News

Stocks are looking to bounce back from their worst day since the summer.

Exchange-traded funds are rewriting the financial playbook, with 2024 marking a historic year for the industry. From record-breaking flows to innovative fund launches, Bank of America detailed $1.6 trillion in ETF inflows this year in a new note. The global ETF market has grown to a staggering $15.1 trillion in assets under management. Additionally, ETF launches hit an all-time high of 1,485 in 2024, and institutional ownership continues to surge, cementing ETFs as the cornerstone of modern inve

Wall Street's top three indexes ended nearly flat after a steep decline Wednesday based on the Fed's 2025 outlook.

Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem.

(Bloomberg) -- An index of emerging-market currencies extended its decline amid broad dollar strength following the Federal Reserve’s hawkish outlook for the path of interest rates next year. Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe Indonesian rupiah and Malaysian ringgit were some of the worst performers as tra

(Bloomberg) -- As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inacio Lula da Silva. They are, they fear, powerless to do much to stop the panic.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust

As the dust settles on a remarkable 24 hours of central bank activity, investors in Asia round off the last full trading week of the year hoping for some respite from the global market selloff sparked by the Fed's 'hawkish cut' on Wednesday. These nerves were partially soothed on Thursday by the Bank of England's surprisingly 'dovish hold' and the Bank of Japan's seeming ambivalence toward raising rates in January. But the genie of a 'higher for longer' Fed is out of the bottle.

The S&P 500 slipped 0.1% on Thursday, Dec. 19, 2024, as stocks struggled to recover from the prior day's sell-off despite upbeat data on economic growth.

Shares of Nike were up more than 10 percent in the initial moments in after hours trading on Thursday.

Investors may be protecting themselves in case the President-elect swings big on tariffs and is serious about mass deportations.