Republicans have an 83% of flipping one chamber of Congress, according to FiveThirtyEight, and investors eat up the legislative headaches caused by a split in power in Washington.
Musk’s tweet of a Shiba Inu wearing a Twitter shirt sent dogecoin up 12%.
There’s a popular investment strategy to buy stocks October 31 and sell May 1.
Musk fired Twitter CEO Parag Agrawal and other top executives as his US$44 billion deal closed, CNBC first reported.
The Nasdaq Golden Dragon China Index fell 14% Monday and is down nearly 80% from its February 2021 peak.
Bond yields in the U.K. and U.S. skyrocketed to their highest levels since 2008 as the market lost confidence in governments’ ability to navigate a looming recession and digested sticky inflation data.
The Dow’s 1,507-point intraday swing was its largest since March 2022 and sixth-largest swing over the last decade.
Rich young Americans are willing to bet on crypto.
The U.S. will likely enter a recession in the next six to nine months, JPMorgan Chase CEO Jamie Dimon predicted Monday.
Stocks tumbled Friday as investors reacted to data revealing a stronger-than-expected labour market.