After the most volatile week on Wall Street since the 2008 financial crisis as the coronavirus epidemic began to shut down swaths of the U.S. economy, the health of the U.S. stock and bond markets may now depend on how corporate debt fares in the coming months. The S&P 500 …
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It’s every country for itself, or so it seems after a meeting between OPEC and other major producers ended in acrimony on Friday, which has the market now worried about a price war between some of the biggest oil producers in the world. Russia and Saudi Arabia are likely to …
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The U.S. stock-market rally has unraveled, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -1.39% fell into correction on Thursday, widely defined as a drop of at least 10%, …
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Major U.S. stock indexes were poised to enter a full-blown market correction Thursday if they maintain early losses until the closing bell. The Dow Jones Industrial Average DJIA, -2.46% tumbled more than 600 points and was off 610 points, or 2.3%, near 26,348. A close below 26,596.28 for the blue-chip …
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The U.S. stock-market rally has been unraveling, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -0.46% finished lower for a fifth straight day along with the S&P 500 index, …
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Interactive Brokers Group Inc. was in talks with E-Trade Financial about merging their brokerage operations but decided the deal didn’t make sense, according to Interactive’s founder Thomas Peterffy. Peterffy, a digital trading pioneer who founded the online platform in 1978, told MarketWatch in a phone interview on Thursday that Interactive …
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What happens when everything rises all at once? That’s what some investors are scratching their heads about as they look out at the current landscape on Wall Street. On Wednesday, the Dow Jones Industrial Average DJIA, -0.99%, the S&P 500 SPX, -0.93% and the Nasdaq Composite COMP, -1.39% indexes drifted …
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Kraft Heinz Co., the company that makes Kool-Aid and Velveeta, saw its bonds lose their investment-grade status and fall into “junk” territory after two credit ratings firms on Friday downgraded the debt. The moves by Fitch Ratings and S&P Global Ratings turned Kraft’s debt into a “fallen angel,” a term …
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