Even daily swings are becoming commonplace in a market whose wild volatility seems to be the new normal.
stock market
Posted inBusiness, Nation & World
Spotify’s opening act on Wall Street strikes a chord with investors
The music streaming service debuts with a market value of $77 billion despite being unprofitable and facing competitors with deep pockets.
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Posted inBusiness, Politics
Stock market investors no longer feeling immune to Trump’s actions
They can’t brush aside politics when changes such as steel tariffs and tax reform start affecting corporate profits.
Posted inBusiness
Powell says Fed believes rates can go up gradually
The central bank chairman clarifies his comments earlier in the week that sent the market lower.