Tesla Inc.’s stock price has sunk below $260 for the first time since late October. What does that mean? Trying to discern meaning in the particular set of numbers next to the TSLA ticker on any given day is often futile. With a little context, however, that $260 level takes on some interesting dimensions. Most notably, it takes the stock ...

Bloomberg The rally in bonds gained momentum as traders turned their focus to a worrying economic outlook. Stocks fell, while the dollar rose. Treasury 10-year yields slid below 2.4 percent and rates on benchmark German bunds sank deeper under zero after European Central Bank President Mario Draghi said that an accommodative policy stance is still needed. Energy shares led losses ...

Bloomberg China’s financial sector is dividing opinion across its borders in a way not seen since the global credit crisis. Traders on the mainland are paying the most in more than a decade for shares of Chinese banks, brokerages and insurers relative to their offshore-based counterparts, according to data compiled by Bloomberg. The same firm is now on average 54 ...