Stocks

GameStop soars as Robinhood eases trading ban

It resumed its upward momentum, rising 75 percent from the beginning of the session after slumping when trading platforms imposed buying halts on viral stocks.

Class action lawsuit filed against Robinhood online brokerage

Lawsuit filed in the US District Court of New York says Robinhood's decision to block trading of GameStop stocks "deprived retail investors of the ability to invest in the open-market."

Inflation-hedge, risk-on bet: What’s behind bitcoin’s 2020 rally?

Bitcoin is in the headlines, re-kindling a debate over its true role and the drivers behind its latest scintillating rally.

Shares, oil prices slip as Trump tests positive for virus

The positive test reading for the leader of the world’s largest economy adds more uncertainty to investors' worries. US stock futures and Asian shares fell in the wake of the news. Future contracts for S&P 500 and Dow industrials lost 1.9 percent.

Asia markets hit new low amid pandemic, China-US tensions

As surges in Covid-19 cases force many countries around the world to lockdown once again, Asian markets take a significant fall.

Stocks, oil prices slide on shattered demand

Oil prices fell to the lowest in more than 17 years as demand plunged amid the coronavirus pandemic.

Virus closes sites around the world; stocks, oil prices sink

While many of Beijing's white collar workers returned to work as new cases of infection subsided in China, some 16 million people under a widespread lockdown in northern Italy struggled to figure out the new rules of their daily existence.

US stock indexes end mostly higher after volatile day

Investors rode out another turbulent day on Wall Street that kept stock indexes flipping between gains and losses until a late-day bounce gave the market a modest gain.

Asian stocks down as US-China trade talks get under way

Expectations for progress during the two-day meeting are low, so officials and businesses are hoping Washington and Beijing can at least detail commitments for "goodwill" gestures and clear the path for future negotiations.

Asian shares fall sharply as Italian crisis hits world markets

Asia markets closed lower and the euro sank to a 10-month low against the US dollar as political turmoil in Italy left investors concerned over its implications in the eurozone.

Asian markets struggle to hold gains

Monday got off to a calm start but while some managed to stay in positive territory, the afternoon saw gains eroded.

Asian shares on edge, trim gains as US futures slip

After the US rebounded overnight, Asian stocks were mixed as analysts eye algorithm trading outside human control as one key to recent volatility. A spike in yields sparked Friday's rout on Wall Street, much of the selling driven by computers.