Gold futures ended with a modest gain on Thursday, but marked a fourth finish in five sessions below $2,000 an ounce, after a reading on first-quarter U.S. GDP came in lower than expected. The data may have raised some concerns that a potential recession could hurt consumer demand for precious…
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U.S. stocks rose sharply on Thursday, with the S&P 500 on track for its biggest daily gain in over a month, as another batch of strong big-tech earnings reports helped boost the broader market while offsetting signs of slowing economic growth. How are stocks trading Stocks fell Wednesday, as worries…
Treasury yields ended mostly higher on Wednesday, paring some of the steep declines seen in the prior session, as traders considered the Federal Reserve’s most likely next steps at its May 2-3 policy meeting. Meanwhile, Treasury’s $43 billion auction of 5-year notes was strong and produced a “good result,” even…
I don’t want an emerging-markets index fund in my portfolio, and I don’t care who knows it. There’s nothing intrinsically wrong with investing in emerging markets. (A new research paper from the number crunchers at hedge-fund company AQR argue that they look like a great investment right now — more…
De ninguna manera. That’s Spanish for “no way,” which was the response of more than a million subscribers in Spain who dumped their Netflix accounts in the first three months of the year after the streaming giant cracked down on password sharing. That’s according to a new study from the…
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A U.K. regulator made the surprising decision Wednesday to block Microsoft Corp.’s deal for Activision Blizzard Inc. in a further sign of resistance to the power of Big Tech. The U.K.’s Competition and Markets Authority announced Wednesday that it would prohibit the $69 billion deal as the merger could hurt competition…
U.S. stocks ended mostly lower on Wednesday as robust earnings from big tech companies boosted the Nasdaq Composite, but concerns about First Republic Bank weighed on the broader market after the San Francisco-based lender revealed an exodus of deposits in March in the aftermath of Silicon Valley Bank collapse. How…
First Republic Bank stock slid further early Wednesday after losing nearly half its value in the previous session as reports surfaced of efforts to backstop the S&P 500 index component to prevent further losses. First Republic fell 25% to $6.10 a share on heavy volume of 38 million shares. Meanwhile,…