Category: Markets

New York (CNN Business)The S&P 500 (SBSPX) has posted its worst first half in more than 50 years, dropping 20.6% during the first 6 months of 2022. Stocks closed down … Read More

Markets again turned lower on Thursday, with the Nasdaq leading the charge , down over 30 basis points. The S&P 500 and Dow Jones industrials were each lower as well, … Read More

British drug major AstraZeneca Plc. (AZN.L,AZN) Thursday announced positive high-level results from a planned interim analysis of the AEGEAN Phase III trial that evaluated Imfinzi (durvalumab) plus chemotherapy in resectable … Read More

After ending the previous session little changed, treasuries showed a strong move to the upside during trading on Wednesday. Bond prices moved notably higher in morning trading and remained firmly … Read More

After last week’s rally, markets have been under pressure this week, giving more credence to a bear market rally. But while some stocks saw a bounce recently, one major Wall … Read More

Hong Kong (CNN Business)Tencent’s biggest shareholder will reduce its stake in the social media and gaming giant, just over a year after promising it would not sell the stock for … Read More

Following the pullback seen in the previous session, treasuries showed a substantial move back to the upside during trading on Wednesday. Bond prices moved sharply higher early in the session … Read More

New York (CNN Business)Move over, GameStop and AMC. And forget about bitcoin and other cryptocurrencies. Revlon, the struggling makeup and cosmetics company that filed for bankruptcy last week, is the … Read More

A refinancing boom is eroding the major banks’ dominant share of the $2 trillion mortgage market, as their customers shop around for more competitive interest rates with minor lenders. Figures … Read More

It is no secret that rising prices for crude oil have lifted the share prices of U.S. oil producers. Not as obvious, perhaps, is that shares of Canada’s top crude … Read More