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Wall Street
CDC Endorses Covid-19 Test-to-Stay Strategy for K-12 Schools
Schools can use frequent testing to keep students in class after exposure to someone with Covid-19, federal officials said, embracing a strategy some educators and parents have adopted to keep children out of home quarantines.The Centers…
Texas Hostage Taker Identified as British Citizen Who Traveled to U.S. in Recent Days
The man who took four hostages at a synagogue in Texas on Saturday is a 44 year-old British citizen, the FBI said Sunday.In a statement, the Federal Bureau of Investigation identified the man as Malik Faisal Akram. Mr. Akram died late…
S&P 500 Closes Just Above Bear Market Threshold: Live Updates
Investors are reassessing the premise that justified Tesla’s astronomical stock price and made its founder, Elon Musk, the richest person in the world.Tesla’s $1 trillion valuation made sense only if investors believed the electric car…
Discovery Stock Leaps 17% After Wall Street Analyst Says WarnerMedia Merger Can Yield
Discovery shares, which have been in a funk for months, roared back to life today, jumping 17% on heavy trading volume after a validation from a veteran Wall Street analyst.
Bank of America’s Jessica Reif Ehrlich upgraded Discovery…
‘Spider-Man’ yanks AMC stock 19% higher while a poop-emoji tweet has little effect on
The only thing people were doing more on Thursday and Friday than seeing the new “Spider-Man” movie was getting a positive COVID test result, but retail investors stayed focused on the former and will worry about…
Virgin Orbit’s Nasdaq listing falls short of fundraising target
Virgin Orbit, Sir Richard Branson’s second space company to reach the stock market, is set to start trading publicly on Thursday after raising less than half of its target of almost $500m.The lacklustre debut on the Nasdaq…
Bull market rhymes lead to a turn in the investing cycle
The writer is co-founder and co-chair of Oaktree Capital Management and author of ‘Mastering the Market Cycle: Getting the Odds on Your Side’I’ve lived through (and been schooled by) several significant cycles during my years as…
Wall St edges higher in choppy trade as recession fears linger
Indexes set for weekly declines of between 4.7% and 6%Alibaba jumps on report PBOC accepts Ant Group applicationMarkets closed on Monday for Juneteenth holidayIndexes up: Dow 0.18%, S&P 0.54%, Nasdaq 1.22%June 17 (Reuters) - Wall…
European shares bounce on hopes Omicron may be mild
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 3, 2021. REUTERS/StaffRegister now for FREE unlimited access to reuters.comRegisterTravel stocks jump almost 4%EU regulator backs…
Crypto CEO becomes one of the world’s richest billionaires
Changpeng "CZ" Zhao, who runs the crypto exchange Binance, has joined the ranks of the world's top billionaires, with an estimated net worth of at least $96 billion, according to new calculations from the Bloomberg Billionaires Index…