tumble
US stock futures were lower but digging themselves out of a deeper sell-off on Friday, after Israel’s retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold. Dow Jones Industrial Average (
June 27 (Reuters) – U.S. health regulators on Tuesday declined to approve a higher-dose version of Regeneron Pharmaceuticals’ (REGN.O) drug Eylea for treatment of a disease that is leading cause of blindness among the elderly, the company said as shares fell on the setback to its effort to defend the blockbuster treatment against a . […]
May 2 (Reuters) – Shares of U.S. regional banks PacWest Bancorp (PACW.O) and Western Alliance Bank (WAL.N) plunged on Tuesday as the demise of First Republic Bank
Feb 9 (Reuters) – A 46% drop in natural gas prices this year is rippling across the U.S. shale patch, threatening to slow drilling and chill deal-making in a move unthinkable six months ago as global demand soared. Analysts are chopping their outlook for gas prices this year, and for production and earnings. The drop […]
NEW YORK, Dec 22 (Reuters) – This year’s steep decline in U.S. equities is juicing the returns of short sellers, who are on track for their first yearly gain since 2018 thanks in part to bets against shares of Tesla (TSLA.O), Amazon.com
WARREN — The local housing market continued in a bit of a slump last month, posting losses in homes sold and available listings compared with October 2021. Still, homes sold despite higher mortgage rates, and the ones that did spent less time on the market than they did last year, according to the […]
Benchmark indexes across Asia fall after US central bank raises key rate to the highest level in 15 years. Asian stock markets have tumbled after the United States Federal Reserve added to recession fears by saying it was not finished raising the country’s interest rates to cool inflation. Hong Kong’s benchmark lost 3.1 percent on […]
NEW YORK, Oct 21 (Reuters) – Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness from a Federal Reserve bent on taming the worst inflation in decades. It’s a refrain that has been heard more than once in 2022, as a steep selloff in Treasuries steamrolls investors […]
A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images The U.S. said it would grant a temporary license from Oct. 21 through to April next year to allow businesses to manufacture some of the high-tech products in China for use outside the country. […]
SHANGHAI, Oct 10 (Reuters) – Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, following the latest U.S. crackdown on . . .