‘Whenever I see a new place, I have to sign forms about COVID-19, such as if I have traveled anywhere, tested positive recently or know anyone who has.’
The commission-free online brokerage Robinhood faces several new class-action lawsuits brought by customers across the U.S. this week, alleging the company prevented them from buying shares of GameStop Inc. GME and other hot socks for nefarious reasons.
Stocks tumbled Friday, leaving the Dow and S&P 500 with worst monthly loss in 3 months, as volatile trade in a batch of small, heavily shorted companies raised broader bubble concerns in a market already worried about factors that could slow the economic recovery.
The U.S. biotech has produced an interim assessment of its Phase-3 trial in the U.K., for which I volunteered last year. And it shows the vaccine is 89% effective against the disease.
Stock benchmarks head lower Friday, with the worst week since last October in view, amid concern that a slow coronavirus vaccine rollout may delay further economic recovery and on fears that volatile trading in a batch of small, heavily shorted companies may reflect a speculative bubble across the wider market.
GameStop Corp. and AMC Entertainment Inc. shares burst out of the gate Friday and hold on to sizable gains as an army of social-media rallying retail investors seek to take on established Wall Street firms.
Hong Kong residents will be able from Sunday to apply for the special visa program offered by the U.K. that will enable them to live, work and study in the country for five years — with a possible path to citizenship.
With disruptions at European borders and supply chains perturbed by new tariffs, the U.K. economy has begun to show the negative economic impact of leaving Europe’s single market and customs union.
Stock-index futures are lower Friday as shares of GameStop Corp. soar again in premarket trade, underlining fears that sharp gains, driven by individual investors, for heavily shorted stocks could force hedge funds to liquidate profitable long positions in other equities.
ETF Wrap is a briefing of what investors need to know about the exchange-traded fund sector, including exclusive commentary and interviews on the industry from MarketWatch