Federal Reserve reviews ethics policies after prolific trading uncovered
The Federal Reserve is reviewing the ethics policies that cover the financial holdings of its senior officials in the wake of disclosures that two regional Fed presidents engaged in extensive trading last year.
Robinhood goes public, eyes expansion beyond trading
Shares of Robinhood Markets are set to begin trading on the Nasdaq Thursday, a highly anticipated initial offering by the company that's drawn a new generation of investors into the market.
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How unconventional trading led to turmoil on Wall Street
In late January, a handful of unlikely Wall Street stocks began skyrocketing in value, which has led to big market volatility. The spike was driven by an unconventional group of traders who had banded together on a buying spree, determined…
Wall Street drifts near records following weak jobs report
The Dow Jones Industrial Average was swinging between gains and losses and was down 20 points, or 0.1%, at 31,020, as of 12:15 p.m. Eastern time, and the Nasdaq composite was 0.8% higher. All the major U.S. stock indexes set…
The S&P 500 rose 0.1%, but only after a roller-coaster day where a gain of 0.9% gave way to a loss of 0.9%.
Stocks are drifting in early trading on Wall Street Friday, the latest eddies in a week full of erratic swings driven by worries about rising coronavirus counts.
In our news wrap Friday, smoke from wildfires outside Ukraine’s capital of Kyiv has elevated its air pollution levels to the highest in the world. The fires erupted earlier this month, burning close to the defunct Chernobyl nuclear plant. Also,…
Stocks are rising Friday as investors latch onto strands of hope about progress in the fight against the coronavirus.
Treasury yields sank as investors moved into safer investments. Stocks worldwide fell following a weak reading on Japanese business sentiment and after big British banks cut their dividends to preserve cash. …
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