Wall St deep in bear market as S&P 500 hits new two-year low

Wall St deep in bear market as S&P 500 hits new two-year low

S&P 500 hits lowest since Nov. 2020 Rate-sensitive tech, growth stocks give back gains Energy stocks among rare gainers Indexes down: Dow 0.56%, S&P 0.48%, Nasdaq 0.20% Sept 27 (Reuters) – Wall Street’s main indexes sank deeper into a bear market on Tuesday as an early rally in stocks faltered after Federal Reserve policymakers advocated … Read more

Musk says activating Starlink, in response to Blinken on internet freedom in Iran

Musk says activating Starlink, in response to Blinken on internet freedom in Iran

Starlink logo is seen on a smartphone in front of displayed Ukrainian flag in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – SpaceX CEO Elon Musk said on Friday that he would activate the firm’s satellite internet service, Starlink, in response to … Read more

Goldman Sachs cuts 2022 target for S&P 500 by 16%

Goldman Sachs cuts 2022 target for S&P 500 by 16%

People wearing masks, following the coronavirus disease (COVID-19) outbreak, are seen near an electronic board showing Dow Jones and S&P 500 stock indexes, at the Lujiazui financial district in Shanghai, China November 9, 2020. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – Goldman Sachs has cut its … Read more

Wall Street ends down for third day as growth concerns weigh on tech

Wall Street ends down for third day as growth concerns weigh on tech

Register now for FREE unlimited access to Reuters.com Register Tech stocks down in aftermath of Fed’s latest rate move Investors concerned about possibility of recession Darden Restaurants falls on downbeat quarterly sales JetBlue posts lowest close since March 2020 Indexes down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37% Sept 22 (Reuters) – Major Wall Street indexes … Read more

Canada to drop COVID vaccine requirement to enter country on Sept 30-source

Canada to drop COVID vaccine requirement to enter country on Sept 30-source

A sign pointing to a clinic where residents who are over 50 years old and immunocompromised can receive their second booster shots of the coronavirus disease (COVID-19) vaccines in Waterford, Michigan, U.S., April 8, 2022. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – Canada’s federal government will likely … Read more

Ford stock has biggest daily drop since 2011 after inflation warning

Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs … Read more

Wall Street falls as Fed focus, Ford forecasts, frighten investors

Wall Street falls as Fed focus, Ford forecasts, frighten investors

Register now for FREE unlimited access to Reuters.com Register All eyes on Fed policy decision on Wednesday Ford sees additional $1 bln in inflationary costs, shares fall Nike slips after Barclays downgrade on China lockdown concerns Indexes down: Dow 1.73%, S&P 1.8%, Nasdaq 1.58% Sept 20 (Reuters) – Wall Street fell on Tuesday as traders, … Read more

Musk says Starlink will seek exemption from Iranian sanctions

Musk says Starlink will seek exemption from Iranian sanctions

Register now for FREE unlimited access to Reuters.com Register Sept 19 (Reuters) – SpaceX CEO Elon Musk said on Monday that the company will ask for an exemption from sanctions against Iran to provide the firm’s Starlink satellite broadband service in the country. Musk made the statement on Twitter at a time of widespread protests … Read more

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, ether heads for a  billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. The Ethereum blockchain’s mega-upgrade finally went … Read more

Wall Street flat but trading choppy ahead of Fed rate meet

Wall Street flat but trading choppy ahead of Fed rate meet

Register now for FREE unlimited access to Reuters.com Register All eyes on Fed policy decision on Wednesday Traders price in small chance of 100 bps rate hike Take Two’s GTA VI gameplay footage leaked online Indexes all down 0.05%-0.06% Sept 19 (Reuters) – Wall Street’s main indexes were flat in the early afternoon on Monday … Read more