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Stocks Edge Higher in Run-Up to US Inflation Data: Markets Wrap – Yahoo Finance

(Bloomberg) — Stocks struggled to rise as traders awaited a key inflation reading that will help shape prospects for the Federal Reserve’s next steps. Most read articles on Bloomberg Stocks edged lower after rebounding from Monday’s market sell-off that rocked trading around the world. The Consumer Price Index appears to have edged up in July, […]

Walz owns no stocks, securities or real estate, per disclosures

Minnesota Governor Tim Walz, the new Democratic vice presidential nominee, doesn’t own any stocks, securities or real estate, according to his latest financial disclosures. Axios Leads the Way Reported disclosure The announcement on Wednesday came after it was announced Tuesday that Walz would run alongside Vice President Harris as the Democratic nominee against former President […]

Japanese Stocks Lose More Points than on ‘Black Monday’ in 1987

Fears of a looming economic recession due to the policies of U.S. Independents Joe Biden and Kamala Harris sent Japan’s stock market into panic on Monday, causing its worst one-day sell-off in history and causing a deeper drop than “Black Monday” in October 1987. The Nikkei’s dizzying drop of 4,451.28 points, driven by increased trading […]

What's behind the massive selloff in tech stocks?

Shares of big technology companies fell sharply on Monday morning amid a broader market sell-off. Nvidia was the biggest faller among the Magnificent Seven tech stocks, opening 14.2% down from Friday’s closing price. Tesla opened down 10.9%, Apple was down 9.6% and Amazon was down 8.2% at the start of trading. Meta, the parent company […]

Biden-Harris Economic Aide Leaves for Campaign as Stocks Plunge, Recession Fear Takes Hold

Gene Sperling, a senior Biden-Harris economic adviser, left the White House on Monday for a campaign trip, the same day that U.S. stocks plummeted and fears of an economic recession became apparent. Sparring is departure Sperling will become a senior economic adviser to Harris’ presidential campaign policy team. He served under Presidents Bill Clinton and […]