Executives from trading platform Robinhood and hedge funds Melvin Capital and Citadel Securities will be grilled following the retail-driven trading frenzy that sparked wild gyrations in GameStop
GameStop, the video game chain whose 1,700% rally has been at the heart of the slugfest in the past week, retreated after initially adding another 37% in early tradin
Wall Street’s main indexes were on track for their sharpest one-day declines in nearly six weeks on Wednesday after a report on private sector hiring suggested that fallout from the U.S.-China trade war is contaminating the U.S. economy.
Apple Inc boosted the S&P 500 and the Nasdaq on Monday, even as gains were limited by mixed economic cues in the face of a prolonged U.S.-China trade war.
U.S. stocks fell on Tuesday after the United States and China imposed new tariffs on each other and data showed U.S. factory activity shrank in August for the first time since 2016, renewing growth fears.
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell.
The S&P 500 edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S. President Donald Trump on trade also weighed on the benchmark index.
Wall Street’s main indexes gave up gains to trade slightly lower on Tuesday, as declines in industrial companies dampened early optimism over easing trade tensions and the prospect of an interest rate cut by the Federal Reserve.
U.S. stocks went back into the red on Monday after regulatory fears sent shares of internet giants Alphabet, Facebook and Amazon.com sharply lower, particularly weighing down on the tech-laden Nasdaq.
U.S. stocks gained on Friday, ahead of a long Memorial day weekend, after U.S. President Donald Trump predicted a swift end to the ongoing trade war with China.
Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm.
Uber Technologies Inc’s shares made a disappointing market debut on Friday, marking a rocky start for the most anticipated initial public offering of the year as other high-profile startups such as Slack and WeWork look to go public.
Wall Street’s main indexes were lower on Thursday, as tensions flared up ahead of a high-stakes U.S.-China trade meeting, potentially prolonging a dispute that has threatened global financial markets and economic growth.
U.S. stocks edged higher on Wednesday, on track to snap this week’s streak of losses as investors clung to hopeful notes within the latest developments in U.S.-China trade relations ahead of a crucial round of negotiations.