Stocks plummet after a strong jobs report.
As the Labor Department reported a drop in unemployment, stocks fell sharply Friday, wiping out many of the gains made during the two-day surge that...
Asian markets swing as traders eye US jobs, earnings
A shelf stocked with instant noodles at a Bangkok supermarket -- inflation has surged around the world Lillian SUWANRUMPHA AFP/File Stocks drifted in Asia on...
Asian markets drop again but sterling holds up after recovery
Investors are keeping a wary eye on Ukraine as Russian President Vladimir Putin prepares to annex four occupied regions of the country Gavriil Grigorov SPUTNIK/AFP...
Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears
Investors are likely to switch their focus to earnings season, after the market's wild ride on rising and falling expectations for Federal Reserve rate hikes....
South Korea stocks lead gains in Asia markets; New Zealand inflation at 32-year high
South Korea stocks led gains in Asia-Pacific markets early on Monday as investors looked ahead to announcements later in the week. The Kospi rose 1.21%...
NZ share market poses modest loss compared with Wall Street
The local share market has dodged the worst of the latest bout of global financial market turbulence, to post a modest loss. NZX sign Photo:...
‘Everyone’s a bit spooked’: Inflation woes hit crypto, share markets
The crypto market nose-dived overnight, with investors panicking over high US inflation, which led to a bank-style run on a major crypto lending platform. Photo:...
S&P 500 closes in bear market territory, reaching lowest level since 2021
The S&P 500 closed in bear market territory on Monday, reaching its lowest level since March 2021. The broad index dropped 3.88% to 3,749.63, falling...
Most stocks on the slide as NZX dips to two-year low
The New Zealand sharemarket has fallen to its lowest level in two years. File image Photo: RNZ / Rebekah Parsons-King The benchmark NZX-50 index dropped...
Dow plummets 638 points as investors await key inflation report
U.S. markets declined for the second consecutive session Thursday as fear about the strength of the economy among investors persisted ahead of a key inflation...
Dow Jones falls 269 points as markets snap two-day winning streaks
U.S. markets snapped a two-day winning streak on Wednesday, closing in the red as investors weighed concern over economic slowdown. The Dow Jones Industrial Average...
Dow gains 435 points as markets snap two-day losing streak
All three major U.S. indexes posted gains on Wednesday, breaking two-day losing streaks after starting off the month of June in the red. The Dow...
Dow falls 222 points as markets end May in the red
U.S. markets fell Tuesday to close out May after a day off for the Memorial Day holiday. The Dow Jones Industrial Average closed down 222.84,...
Dow gains 191 points as Fed’s May minutes hint at more interest rate hikes
U.S. markets climbed on Wednesday after minutes from the Federal Reserve's May policy meeting showed the central bank plans to aggressively raise interest rates. The...
Snapchat stocks falls 40% after profit warning issued
Snap shares were trading at $13.3, lower than their 2017 IPO price of $17. A woman stands in front of the logo of Snap Inc....
Nasdaq falls 2% as Snap posts worst-ever single-day loss
The Nasdaq Composite tumbled Tuesday as Snap recorded its largest-ever one-day drop and dragged down other tech stocks with a negative advertising forecast. The tech-heavy...
Dow gains 618 points as markets rally after losing streak
U.S. markets bounced back on Monday as investors bought up downtrodden stocks amid a lengthy losing streak. The Dow Jones Industrial Average gained 618.34 points,...
U.S. stocks see longest streak of weekly losses since 2001
U.S. stocks marked the longest streak of weekly losses since 2001 by the end of trading Friday as the S&P 500 dropped into bear market...
S&P 500 falls closer to bear market; retail stocks continue to struggle
The S&P 500 slid closer to bear market territory Thursday after falling for the second consecutive session. The broad index fell 0.58% to 3,900.79 placing...
Young investors playing the long game as cryptocurrency market crashes
The cryptocurrency market is taking a dive but young investors say they're doubling down and playing the long game. But not everyone is weathering the...
Elon Musk has confirmed that he approached Bill Gates about shorting Tesla shares.
According to a series of leaked messages, Elon Musk purportedly declined charitable negotiations with fellow billionaire Bill Gates due to the latter's $500 million short...
The Dow falls 39 points as the 10-year government bond yield reaches a five-year high.
The 10-year treasury bond yield soared to a five-year high on Monday as investors expected additional quarterly profit announcements. The Dow Jones Industrial Average dropped...
The producer price index rises in February, fueled by higher gasoline prices.
According to the Labor Department, the producer price index, a gauge of supply conditions, increased 0.8 percent seasonally adjusted in February, down from 0.9 percent...
The Dow fell 166 points as a result of the Ukraine conflict; markets are on track to lose 4% in February.
Markets in the United States were mixed on Monday after a volatile day of trading as investors processed the fallout from Russia's weekend assault on...
Berkshire Hathaway, Warren Buffett’s company, reports a $40 billion profit in the fourth quarter.
Berkshire Hathaway, Warren Buffett's company, reported a profit of nearly $40 billion in the fourth quarter of 2021. Berkshire Hathaway's earnings in the fourth quarter...
Stocks rose on Friday after the Ukraine crisis hit Wall Street.
Stocks continued their solid recovery on Wall Street on Friday, a day after Russia's invasion of Ukraine caused significant losses in US markets for a...
Stocks fall for the second week in a row as tensions between Russia and Ukraine weigh on markets.
The stock market fell on Friday, with the Dow Jones Industrial Average closing out its second week of losses, as investors remained concerned about ongoing...
Despite disappointing economic growth data, the Dow Jones rises 153 points.
Despite disappointing economic data and a turbulent market debut for trading app Robinhood, the Dow Jones Industrial Average rose 153 points on Thursday. The blue-chip...