Dow shoots up 750 points as market rebounds after midweek sell-off
The stock market surge accelerated midmorning after dovish comments from Fed president Austan Goolsbee. PCE inflation was cooler than expected.
The stock market is sending a worrying signal that 2025 is going to be a tough year
"Market tops have to start somewhere, and many begin with breadth divergences," Ned Davis Research said.
Singapore Stocks’ Best Year Since 2017 Masks Downbeat Outlook
(Bloomberg) -- Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations over the Straits Times Index’s 15% gain so far this year are likely to be overshadowed by doubts about what lies ahead. Most Read from BloombergThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases
Novo Nordisk stock plunges 20% after a trial of its latest weight loss drug disappoints
The Ozempic maker's stock tanked after its highly anticipated CagriSema drug trial showed an average of 22.7% weight loss, below expectations for 25%.
Penny Stock Applied Therapeutics' FDA Troubles Trigger Investor Lawsuit, Shareholders Claim Deception Over Govorestat Clinical Data
Adrian Alexandru, representing all similarly affected investors, has filed a federal securities class-action lawsuit against Applied Therapeutics (NASDAQ:APLT), alleging the company violated federal securities laws. The lawsuit claims that the company provided misleading information about its clinical trials and failed to disclose key adverse facts, causing significant financial losses for shareholders. Also Read: Rare Disease-Focused Applied Therapeutics' Lead Candidate Govorestat Has Blockbust
The Senate is targeting life-insurance policies that allow the rich to pass down everything from stocks to yachts to their kids tax-free. Here's how it works.
It's perfectly legal to use life insurance to save millions on taxes – for now.
Stocks suffer as Trump calls for US shutdown to ‘begin now’
Donald Trump triggered a turbulent end to the week as stocks plunged after he called for a US government shutdown to “begin now” under Biden, rather than under his administration.
FedEx Spins Off Trucking Unit to ‘Play Offense’ in LTL Market
The logistics giant hopes to unlock more value in making FedEx Freight a standalone public company, all while competing for more volume.
Watch These Nike Stock Price Levels as Strategy Shift Weighs on Outlook
Nike shares lost ground Friday morning after the athletic apparel company warned that its turnaround efforts will take time and weigh on short-term results. Monitor these key chart levels.
European Stocks Suffer Worst Week Since September as Novo Sinks
(Bloomberg) -- European stocks posted the biggest weekly decline in over three months, as Danish drugmaker Novo Nordisk A/S sank 21% after a study showed underwhelming results from its obesity drug trial.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends