Asian markets follow Wall Street lower after Fed indicates rate hikes
The Kospi 180721, -0.77% in Seoul retreated 0.7% and Sydney’s S&P/ASX 200 XJO, -2.78% sank 2%. Benchmark indexes in Taiwan ...
Tag: Commodity/Financial Market News
Tesla Inc. stock underperforms Wednesday when compared to competitors
The stock underperformed when compared to some of its competitors Wednesday, as Toyota Motor Corp. ADR TM, -1.12% fell 1.12% ...
Blame the Fed? Tech stocks get off to worst start to a calendar year since the 2008 financial crisis.
For the Nasdaq-100 index NDX, -3.12%, composed of the largest companies in the Nasdaq, the year-to-date decline is 3.36%, also ...
Here’s what stock and bond market strategists say after Fed minutes point to the end of easy money
Read: Fed officials rate hikes coming faster or sooner than they had thoughtMinutes revealed robust talk among some Fed officials ...
Bitcoin, ether tumble after Fed minutes show talk of quicker end to easy policy stance
Ether ETHUSD, -1.45% declined 7.5% over the past 24 hours, recently trading at around $3,526. Most major cryptocurrencies have been ...
Coca-Cola upgraded as anticipation grows that IRS tax case will come to a close
With a multibillion-dollar tax case possibly drawing to a close, Coca-Cola Co. was upgraded to buy from hold at CFRA. ...
Peloton stock bounces, as J.P. Morgan analyst slashes price target but still sees ‘considerable’ upside
Shares of Peloton Interactive Inc. bounced slightly Wednesday from levels seen before the at-home fitness company started benefiting from pandemic-driven ...
Dow jumps 100 points on gains for Intel, Caterpillar shares
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. ...
Dow aims for 3rd record in 2022, but broader stock market struggles ahead of Fed minutes
What are stock benchmarks doing? The Dow Jones Industrial Average DJIA, +0.32% rose 90 points, or 0.3%, to 36,891. The ...
Citi rings in the new year by hiking S&P 500 price target. Here’s why.
The strategists conceded that the increase was largely predicated on the 5% gain in the market over the last two ...
Dow industrials knocking on door of milestone at 37,000 early in 2022
To be sure, 1,000-point milestones for the Dow DJIA, +0.59% on their own don’t carry much significance in terms of ...
Asian markets fall as tech stocks slump on Wall Street
Worries continue about COVID-19, as reports of the more contagious omicron keep growing in the region.In Japan, many people are ...
Nvidia reveals $249 gaming card, as well as a ‘BFGPU,’ at CES 2022
Nvidia Corp. announced the release of new gaming cards and laptops Tuesday amid a global semiconductor shortage that has disrupted ...
Dow extends rise after kicking off new year with records; tech lags behind
What’s driving markets?Stocks kicked off the session with gains, but turned mixed as consumer discretionary SP500.25, -0.64% and tech sector ...
Broader flattening trend in Treasury market ‘is likely here to stay’: Societe Generale
The broad “flattening” trend in the Treasury yield curve “is likely here to stay,” she said in a research report ...
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