Stocks edge lower on Wall Street, pulled down by Big Tech
Stocks edged lower in midday trading on Wall Street Friday, pulling major indexes back from record highs as investors review the latest round of corporate earnings.
Solid earnings drive U.S. stocks further into record heights
The S&P 500 was up 0.3%. Big technology companies were doing much of the heavy lifting, and that helped send the Nasdaq up 0.3%. The Dow Jones Industrial Average climbed 0.1%. UPS jumped 7.4% after the package delivery service reported…
S&P 500 fell 4.8% in September, worst month since March 2020
After climbing steadily for much of the year, the stock market became unsettled in recent weeks with the spread of the more contagious delta variant of COVID-19, a sudden spike in long-term bond yields and word that the Federal Reserve…
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.
Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around the world will threaten the economic recovery.
Robinhood Financial will pay a $57 million fine and return another $12.6 million to thousands of its customers to settle accusations of a wide range of supervisory failures.
Former financier Bernie Madoff, who organized the largest fraud in wall street's history, died Wednesday. He swindled major charities, universities and celebrities out of billions, and was serving 150 years in prison. Stephanie Sy has our report about his rise…
The GameStop episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.
The tools smaller-pocketed investors employed can be used again and again, if those smaller investors stay connected on social media forums and if regulators don't change the rules to hinder them.
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