The selloff underscored renewed investor anxiety over escalating U.S.-China tensions.
Category: Finance News
Stocks making the biggest moves midday: MP Materials, Alibaba, Protagonist Therapeutics & more
These are the stocks posting the largest moves midday.
CPI inflation report will be released by Labor Department, while other data is delayed by shutdown
The Labor Department will bring back staff to work on a key inflation report.
Morgan Stanley drops restrictions on which wealth clients can own crypto funds
Morgan Stanley’s move marks the latest expansion of access to crypto at the world’s largest wealth management firm.
Stocks making the biggest moves premarket: Applied Digital, Mosaic Levi Strauss & more
See which stocks are posting big moves before the bell.
Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’
Waller continues to support lowering rates but said the central bank needs to be careful amid conflicting economic signals.
How the world’s 240,000 crypto millionaires are spending their fortunes
There are now an estimated 241,700 individuals with crypto holdings worth $1 million or more, up 40% from last year, according to new data.
Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say
Treasury plans to hold another round of interviews with all five candidates in the coming weeks and months.
China retaliates against U.S. port fees with new charges on American ships
The move comes a day after China ramped up restrictions on rare earths exports amid ongoing tensions with the U.S.
China’s property slump this year is looking much worse than expected, S&P says
China’s real estate market is on track to drop more than previously expected this year due to the lack of government support, S&P Global Ratings said.