Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1.3% and 3%
Sebi's easing of investment norms has encouraged MFs to look at the category more seriously
Singles out Apple among top three valuable holdings; snaps up record $24.7 billion of own stock
Video game retailer rose as much as 83% to $168 in New York trading
The sharp moves surprised the market, which thought the excitement behind the recent Reddit-fueled rally had died down
High-flying growth stocks continued to be pressured by valuation concerns
The Fed already conducts tests to address vulnerability to economic or market downturns, and uses the results as a basis for financial institutions' capital requirements
The exchange elicited a mea culpa from Tenev, who admitted the brokerage fell short of meeting its customers' needs
Short sellers borrow shares from brokers and then sell them into the market, with the agreement that they will buy the shares back and return them to the lender at an agreed upon time.
The company cut its Apple stake, still holds $120 bn
Any Buffett disciple who checks in on the billionaire investor's favourite market valuation metric these days may get the urge to shriek in terror
The number of Americans filing new applications for unemployment benefits inched down last week, consistent with a recent stalling in the labor market recovery.
The so-called graded surveillance measure, which was introduced in 2017, is unique and helps prevent GameStop-like surges in small caps
Global stock markets were mixed on Tuesday after another record-setting rally on Wall Street. London and Frankfurt opened lower, while Shanghai, Tokyo and Hong Kong advanced. US futures were lower a day after Wall Street's benchmark S&P 500 index closed up 0.7%. Investors were encouraged by company earnings, news that a surge in coronavirus cases is easing, progress in distributing vaccines and the possibility of U.S. government stimulus. Despite concern prices might be rising too fast, the momentum behind this reflation trade remains a force to reckon with, said Jingyi Pan of IG in a report. In early trading, London's FTSE 100 declined less than 0.1% to 6,518.19 and Frankfurt's DAX lost 0.2% to 14,032.42. The CAC 40 in Paris was unchanged at 5,686.76. On Wall Street, the future for the S&P 500 and Dow Jones Industrial Average were off less than 0.1%. On Monday, the S&P 500, the Dow and the Nasdaq composite all set records. In Washington, President Joe Biden and ...
The largest cryptocurrency is up about 22% this week
Wall Street's main indexes opened higher, as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing.
Stocks at the heart of a recent buying frenzy driven by social media slipped in thin European trade on Thursday
US-based stock trading app Robinhood says the average age of the 13 million users on its platform is 31
Scrutiny of the non-bank financial sector was already expected to be high on newly appointed Treasury Secretary Janet Yellen's agenda
The move comes amid a spike in trading on Wall Street fuelled by small investors driving up shares in GameStop and other stocks