Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Why the stock market’s pullback is healthy Wall Street’s mood is surprisingly subdued—and that’s bullish. Read More Fed tightening ‘always breaks something’: S&P …
Read More »Why Wall Street’s growth-heavy Nasdaq Composite is still rallying as Treasury yields rise
Stock-market investors should not blindly follow the established narratives suggesting rising Treasury yields usually spook technology and growth stocks but focus on underlying economic trends which are the real driver, market analysts say. The Nasdaq Composite index COMP, -0.58%, home to many of the tech and growth stocks that were …
Read More »‘The risk is that we’re going to hit the brakes very, very hard,’ Larry Summers says
“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price pressures, putting policy makers in danger of needing to do much more, according to …
Read More »Shopify Stock Slumps and Cathie Wood’s ARK Swoops In to Buy Shares
Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
Read More »Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator
The U.S. Securities and Exchange Commission (SEC) charged Singapore-based Terraform Labs and its chief Kwon Do-hyung with defrauding investors through “a multi-billion dollar crypto asset securities fraud,” according to a complaint filed in the Southern District of New York. See related article: South Korea prosecutors say Serbia ready to help …
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