nasdaq Composite (COMP), which had lagged behind the others on Monday, gained 3%."Forget about a…

The credit ratings agency on Thursday downgraded the company and its subsidiaries to "restricted default," meaning that the firm has failed to meet its financial obligations. Fitch said the downgrade reflects the company's inability to…

Biotech stocks have fallen to earth with a thud in 2021 after soaring last year amid excitement over the development of COVID-19 vaccines, dealing big losses to some hedge funds. The sector is being buffeted by…

The Dow fell more than 530 points Friday, about 1.5%, as fears grew that the Fed could potentially cause an economic slowdown by tightening too aggressively. Such concerns are global: Investors everywhere are worrying about inflation and…

Investors will be focusing their attention on the Federal Reserve’s meeting next week, searching for details on a potentially hawkish pivot in monetary policy in the face of high inflation.Fed Chair Jerome Powell — whose hawkish signal…

There’s much ado about the so-called Santa Claus rally that tends to materialize in the U.S. stock market in the final week of December and the first two trading sessions of the new year, but the importance of the…

The best of times and the worst: It was the tale of two IPO markets this year on Wall Street. Investment banks booked a record tally in revenue from initial public offerings in 2021, despite IPO performance that was the worst in at least…

There’s nothing magical about a stock index hitting the 10% decline that constitutes what Wall Street considers to be a correction. So we need to stop treating this 10% mark as meaningful. It isn’t. The odds that…

Two years into building my company, I realized I wasn’t happy. Despite my enthusiasm for our mission of increasing healthcare accessibility, I was dreading the day-to-day experience of going to work. And I realized that if I was…

Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder…