stonks
Jar raises $32 million in Tiger Global-led funding to help Indians start their saving and investment journeys
A seven-month-old fintech app that is helping millions of Indians to begin their investment and saving journeys has attracted the attention of Tiger Global. The Bengaluru-based Jar said on Thursday it
Robinhood limits users to a single share of GameStop and other stocks
Robinhood has detailed its latest step in the complex quagmire of market manipulation that is this week’s GameStop hedge fund Reddit army debacle. Users will for the present be limited to holdin
Nasdaq 10,000, or whatever
After touching the 10,000-point milestone yesterday, the Nasdaq Composite set a new all-time intraday high this morning of 10,028.61, per Yahoo Finance. In more normal times this would be a fanfare mo
Stocks rise following yesterday’s sharp rally
After a sharp Monday rally seemingly built on optimism that the impact of the global pandemic may have reached its zenith in Europe — and indeed that the United States might see a lower infectio
Stocks drop as unemployment spikes
Stocks fell in regular trading Friday, as all major American indices fell in the wake of a broadly negative jobs report. With more than 700,000 jobs lost in the March data, unemployment in the United
US markets shrug off record unemployment numbers as tech shares rise
Despite reports of historic unemployment, with roughly 6.6 million Americans filing for unemployment, domestic stocks rose during regular trading today. One day after grim estimates on the potential d
Stocks fall sharply as US government warns of hard weeks ahead
A recent rebound in domestic equity prices faded further into the distance today, as American stocks fell for a second consecutive day following modest Tuesday declines. After rising from new 52-week
Stocks post worst quarter since 2008 financial crisis
The first quarter of 2020 ended with a whimper — with the Dow Jones Industrial Average, S&P 500 and Nasdaq posting their worst quarter in decades — as the COVID-19 pandemic continues to cause
Markets are mixed in morning trading as industries adjust to the new normal
After yesterday’s news that the U.S. automakers would temporarily close their doors and the US President Donald Trump invoked the Defense Production Act to shift manufacturing capacity to meet e
The Dow and S&P near three-year lows, Nasdaq falls as well, and treasuries are no haven
It was another brutal day on Wall Street as investors continue to come to grips with the new economic realities imposed by the COVID-19 outbreak in the U.S. Both the Dow Jones Industrial Average (DJIA
Stocks gain as governments around the world pledge to prop up the global economy
In a volatile trading session that saw the White House signal intentions to release the largest stimulus package since the great recession of 2008, American stocks made up for yesterday’s losses