A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Thursday. These funds parted with over 280,000 shares of Square Inc. (NASDAQ: SQ), as their share prices […]
SEC finalizes rule that allows it to delist foreign stocks for failure to meet audit requirements
Foreign public companies that are listed in the United States may be delisted if their auditors do not comply with requests for information from U.S. regulators. Today the Securities and Exchange Commission adopted amendments to […]
Barclays, RBS, HSBC, Credit Suisse and UBS fined for taking part in forex trading cartel
The European Commission has fined five banks for participating in an illegal foreign exchange trading cartel. UBS, Barclays, RBS, HSBC received a combined total fine of 261 million euros ($296 million). This included a 10% […]
ECB faces calls to be clearer on inflation after Fed's Powell drops 'transitory'
Powell told U.S. lawmakers that "it's probably a good time to retire that word (transitory) and try to explain more clearly what we mean" when talking about inflation. The latter has been a matter of […]
Asia-Pacific stocks fall as omicron variant fears continue to weigh on market sentiment
Shares in Asia-Pacific fell during trade on Thursday morning. Stocks on Wall Street saw a sharp reversal overnight after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S. […]
Wednesday’s Top Analyst Upgrades and Downgrades: Beyond Meat, Capital One, DoorDash, Foot Locker, Krispy Kreme, Urban Outfitters and More
The futures rebounded and traded higher on Wednesday, as we began the final trading month of 2021 following another risk-off day that was dominated once again by concerns about the new Omicron variant. In large […]
5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: Dow set to bounce on first day of December after big drop on omicron fears Bond yields rise […]
Stocks making the biggest moves midday: American Airlines, Gap, Moderna and more
Check out the companies making headlines in midday trading Tuesday. American Airlines, Norwegian Cruise Line — Travel stocks retreated, as investors continued to weigh the risks from the Covid omicron variant. American Airlines shares retreated […]
Global markets rattled by omicron vaccine worries
Moderna CEO Stephane Bancel told the Financial Times on Monday that he expects vaccines to be less effective against the new strain. Asia and European stocks fell on Tuesday; U.S. futures were also in the […]
European stocks set for positive open, optimistic that omicron variant won't derail recovery
European stocks are expected to open higher on Tuesday amid cautious optimism that the omicron Covid variant might not derail the global economic recovery, as initially feared. The U.K.'s FTSE index is seen opening 31 […]