Shares of Cboe Global Markets Inc. CBOE, -0.25% slipped 0.25% to $ 113.72 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, + 0.00% rising 0.00% to 32,945.24 and the S&P 500 Index SPX, -0.74% falling 0.74% to 4,173.11. This was the … Read more
The Ukraine crisis is turbocharging a dash for haven investments around the globe. The Russian invasion and the ensuing jump in commodities prices have sent investors barreling into gold and government bonds and scooping up bets that will pay out if they keep rising.
Some of the world’s biggest banks worked over the weekend to resolve a crisis in the nickel market that leaves them on the hook for billions of dollars owed by a Chinese metals giant. JPMorgan Chase JPM -2.25% & Co., Standard Chartered STAN -0.41% PLC and BNP Paribas SO BNPQY -3.09% were among the banks … Read more
Text size The main event for investors this week will be the monetary policy decision from the Federal Reserve’s interest rate-setting committee on Wednesday afternoon. Officials are expected to raise the central bank’s benchmark interest rate target range by a quarter of a percentage point, to 0.25% to 0.50%. It would be the first hike … Read more
Investors appeared to latch on to a hint of optimism around prospects for quelling the Russia-Ukraine war Wednesday, sparking major reversals across markets, with commodities retreating alongside traditional havens as beaten-down global equities bounced sharply higher. “It has been almost two weeks since Russia invaded Ukraine and it appears that traders are becoming a little … Read more
MicroStrategy Inc. plans to continue investing in bitcoin despite recent declines in the value of the cryptocurrency asset and a call by US securities regulators to revise its disclosure in future filings. The Tysons Corner, Va.-based software company is one of a handful of companies with bitcoin holdings, alongside auto maker Tesla Inc. and payment … Read more
Federal Reserve Chair Jerome Powell is returning to the spotlight this coming week, with investors anticipating he will start raising interest rates from near zero to cool inflation being stoked even hotter by Russia’s attack on Ukraine – a step he will be taking amid heightened market volatility. “Since 1990, the Fed has never started … Read more
Shares of WR Berkley Corp. WRB, + 1.71% advanced 1.71% to $ 94.40 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.30% falling 1.30% to 4,204.31 and Dow Jones Industrial Average DJIA, -0.69% falling 0.69% to 32,944.19. This was the stock’s fourth … Read more
Text size The New York Stock Exchange on Friday: Financial markets appear less fearful than they did just a week ago. SNEEZE This past week might be remembered as the one when markets tried to stop worrying and accept the war. At first glance, it might not seem that way. The S&P 500 dropped by … Read more
Shares of Fifth Third Bancorp FITB, -1.08% shed 1.08% to $ 44.00 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.30% falling 1.30% to 4,204.31 and Dow Jones Industrial Average DJIA, -0.69% falling 0.69% to 32,944.19. This was the stock’s second consecutive … Read more