Markets

admin April 25, 2018

Click chart for more in-depth data. 1. Facebook’s Wall Street test: Facebook will face the investors for the first time since the Cambridge Analytica scandal erupted. The social media firm will report its first-quarter earnings after the closing bell. CEO Mark Zuckerberg will then answer analysts’ questions on a conference call. Analysts are concerned about […]

admin April 25, 2018

Kyle Bass, the founder and chief investment officer of Hayman Capital Management, will join Richard Quest on CNNMoney’s “Markets Now” on Wednesday. Before he started the investment management company, Bass was a managing director at asset manager Legg Mason and a senior managing director at Bear Stearns. He is also known for anticipating the subprime […]

admin April 24, 2018

Investors were in a rotten mood Tuesday. Seemingly good results from Dow components Caterpillar, Coca-Cola and United Technologies (UTX) didn’t please Wall Street. The Dow closed down 425 points, or 1.7%, after opening with a 130-point gain. At its worst point of the day, the Dow was down more than 600 points. The Dow has […]

admin April 24, 2018

The most widely watched bond rate in the world just hit a milestone. The yield on the 10-year Treasury note, which helps set rates for auto loans, mortgages and other lending, climbed to 3% on Tuesday for the first time since 2014. For Americans, that means borrowing costs are on the way up. For Wall […]

admin April 24, 2018

The most widely watched bond in America is close to a barrier that could cause trouble for the markets. The rate on the 10-Year US Treasury note is this close to topping 3% — a yield that it hasn’t reached in more than four years. It hit 2.9957% Monday morning before pulling back a bit. […]

admin April 24, 2018

Jeff Gundlach, the billionaire investor, isn’t buying Mark Zuckerberg’s apology tour. Gundlach, known as the king of the bond market, urged investors to bet against Facebook (FB) stock because of the risk that the company’s user data crisis will trigger a government crackdown. “Equity bubbles get popped by regulation,” he said on Monday at the […]

admin April 24, 2018

Aluminum stocks are plunging after the United States said it would consider relaxing sanctions against a Russian company. The Treasury Department imposed sanctions earlier this month on Rusal, the second-largest aluminum producer in the world, as part of a crackdown on Russian oligarchs. Rusal is controlled by Oleg Deripaska, who has ties to Russian President […]