Topline Stocks fell on Monday as markets brace for the start of earnings season—with several major companies reporting quarterly results this week, as investors also remain nervous about the upcoming June inflation report and what it could mean for the economy. Enough already: Markets are expecting another red-hot inflation report this week. Spencer Platt/Getty Images … Read more
Text size Investor sentiment seemed downbeat as the new week started. Ed Jones/AFP via Getty Images The stock market dropped Monday, after news that China is imposing more Covid-related restrictions. That’s a near-term problem, but markets are more focused on inflation and earnings. The Dow Jones Industrial Average fell 164 points, or 0.5%. The S&P … Read more
A month after the implosion of the Terra stablecoin sent the crypto market reeling, another crisis is causing fresh angst across the entire digital-asset universe. Celsius Network Ltd., one of the biggest lenders in crypto and a key player in the world of decentralized finance, said late Sunday that it was pausing withdrawals, swaps and … Read more
Stocks in Europe rebounded on Tuesday along with US equity futures, and Treasuries snapped a four-day selloff as sentiment steadied after a market rout driven by expectations of sharper Federal Reserve interest-rate hikes to fight inflation. The Stoxx Europe 600 index climbed about 0.9% at the open, with banks and technology shares leading a broad-based … Read more