This Christmas really was one for the history books. Whiplash, anyone?
Stocks give up gains to end mostly lower in choppy trade as Wall Street capped a volatile, holiday-shortened week.
A massive surge for stocks on Wednesday did little to put bearish worries to rest, with history showing that market surges often occur in the midst of sustained downdrafts.
Treasury yields are falling Friday, capping a weeklong decline, after turbulent trading in stocks sent investors into the perceived safety of bonds during the holiday-shortened week.
As 2018 draws to a close and the reality of recreational marijuana in Canada sinks in, the next round of initial public offerings in the cannabis sector will likely come from U.S.-based companies looking to raise cash.
Highly valued tech companies have taken a beating at the end of 2018, but a group of high-profile private companies are about to give Wall Street a new valuation test in 2019.
It’s been a long, holiday-shortened week for stocks. Our call of the day says all of this chaos could clear up in January.
An explosion at a Con Edison facility in Astoria, Queens shot a streak of blue light into the night sky on Thursday, causing power outages and some locals to fear an extraterrestrial invasion.
Oil continue with zigzag action this week, with prices climbing on Friday as investors waited for big supply data.
Shares of major Chinese developers listed in Hong Kong and on the mainland have recovered after hitting a trough in October.