US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid […]
US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid […]
The S&P 500 edged higher Friday, staying on track for its best week since November 2020 as investors digested the Federal Reserve’s interest-rate increase and developments in Ukraine. The broad US stock index was recently up 0.1% in early afternoon trading after three consecutive sessions of gains. The Dow Jones Industrial Average slipped 0.3%, or […]
US stocks edged down as investors showed concern about further escalation in the Ukraine war leading to shortfalls of commodities supply. The S&P 500 slipped 0.3% in early New York trading, a modest pullback in the broad-market index after it closed 1.3% higher on Thursday. The tech-heavy Nasdaq Composite Index fell 0.4%, while the Dow […]
US stock futures edged down as investors were concerned of further escalation in the war in Ukraine that could lead to shortfalls of commodities supply. Futures tied to the S&P 500 slide 0.6%, pointing to a moderate pullback in the broad-market index after it closed 1.3% higher on Thursday. Nasdaq-100 futures fell 0.7%, suggesting declines […]
GameStop Corp. EMG 0.97% recorded a loss during the holiday quarter despite an increase in sales, surprising analysts who were expecting the videogame retailer to turn a profit. GameStop has been working to turn around its business under the leadership of a revamped executive team and board of directors. The Grapevine, Texas-based company on Thursday […]
The price action has been nothing short of breathtaking — oil has swung by $55 a barrel this year. On Thursday alone, it surged by more than 7% after peace negotiations stalled in Ukraine and billionaire Warren Buffett boosted his stake in a high-flying US oil company. Early on March 17, West Texas crude oil […]
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
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