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.
U.S. Enforcement Chief Behind CFTC Crypto Cases Exits Before Trump Arrives
Ian McGinley, the enforcement director at the Commodity Futures Trading Commission, is stepping down days before President-elect Donald Trump's inauguration.
Blowout Jobs Report Fuels Wall Street Fear of ‘Lose-Lose’ Market
(Bloomberg) -- It wasn’t supposed to be this way. With the economy booming, a friendly Federal Reserve at its back and Donald Trump headed to the White House, Wall Street saw nothing but upside as the calendar turned.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeTe
Why Dogecoin Is Jumping Today
Dogecoin (CRYPTO: DOGE) is seeing significant gains in Friday's trading. The cryptocurrency's token price was up 4.5% over the past 24 hours, as of 4:30 p.m. ET. Meanwhile, the price of Bitcoin was up 2.9%, and the price of Ethereum was up 1.7%.
S&P 500 Gains and Losses Today: Walgreens Stock Pops After Promising Results
The S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns about interest rate policy.