7+ hour, 36+ min ago   (662+ words) Bitcoin is holding around US$77,000 as cryptocurrency markets head into a potentially decisive week, with traders increasingly convinced the US Federal Reserve will raise interest rates on Wednesday. The world's largest cryptocurrency was trading at roughly US$77,000-US$77,200 on Monday…...

3+ day, 12+ hour ago   (829+ words) Wall Street closed lower for a fourth straight session on Thursday as investors digested fresh wholesale inflation data and continued to grapple with rising bond yields and oil prices above $100 a barrel. The Dow Jones Industrial Average fell 317 points, or…...

3+ day, 17+ hour ago   (564+ words) As the conflict with Iran drags on longer than many expected, LPL's Jeffrey Roach said that inflation pressures are becoming increasingly entrenched, leaving investors in search of a catalyst strong enough to change the inflation narrative. "At this rate, a…...

3+ day, 19+ hour ago   (217+ words) US producer prices rose 0.4% in August, in line with expectations, while the annual PPI rate accelerated to 5.4%, slightly above forecasts of 5.3%. Core PPI increased 0.2% on the month, below the 0.3% forecast, while the annual core rate matched expectations at 4.6%. Meanwhile, initial…...

4+ day, 12+ hour ago   (929+ words) Wall Street extended its selloff on Wednesday, with the Dow Jones Industrial Average falling 440 points as oil prices topped $100 a barrel and Treasury yields climbed to their highest levels in nearly three years. The Dow closed at 52,346, down 440 points, or…...

5+ day, 12+ hour ago   (661+ words) US stocks closed sharply lower on Tuesday as surging oil prices revived inflation worries and pushed investors to reassess the outlook for interest rates. The Dow Jones Industrial Average led the selloff, dropping 628 points, or 1.2%, to 52,786. The S&P 500 fell…...

5+ day, 18+ hour ago   (253+ words) The Dow Jones led Wall Street lower at the open on Tuesday as rising oil prices and an escalating US-Canada trade dispute added to inflation concerns at the start of the holiday-shortened week. The Dow fell 588 points, or 1.1%, to 52,826, while…...

1+ week, 4+ day ago   (837+ words) Wall Street eked out a modest recovery Wednesday, with all three major indexes finishing higher as a pause in the climb of Treasury yields gave investors some breathing room. The Dow Jones gained 295 points, or 0.6%, to 53,062, while the S&P…...

1+ week, 4+ day ago   (143+ words) Wall Street can't shake off the war jitters. Futures are pointing lower again, with the tech-heavy Nasdaq off 0.6%, the S&P down 0.2% and the Dow sitting on the gain line. On the commodities market, Brent punched above $95 a barrel after…...

1+ week, 5+ day ago   (200+ words) Stock futures wobbled on Tuesday morning as investors weighed the fallout from the weekend's escalation in Iran, a jittery bond market and the growing chance the Fed might hike rates again. Dow and S&P 500 futures slipped around 0.5%, while Nasdaq…...