U.S. stocks slipped from record highs on Monday and the dollar softened as investors cashed in on recent gains and turned their focus to the Federal Reserve's policy meeting, starting Tuesday, for clues on the outlook for monetary policy.
Wall Street indexes hovered near record highs on Monday in a week packed with heavyweight technology earnings, with investors staying away from big bets in the runup to a policy meeting by the Federal Reserve.
What happened
Shares of some Bitcoin (CRYPTO: BTC) stocks were up by double-digit percentages Monday morning. The original cryptocurrency was up more than 13% as of noon EDT today from where it traded on Friday, and various Bitcoin stocks and ETFs adjusted higher as well.
Digital banking platform Solarisbank said on Monday it had raised 190 million euros ($224 million) from investors and was spending a chunk of the money to gain a foothold in Britain by acquiring smaller peer Contis.
The chatter calling for Amazon.com (NASDAQ: AMZN) to execute a stock split is diminishing, but that's surprising. The stock continues to rise, making the arguments for a lower share price via a split all the more tantalizing.
The dollar edged lower on Monday against a basket of other currencies as investors' focus turned to this week's U.S. Federal Reserve meeting, while cryptocurrency prices rose to their highest in weeks.
Stock markets fell on Monday as concerns over tighter regulations in China mounted amid caution ahead of a huge week for U.S. corporate earnings and a Federal Reserve meeting.
Database specialist MongoDB (NASDAQ: MDB) has been a great investment in recent years. Since 2018 the stock is up over 1,000%, crushing the 65% return of the broader market. Even so, digital transformation is driving the need for a more modern database platform, and MongoDB has b
The dollar slipped against a basket of currencies on Monday as investors turned their focus to this week's Federal Reserve meeting and cryptocurrencies jumped to their highest levels in weeks.
Calder Brothers Corp is under pressure to raise wages after rivals lured away some of its workers. A few others were also considering jumping ship, but co-owner Glen Calder said the South Carolina-based construction machinery company managed to persuade them to stay by promising a better career.
If you've ever wondered why Wall Street pays such close attention to 90-year-old investor who believes in buying and holding stakes in great businesses for a really long time, look no further than Warren Buffett's track record. As CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK
Stock markets fell on Monday as concerns over tighter regulations in China mounted amid caution ahead of a huge week for U.S. corporate earnings and the Federal Reserve meeting.
The dollar slipped against a basket of currencies on Thursday as investor focus turned to this week's Federal Reserve meeting, while cryptocurrencies jumped to their highest levels in weeks.
The safe-harbour yen and dollar started the week firmer against riskier currencies like the Aussie as rising COVID-19 cases and a decline in Asian equities set a cautious tone ahead of the Federal Reserve's meeting this week.
Asian shares skidded to their lows for this year on Monday as concerns over tightening regulations upended Chinese equities and strong U.S. corporate earnings sucked funds out of emerging markets into Wall Street.
Asian shares skidded to seven-month lows on Monday as regulation concerns upended Chinese equities and strong U.S. corporate earnings sucked funds out of emerging markets into Wall Street.
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment.
Asian shares struggled to rally on Monday as super-strong U.S. corporate earnings sucked funds out of emerging markets and into Wall Street, where records were falling almost daily.
Three "big techs" scheduled to report their second-quarter 2021 results this week are Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) on Tuesday, July 27, Facebook (NASDAQ: FB) on Wednesday, and Amazon (NASDAQ: AMZN) on Thursday. All three report after the market close.(App