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| July 23, 2017

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Markets Archives -

Cops Secretly Seize Darknet Drug Markets, Track Users

July 21, 2017 |

The shadowy world of online drug marketplaces has been left reeling from a one-two punch by authorities: AlphaBay and Hansa Market, two of the biggest darknet drug markets, have been shut down and their operators arrested. After AlphaBay, the biggest site of its kind, users headed to Hansa, unaware that…
Newser

Markets End Day Little Changed

July 18, 2017 |

US stocks are closing more or less where they started after a day of wavering between small gains and losses, the AP reports. Retailers gained ground Monday, but banks and health care companies fell. BlackRock fell 3.1% after a disappointing second-quarter report. Gold and copper producer Freeport-McMoRan rose 3….
Newser

20 Years After Handover, China Looms Ever Larger Over Hong Kong Markets

July 1, 2017 |

From the ever-rising activity of China’s traders to the plethora of Chinese companies listing on Hong Kong’s stock exchange, China hangs over Hong Kong’s markets in a way few expect to dissipate in the coming years.
WSJ.com: What’s News Asia

10 Least Affordable Housing Markets in US

June 27, 2017 |

California dreamin’ may be just that, especially when it comes to being able to afford to live there. 24/7 Wall St. examined data from real estate company ATTOM Data Solutions—including wage info, monthly homeownership expenses, and median fair-market rent—to figure out which US counties offer the least affordable…
Newser

Markets See Mixed Results

June 26, 2017 |

Utilities led US stocks mostly higher as falling bond yields made high-dividend companies more attractive to investors seeking income, the AP reports. Phone companies and banks also did well. Verizon rose 0.8% and Wells Fargo gained 0.9%, more than the rest of the market. Other sectors ended mostly…
Newser

Markets End Day Higher

June 7, 2017 |

US stock indexes closed slightly higher Wednesday as gains in banks were partly outweighed by a slump in energy companies, the AP reports. Technology stocks also rose. Retailer Duluth Holdings slumped after reporting disappointing earnings. Crude oil prices fell sharply following an unexpected buildup in supplies last week. That helped…
Newser

Markets End the Day Lower

June 5, 2017 |

Stocks are closing slightly lower on Wall Street as the market pulls back from record highs set late last week, the AP reports. Utilities and materials companies posted some of the biggest losses Monday. Paint maker Sherwin-Williams lost 0.9%. Technology companies and banks bucked the downward trend. Google parent…
Newser

Markets Close Lower for 2nd Consecutive Day

June 1, 2017 |

Stocks closed modestly lower on Wall Street for the second day running, led by declines in banks as investors worry how their trading businesses are doing, the AP reports. Top executives from JPMorgan Chase and Bank of America said Wednesday that trading revenues were declining this quarter as markets remain…
Newser

Markets End the Day Lower

May 11, 2017 |

Stocks are closing broadly lower as a number of retailers drop after reporting disappointing results, the AP reports. Macy’s plunged 17% Thursday after the struggling department store operator reported lower sales as more people shop online. Snap, the parent company of Snapchat, dropped 21.5% after reporting a huge loss….
Newser

Markets End the Day Slightly Higher

May 2, 2017 |

US stock indexes are closing slightly higher as gains in industrial companies are offset by losses in automakers and energy companies, the AP reports. Engine maker Cummins rose 6.1% Tuesday. Automakers were broadly lower after posting weak April sales. Fiat Chrysler lost 4.3% and Ford gave up 4….
Newser