Huge losses in derivatives trading at Geode Capital Management have forced the giant investment firm to shut down its hedge fund business. Geode manages all of Fidelity Investments’ stock index funds, and …
Read More »As rising Treasury yields spook equity investors, March looms like a lion
After a hectic February, investors are probably expecting March to stick to its proverb: Come in like a lion, come out like a lamb. Indeed, February turned out to be a disaster, …
Read More »The ‘head banging madness’ has reached new heights in today’s markets, says hedge fund billionaire Paul Singer
“ “We believe that hindsight will show that the champion of head-hitting madness in the US stock market is the period that is unfolding right now.” “ That’s billionaire Paul Singer of …
Read More »Tech names drag European stocks lower after brutal Wall Street session
Tech stocks took the brunt of the losses in European stocks on Friday, catching up with a tough day on Wall Street. But US equity futures rose slowly as bond yields declined. …
Read More »3 reasons why rising bond yields are gaining steam and shaking the stock market
Most investors expected yields to rise throughout this year, but few were prepared for the speed of the recent surge that sent the benchmark 10-year Treasury bond over 1.5%, compared to 1.34% …
Read More »Stock futures falter after Dow record
US equity futures fell on Thursday despite data showing the economy continuing to slowly recover. Futures linked to the S&P 500 were down 0.3%. Nasdaq-100 futures fell almost 0.8%, suggesting sharp declines …
Read More »Stock futures mark lower ahead of new Powell testimony
US equity futures fell as investors waited for further comment from Jerome Powell, a day after the Federal Reserve chairman’s comments calmed volatile markets. Futures linked to the S&P 500 were down …
Read More »Stock futures fall ahead of Powell’s comments
US equity futures fell Tuesday as investors waited for Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures linked to the S&P 500 were down 0.1%. …
Read More »Stock futures tumble, pointing to a pullback in tech stocks
US stock futures fell on Monday, pointing to losses for the major indices as rising bond yields raised concerns that tech stocks look too expensive. Futures pegged to the S&P 500 fell …
Read More »Bitcoin’s $ 1 Trillion Market Valuation Is Twitter Gold
Bitcoin was forging a new story on Friday and generating a lot of buzz on Wall Street and Main Street alike, as well as on social media platforms, as the world’s number …
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