by Bloomberg.com | Sep 28, 2023 | alerts, Markets/Economy
Apparel, retail stocks lag market with borrowing costs rising Investors focus on back-to-school demand, annual outlook Nike Inc. is set to offer a crucial look at the financial health of American households as Wall Street frets over a growing list of headwinds to...
by Bloomberg.com | Sep 27, 2023 | alerts, Markets/Economy
Options dealers shifting to position that may fuel volatility CTAs estimated to offload $48 billion even in a flat market The two-month selloff in US stocks threatens to intensify as options dealers on Wall Street and fast-money traders both turn against the market....
by Bloomberg.com | Sep 26, 2023 | alerts, Markets/Economy
Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” President Joe Biden endorsed the UAW’s demand for a major wage increase during a visit to a...
by Bloomberg.com | Sep 25, 2023 | alerts, Markets/Economy
Wall Street prime brokers say clients ramped up short selling Bears benefit as the most-shorted stocks led the market rout As the cross-asset selloff engulfed Wall Street last week, hedge funds ramped up their bets against stocks while one measure of their market...
by Bloomberg.com | Sep 22, 2023 | alerts, Markets/Economy
BofA says banks seek ‘extra buffer’ in case deposits leave Large time deposits have risen $675 billion since June 2022 Banks are paying up to protect their cash holdings from sinking further and to safeguard against future runs on deposits, according to Bank of...
