Tag: SYND

  • The stock market ends higher after flirting with the bear market

    U.S. stocks rose, led by the financial sector, as the S&P 500 moved away from bear market territory after flirting with such low levels in a volatile trading session on Friday. The broad market benchmark advanced 72.39 points, or 1.9%, to 3,973.75 on Monday. At one point on Friday, the S&P 500 slid so far […]

  • WSJ News Exclusive | Smallpox vaccine enters wider production amid monkeypox outbreak

    Danish vaccine manufacturer Bavarian Nordic A/S is making more of a smallpox vaccine typically stockpiled for biological warfare, as governments seek doses that also offer protection against monkeypox amid an unusual outbreak around the world. Monkeypox, a viral disease that is only rarely detected outside Africa, has been reported in recent weeks in at least […]

  • WSJ News Exclusive | Apple is looking to increase production outside of China

    TOKYO—Apple told some of its contract manufacturers it wanted to increase production outside of China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the talks said. India and Vietnam, which are already sites for a small chunk of Apple’s global production, are among the countries the company is looking at more closely […]

  • S&P 500 falls into bearish territory; The stock market sell-off continues

    A week-long selloff took on new intensity on Friday, sending the S&P 500 into bearish territory for the first time since the pandemic-induced 2020 selloff. The shares rose at the open, then reversed course, falling throughout the session. The S&P 500 fell 1.8%, on course to close at least 20% below its January peak. The […]

  • S&P 500 parries losses after reaching bear market territory

    A week-long selloff took on new intensity on Friday, sending the S&P 500 falling into bearish territory before the index rallied to end the day nearly flat. Shares rose at the open, then reversed course, falling for most of the eventful session. At one point, the S&P index fell 1.8%, on course to close at […]

  • Macron appoints a new government in a political rebalancing effort

    PARIS—French President Emmanuel Macron on Friday appointed a new government that mixes high-level dignitaries with conservatives from his previous administration in a bid to rebuild his two-party coalition ahead of parliamentary elections. Mr. Macron tapped Catherine ColumnFrench ambassador to the UK, to the post of foreign secretary, elevating a civil servant who worked in the […]

  • GOP-led legislation would force Google’s ad business to shut down

    A bipartisan group of senators led by the Utah Republican mike lee introduced legislation on Thursday that would target conflicts of interest in the ad-tech industry and force Google to dismantle its dominant online advertising business. The bill, co-sponsored by the senses. Ted Cruz (R., Texas), Amy Klobuchar (D., Minn.) and Richard Blumenthal (D., Conn.), […]

  • Senate confirms Jerome Powell for a second term as head of the Federal Reserve

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  • Bitcoin Price Rebounds After Falling Below $26,000

    Bitcoin plunged, then rebounded, and the world’s largest stablecoin, tether, briefly fell from its $1 peg, adding to fears of further turmoil in the cryptocurrency market. Cryptocurrencies have been hit by two forces this week. On the one hand, fears that inflation will require aggressive central bank tightening have undermined the desire to hold perceived […]

  • Disney Reports Increase in Disney+ Subscribers in Last Quarter

    waltz disney announced better-than-expected subscription numbers for its Disney+ streaming service in the last quarter, avoiding a downturn that dogged streaming rival Netflix Inc. For the company’s second fiscal quarter, Disney announced 7.9 million new Disney+ subscribers to reach 137.7 million subscribers, up from 129.8 million in the prior quarter. Analysts polled by FactSet expected […]