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Stocks tally worst session in a month as weak bond-market auction has investors wondering how U.S. will manage its debt
Investors have been warily eyeing rising Treasury yields since the start of May, with some fretting that the latest jump in borrowing costs could soon start hurting stocks.
Bitcoin hits new price highs as crypto industry scores wins
Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Donald Trump’s inauguration. The digital asset traded above $109,400 Wednesday
Stock market falls sharply after Target reports sales drop
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Target sales plummet amid tariffs, inflation and boycotts
Target sales plunged in the first quarter amid concerns about Trump's tariffs, inflation and backlash to its pull back on DEI
Stock market tumbles after uncommon event
The stock market has rallied sharply since President Donald Trump paused most reciprocal tariffs on April 9. The S&P 500 has gained nearly 20% over the period, which includes an impressive stretch of
Dow sinks 800 points as bond market starts to freak out over Trump’s tax bill
The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%. The three major indexes each posted their worst day in one month. Stocks
Markets sink as debt worries hammer U.S. bonds
Fears of a global government borrowing glut — likely to be compounded by the GOP's spending and tax-cuts bill — helped fuel an unusually weak auction for U.S. government bonds that sent markets into
Why Nvidia-Backed CoreWeave's Stock Popped 19% Wednesday
CoreWeave (CRWV) shares soared 19% Wednesday after the company announced an upsized $2 billion debt offering. The Nvidia (NVDA)-backed cloud computing company's offering consisted of senior notes
CoreWeave Stock Jumps After $2 Billion Debt Deal Sees Strong Demand
Debt investors are willing to lend CoreWeave billions of dollars. On Wednesday, the artificial-intelligence cloud company announced it has priced $2 billion of senior notes with a 9.25% interest rate
Dollar swoons on fiscal worries, bitcoin extends record rally
U.S. fiscal concerns and a tepid auction of Treasury bonds slapped the dollar to a two-week low versus the yen on Thursday, while President Donald Trump tried to push his sweeping spending and tax
Sales at Urban Outfitters’ namesake stores make a rare gain, shrugging off tariff impact for now
Shares of Urban Outfitters Inc. rallied after hours on Wednesday after the clothing retailer reported first-quarter results that topped Wall Street’s estimates, marked by a sales rebound at its
Oil prices ease on surprise builds in US inventories
Oil prices eased on Thursday as unexpected builds in U.S. crude and fuel inventories raised demand concerns, while investors stayed cautious, focusing on renewed Iran-U.S. nuclear talks. Brent
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