Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off
An unexpected change in the redemption mechanism of the protocol's yield-generating token caught investors off-guard, throwing the DeFi community into disarray.
Financial, Industrials, and Technology Stocks Were on Top Last Year
Last year was an epic one for stocks.
Equities Retreat, Yields Surge as Markets Weigh Jobs Report
US benchmark equity indexes fell Friday, while Treasury yields soared as traders parsed official dat
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
Rising bond yields are heaping pressure on equities as investors fear a resurgence of inflation.
Some Retail Stocks Could Take Hits From the Los Angeles Wildfires
Target is one of the retailers with the most exposure to the wildfires that have raged this week in the Los Angeles area, analysts at JPMorgan said Friday.
Nasdaq Seeks SEC Approval to Boost IBIT Options Limits Tenfold
The exchange seeks to raise the iShares Bitcoin Trust position limit to 250,000 contracts amid high trading demand.