Wall Street stocks

GameStop stock surge hits fourth day, hedge funds walk away
Markets

GameStop stock surge hits fourth day, hedge funds walk away

  • Short-seller Citron, a target for some of the individual traders who have helped drive huge gains for a number of niche Wall Street stocks in the past week.
  • GameStop's stock has surged nearly 700% in the past two weeks, upping the struggling video retailer's market value from $1.24 billion to more than $10 billion.
Updated 27 Jan, 2021 11:24pm
US stocks flat following mixed economic data
Markets

US stocks flat following mixed economic data

  • All three major indices ended at records Wednesday after Joe Biden was sworn in as president amid optimism over the new administration's plans to support the US economy and improve the Covid-19 vaccine rollout.
Published 21 Jan, 2021 08:57pm
Tokyo stocks open higher with eyes on US Fed
Markets

Tokyo stocks open higher with eyes on US Fed

  • Japan has booked a trade surplus of 366.8 billion yen ($3.5 billion) in November, the fifth consecutive monthly surplus, according to data released by the finance ministry before the opening bell, which prompted little reaction from investors.
Published 16 Dec, 2020 09:07am
US stocks open down, extending pullback on virus trends
Markets

US stocks open down, extending pullback on virus trends

  • The broad-based S&P 500 shed 0.7 percent to 3,029.16, while the tech-rich Nasdaq Composite Index tumbled 0.8 percent to 9,835.00.
  • Macy's shed 2.8 percent after announcing it will cut 3,900 management and corporate jobs as it cuts costs amid a weak ret
Published 25 Jun, 2020 07:02pm