Stocks

Bloomberg The US Securities and Exchange Commission obtained a court order freezing the assets of an Texas-based initial coin offering (ICO) that claimed to have raised more than $600 million. The order filed in federal court in Dallas halts AriseBank from raising any additional cash from investors, according to a statement from SEC. The agency alleges Jared Rice, 29, illegally ...

Bloomberg All major US stock indexes declined and Treasuries extended a selloff that’s taken yields to the highest since early 2014 as traders gear up for a hectic week of data and policy announcements. The dollar strengthened against its biggest rivals. The euro retreated as German bonds dropped for a fourth day, while the Stoxx Europe 600 Index inched lower ...

Bloomberg Cryptocurrency-related stocks rallied in Japan on Monday, even as news of a $500 million heist at an exchange run by Coincheck Inc. spawned security concerns about digital money. Remixpoint Co. rose as much as 6.1 percent after the BITPoint exchange operator said it will list more coins in a bid to win over customers. GMO Internet Inc. advanced as ...

Bloomberg The dot-com bubble was a lot more picky. Even on the day the S&P 500 Index hit its March 2000 peak an investor could buy a third of the index for less than 11 times earnings. Today that figure is just 6 percent. While the average valuation for the gauge of US equities is the same between the two ...

Bloomberg You’ve traded on inflation data and the prospect of rising sovereign-debt supply. You’ve wagered on Federal Reserve meetings and what the next chairman might do. And you’ve bet on jobs and wage growth that exceed or miss targets. Now try doing it all in one week. With yields threatening to leap higher, bond traders will grapple this week with ...

Bloomberg The world’s most volatile new stocks are vanishing from Hong Kong after regulators tightened oversight of the city’s small-cap Growth Enterprise Market. Stocks debuting on GEM in the past 12 months rose an average 23 percent on their first day of trading, down from an eye-popping 605 percent for the year through January 2017, according to data compiled by ...

Bloomberg US stocks declined as Trump administration officials stepped up protectionist rhetoric. The dollar sank to a three-year low after American officials endorsed a weaker currency to boost exports. Comments from Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin set the tone on global financial markets on Wednesday, with the officials blaring the Trump team’s America First message before ...

Bloomberg Gold advanced for a fifth day, heading for the highest close since August 2016, as investors got behind a rally brought on by a falling dollar. Volume soared in the futures market, with trading more than double the daily average. Metal for immediate delivery climbed above $1,350 an ounce after holdings in exchange-traded metal climbed to the highest level ...

Bloomberg US stocks pushed higher amid strong corporate results, while Treasuries rose after the Bank of Japan signalled it’ll maintain stimulus. The dollar declined. The S&P 500 Index gained for the third day in a row as investors digested strong earnings, including from Netflix Inc., which helped drive tech shares higher. Of the 68 firms in benchmark that have reported ...

Bloomberg Stocks and Treasuries gained, while the dollar erased losses as the US Senate prepared to vote on ending a partial government shutdown. The S&P 500 Index rose following a third straight weekly advance as investors awaited about 80 earnings reports this week, including from Netflix Inc. and Proctor & Gamble Co. The dollar edged higher along with 10-year Treasuries ...