The top United States securities regulator has unveiled a planned overhaul of Wall Street retail stock trading rules, aiming to boost competition for handling orders by commission-free brokerages to ensure mom-and-pop investors get the best price for trades. On Wednesday, US Securities and Exchange Commission (SEC) Chair Gary Gensler told […]
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Asian Markets Mixed After Wall St Bond Sell-Off | Business News
By JOE McDONALD, AP Business Writer BEIJING (AP) — Asian stock markets were mixed Tuesday following a bond sell-off on Wall Street amid anxiety about higher U.S. interest rates. Shanghai and Tokyo advanced while Hong Kong and Seoul declined. The yen, already trading at two-decade lows, fell further to below […]
Asian Shares Mixed After Wall St Barely Misses Bear Market | Business News
By ELAINE KURTENBACH, AP Business Writer Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday. Tokyo and Sydney were higher Monday while Hong Kong and Shanghai declined. Investors were awaiting minutes from the latest policy setting meeting of […]
How Carvana went from a Wall Street top pick to meme stock trading
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and most profitable used car retailer in the world. Its stock price has marched this year as well, just in the […]
Asian Shares Track Technology-Led Sell-Off on Wall Street | Business News
By ELAINE KURTENBACH, AP Business Writer Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology stocks on Wall Street. Hong Kong’s benchmark dipped 1.5% in early trading following the arrests of several prominent democracy advocates, including a retired Roman […]
Technology stocks lead Nasdaq much lower on Wall Street
Placeholder while article actions load Technology stocks got battered again Monday, with the Nasdaq closing down more than 4 percent as investors dumped shares in household-name companies, concerned about the prospects of slower growth, higher inflation and climbing interest rates. After notching its worst month since 2008 in April, the […]