Stocks

Bloomberg US stocks were lower but regained some of their early losses, as investors assessed fears of increasing trade tensions around the world. The dollar climbed, roiling emerging markets, while oil retreated from its highest level since 2014 following President Donald Trump’s call for Saudi Arabia to increase production. The S&P 500 Index was down roughly 0.3 percent after falling ...

Bloomberg Bitcoin jumped on Monday, giving a positive jolt to a digital-coin market that had lost about half of its value since early May. The largest cryptocurrency climbed 7.3 percent to $6,328 from June 28, heading to its biggest one-day increase since April, according to composite prices compiled by Bloomberg in New York. The token’s largest peers — Ripple, Ethereum ...

Bloomberg However paltry the S&P 500’s return in the first half of 2018, at least it rose. Going by history, it’s a signal the rest of the world’s equity markets may be able to take solace in. Books have closed on a tumultuous six months that saw volatility surge amid trade wars and a faster-moving Federal Reserve. But while the ...

Bloomberg The weekend is offering some respite for Bitcoin investors. The bellwether of the cryptocurrency world rose 8 percent to $6,338.22 in New York on June 30, according to Bitstamp prices. The gain, which comes after the digital asset crashed through the $6,000 threshold for the first time since February, means the token has still lost about two-thirds of its ...

Bloomberg A global trade war is looming and emerging markets are plunging. Time to pile into US stocks. That’s the message from Wall Street prognosticators, who have stuck with full-year forecasts during a first half that’s been anything but smooth. After a torrid start to the year, the S&P 500 plunged into its first correction since 2016 and spent the ...

Bloomberg US stocks pared gains amid fresh tough talk on trade by a Trump administration official. Treasuries advanced with the dollar and oil gained. The S&P 500 pared two-thirds of a gain that reached 0.9 percent, while the technology-heavy Nasdaq indexes turned lower after Larry Kudlow said America is not retreating in its approach on trade. Stocks rose at the ...

Bloomberg Uphold, an exchange for digital coins and currencies, agreed to acquire New York-based broker-dealer JNK Securities Corp., the latest push by a crypto platform to position itself in more regulated markets. “Many crypto assets (particularly ICO tokens) may be treated as securities in some cases,” Uphold Chief Executive Officer Adrian Steckel said. “Through Uphold’s new securities division, the digital ...

Bloomberg US stocks fluctuated after the biggest selloff since April, as investors assessed the outlook for trade and its implications on global growth. The dollar rose and gold fell. The S&P 500 Index gyrated at its 50-day moving average, while the Dow Jones Industrial Average clung to small gains. Technology shares hit hardest bounced back to give the Nasdaq indexes ...

Bloomberg Bitcoin bulls are seeking support at the $6,000 price level after the battered digital currency dropped below that threshold for the first time since February over the weekend. The biggest cryptocurrency rose less than 1 percent from its Friday close to $6,103 in New York, according to composite Bloomberg pricing. It slumped to as low as $5,780 on Sunday, ...

Bloomberg US stocks slid to three-week lows as President Donald Trump’s threats of more trade protectionism against major partners were met with Chinese and European vows of retaliation, rattling global equities and sparking demand for the safety of bonds. The S&P 500 Index fell to the lowest since May, with technology shares leading declines on reports the US Treasury Department ...