
Wall St. extends slide as Nasdaq flirts with correction
Wall Street indexes extended their decline on Thursday as volatility spiked and investors shunned risky investments, and Nasdaq looked like it could confirm a correction.
Wall Street indexes extended their decline on Thursday as volatility spiked and investors shunned risky investments, and Nasdaq looked like it could confirm a correction.
Wall Street indexes continued their decline on Thursday as investors continued to shun risky investments, and Nasdaq looked like it could confirm a correction.
The head of the U.S. Securities and Exchange Commission said on Thursday the agency was in no rush to change quarterly reporting requirements for large public companies, two months after President Donald Trump ordered his agency to study the matter.
Major U.S. banks, beginning on Friday, are expected to report earnings growth that exceeds that of the broader market, but that may not be enough to impress investors, who have been unimpressed by loan growth and are anticipating higher deposit rates and credit costs.
For stock investors, the recent spike in bond yields may be prompting some uncomfortable deja vu.
A stock sell-off, rising trade tension with China, slower global growth and verbal pressure from the White House are unlikely to dent the U.S. Federal Reserve’s rate hike plans in an economy performing in line with the central bank’s forecasts.
Wall Street dropped on Thursday as investors continued to shun risky investments, but the decline was less severe than the brutal sell-off in the previous session as a bounce in some high-growth technology stocks helped limit losses.
Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by a bigger-than-expected U.S. crude inventories build.
A coalition of U.S. business groups fighting President Donald Trump’s trade tariffs has launched an advertisement aimed at telling voters ahead of the midterm elections that the measures are costing American businesses and consumers $1.4 billion a month.
India’s antitrust watchdog raided the offices of three top beer companies on Thursday as part of an investigation of price-fixing allegations, three sources with direct knowledge of the matter told Reuters.
Three influential Republican U.S. senators on Thursday asked Alphabet Inc’s Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network.
U.S. consumer prices rose less than expected in September, held back by a slower increase in the cost of rent and falling energy prices, as underlying inflation pressures appeared to cool slightly.
Wall Street dropped on Thursday but the losses were less severe than the brutal sell-off in the previous session as a bounce in technology stocks helped limit losses.
U.S. President Donald Trump launched a second day of criticism against the Federal Reserve on Thursday, calling its interest rate increases a “ridiculous” policy that was making it more expensive for his administration to finance its escalating deficits.
Sears Holdings Corp Chief Executive Officer Eddie Lampert is exploring a bid for some of the cash-strapped U.S. retailer’s businesses and real estate once it files for bankruptcy as an alternative to a traditional court-supervised reorganization, people familiar with the matter said on Thursday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.