Slideshow ( 2 images )(Reuters) – GameStop and other “meme stocks” mounted a late-day rally on Monday, with shares of the video game retailer climbing nearly 32% at one point […]
Nasdaq futures subdued as tech sell-off deepens
(Reuters) – Futures tracking the tech-heavy Nasdaq were muted on Wednesday after sliding for six straight sessions as investors swapped growth-oriented technology shares with stocks that stand to gain the […]
Explainer: U.S. Treasury's cash drawdown – and why markets care
LONDON (Reuters) – The U.S. Treasury is due to run down a $1.6 trillion bank account at the Federal Reserve as government spending ramps up in the months ahead – […]
Wall Street opens higher as tech finds respite at end of torrid week
FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in Manhattan in New York City, New […]
Traders chase sky-high returns in leveraged exchange traded products
NEW YORK (Reuters) – Frenzied speculation in the shares of GameStop may have subsided, but it is business as usual in a small corner of the market where traders looking […]
U.S. judge will not stop land transfer for Rio Tinto mine in Arizona
(Reuters) – A federal judge on Friday said he would not stop the U.S. Forest Service from transferring government-owned land in Arizona to Rio Tinto Plc for its Resolution Copper […]
White House meets with airline CEOs on COVID-19 travel issues
Slideshow ( 2 images )WASHINGTON (Reuters) – The chief executives of major U.S. airlines, including American Airlines, Southwest Airlines and United Airlines, met virtually with the White House’s COVID-19 response […]
Wall Street rally pauses as big tech loses steam
(Reuters) – The S&P 500 and the Nasdaq edged slightly higher after slipping from record levels in volatile trading on Wednesday, as energy and financials rose but some big tech […]
Wall Street ends up sharply, led by gains in tech shares
(Reuters) -U.S. stocks ended sharply higher on Monday, led by gains in technology shares after last week’s steep market sell-off, while mining shares rose as the retail trading frenzy shifted […]
U.S. consumer spending falls for second straight month in December
FILE PHOTO: A woman walks through a shopping mall in San Francisco, California January 5, 2012. REUTERS/Robert Galbraith WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month […]