Stock market today: Wall Street inches higher to set more records – The Associated Press
NEW YORK (AP) – U.S. stocks set another record in crowded trading Tuesday, adding to what has already been a great year. The S&P 500 rose 2 points, or less than 0.1%, to its 55th all-time high this year. It's up 10 of the past 11 days and is on track for one of its […]
New ETF gives regular investors access to booming new market on Wall Street – CNBC
The title of the new fund hitting the market on Tuesday includes a phrase familiar to ETF investors: “Private Credit.” The BondBloxx Private Credit CLO ETF (PCMM) will be listed on the Nasdaq on Tuesday, part of a broader effort to make lending by non-bank financial companies more easily available to everyday investors. Private credit […]
Stock market today: Wall Street hangs near its records – Yahoo Finance
NEW YORK (AP) — U.S. stocks hovered near all-time highs Tuesday ahead of the week's first big update on the strength of the job market. The S&P 500 was mostly flat in early trading, a day after hitting a new all-time high on the back of gains in tech stocks. 54th record this year. As […]
Art Cashin, Wall Street veteran for over 60 years, dead at 83
Art Cashin, a floor operations director at New York Stock Exchange's UBS who spent more than 60 years on Wall Street, has died at the age of 83. “It is with heavy hearts that we announce the passing of Arthur Cashin Jr., a true giant in our industry and a highly regarded market commentator,” said […]
Jane Street Says Ex-Trader Mocked ‘Dumb’ Millennium Strategies – Yahoo Finance
(Bloomberg) – A former trader who claims Jane Street Group secretly stole a multibillion-dollar Indian options strategy for Millennium Management previously called his new employer’s own strategy “stupid.” He announced that he was mocking him. Most Read Articles on Bloomberg Jane Street said in a court filing last week that Doug Schadewald's comments were based […]
Luxury department store Printemps moves up US debut at One Wall Street, developer says
French luxury department store Printemps plans to open its first U.S. store in March, according to One Wall Street developer Harry McCraw. The long-awaited launch (previously reported to take place in the spring) may be the retail-starved FiDi space's most significant debut yet. French luxury department store Printemps plans to open its first U.S. store […]
BlackRock, State Street, Vanguard sued by GOP states over ESG goals
BlackRock, State Street and Vanguard have been accused by Texas and 10 other Republican-led companies of violating antitrust laws through climate action efforts that have led to a decline in coal production and higher energy prices. He is being sued by the state. Wednesday's complaint, filed in federal court in Tyler, Texas, is one of […]
ZOA Urges Jewish Community to Boycott J Street over Support for Arms Embargo
The Zionist Organization of America (ZOA), the oldest pro-Israel group in the United States, called on Jewish community groups to boycott left-wing J Street because of its support for an arms embargo against Israel. J Street, which was funded by left-wing billionaire George Soros and lied for years, often opposes the Israeli government in Congress, […]
GOP states sue ESG ‘cartel’: BlackRock, Vanguard, State Street accused of manipulating energy market
A coalition of 11 Republican-led states lawsuit On Wednesday, it accused three asset management companies of violating antitrust laws against BlackRock Inc., Vanguard Group Inc. and State Street Corp. The company's efforts to promote environmental, social and governance standards have led to lower coal production and higher energy prices, according to the complaint. The companies […]
Dow tops 45K for first time but Wall Street slips as tech stocks slump
The Dow topped 45,000 for the first time, but Wall Street's major indexes fell on Wednesday, with the Nasdaq leading the decline as tech stocks fell ahead of the Thanksgiving holiday. Meanwhile, investors were watching to see what the Federal Reserve's next action would be based on the outlook for inflation. In afternoon trading, the […]