The Dow Jones Industrial Average fell 588.86 points, or 1.73%, to 33,490.32
Small teams have been making the most of global price shocks with volatile trades
The S&P 500 was down 16.85 points, or 0.39%, at 4,332.02, and the Nasdaq Composite was down 46.13 points, or 0.34%, at 13,501.94
U.S. stock futures and European stocks lost earlier gains made on news that U.S. President Joe Biden and Russian President Vladimir Putin had agreed in principle to hold a summit on the Ukraine crisis
U.S. President Joe Biden and Russian President Vladimir Putin have agreed in principle to hold a summit on the Ukraine crisis
S&P 500 stock futures rose 0.5%. Nasdaq futures gained 0.3%, having been down more than 1%. U.S. markets are on holiday on Monday, but futures still traded
Morgan Stanley and Passi are intertwined in a sprawling US probe into whether bankers are improperly tipping off investors to stock sales
S&P 500 was down 55.33 points, or 1.24%, at 4,419.68, and the Nasdaq Composite was down 177.35 points, or 1.26%, at 13,946.75
The New York Stock Exchange defines a block as at least 10,000 shares or a quantity of stock having a market value of $200,000 or more, whichever is less
Shares of ViacomCBS tumbled 19.1% after the media conglomerate missed quarterly profit expectations
US consumer prices showed the biggest annual increase in 40 years, data released late on Thursday showed
The S&P 500 is now down about 5% in 2022, and the Nasdaq is down about 9%
Twitter had an average of 217 million daily active users in the fourth quarter, up from 192 million a year earlier
Facebook owner Meta Platforms surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value.
Megacap names such as Meta Platforms Inc, Google-owner Alphabet Inc, Tesla Inc and Microsoft were up between 1.2% and 2.5%
Global stocks and Wall Street futures rose Wednesday as investors waited for US inflation data for signs of how fast the Federal Reserve might pull back stimulus. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. US inflation data on Thursday are expected to show inflation rose to a four-decade high of 7.3 per cent in January, adding to pressure to control prices. Traders expect the Fed to hike rates at least four times this year, starting next month. Wall Street's rebound "suggests an attempt by the equity bulls to regain some control," Yeap Jun Rong of IG said in a report. Much will depend on the upcoming US inflation data to ease some concerns about tightening ahead. In early trading, the FTSE 100 in London rose 0.6 per cent to 7,612.25 and the DAX in Frankfurt added 0.7 per cent to 15,359.40. The CAC 40 in Paris advanced 0.9 per cent to 7,095.45. On Wall Street, the future for the benchmark S&P 500 index was up 0.3 per cent. That for the Dow Jones ...
Investors across asset classes are devoting considerable thought to the pace and timing of interest rate hikes by central banks across the world.
The euro retreated as the European Central Bank tried to cool interest rate hike expectations.
Swaps markets by late Friday gave roughly 50 percent odds to such a move, though they have since eased back to around 32 per cent
Markets are on alert for rate rises in both the euro zone and the United States after the ECB last week was considered to have adopted a more hawkish tone.