Virgin Galactic shares, which have been on a ridiculous tear lately, started Monday’s session just like most stocks did — deep in the red. Yes, Richard Branson’s Virgin Galactic SPCE, +0.74% saw its stock take a double-digit hit early, following the Dow Jones Industrial Average DJIA, -3.56% and the S&P 500 SPX, -3.35% into negative […]
As U.S. stocks headed for the biggest one-day selloff in more than a year, investors took shelter in the deepest, most liquid haven asset in the world — U.S. Treasurys. Fears the COVID-19 outbreak could delay a global economic recovery for longer than expected has drawn investors to government bonds. But broader, long-term factors like […]
Kevin Flanagan, WisdomTreet head of fixed income strategy, speaks on a recent podcast Kevin Flanagan, head of fixed-income strategy at ETF powerhouse WisdomTree, has watched fluctuations in bond markets his entire career. Now he’s taking a somewhat contrarian view of how investors should be positioning. Look past the current coronavirus concerns, he counsels, and “swim […]
It’s happening. A bona fide selloff took hold on Wall Street Monday after investors spent weeks attempting to come to terms with the potential impact of COVID-19 as it spreads in countries outside of China, threatening to dent global supply chains and economies. Second-biggest point drop If it holds until the closing bell, the day’s […]
Getty Images Women wear facemasks to protect against the COVID-19 coronavirus as they walk in Beijing. How should investors think about the coronavirus? The risks from a pandemic likely haven’t been priced into markets, strategists at BCA Research wrote in a client note Friday. On Monday morning, with the Dow Jones Industrial Average DJIA, -3.56% […]
Secretary of State Mike Pompeo and Rudy Giuliani. (Andrew Caballero-Reynolds/Pool via AP, Charles Krupa/AP) WASHINGTON — “Pls have Mr. G bring the documents,” reads the March 27, 2019, email from a State Department official to someone who worked for “Mr. G.,” better known as former New York Mayor Rudy Giuliani, a central figure in the […]
Coronavirus? Never heard of her. Fox Business host Charles Payne is attributing Monday’s massive stock market drop — which is widely considered to be connected to the deadly coronavirus outbreak — to Sen. Bernie Sanders (I-Vt.). According to Payne, Sanders’ recent presidential primary win in Nevada is what caused the Dow Jones Industrial Average to […]
Iranian women wear face masks to prevent contracting the novel coronavirus at the Grand Bazaar in Tehran, Iran, on February 20, 2020. West Asia News Agency)/Nazanin Tabatabaee via Reuters Iran is closing public spaces like schools, universities, and cultural centers in an effort to control the novel coronavirus outbreak, Agence France-Presse (AFP) reported. It has […]
Senator Lindsey Graham (R., S.C.) on Sunday told Fox News the Senate’s investigation into FBI abuse of the Foreign Intelligence Surveillance Act will focus on interviews the agency conducted with a Russian source who contradicted much of the information in the Steele dossier. “The first thing I want to do is call the people who heard […]
Low unemployment rates, rising wage growth, a relentless bull market — by many measures, the good times are rolling. Just ask President Trump, who is glad to take credit for “the greatest economy in our nation’s history.” But there is an ugly side to this boom that you obviously won’t hear Trump talk about at […]