Category: Latest News

US stocks slip deeper into a slump as Dow enters bear market

Stocks fell on Wall Street and put major indexes deeper into a slump as recession fears grow. The S&P 500 fell 1% Monday. The Dow Jones Industrial Average and the Nasdaq also fell. The losses were broad and included banks, health care companies and retailers. The British pound slumped...

Solar Stocks Continue To Shine In Wider Market Selloff

  Over the past two years or so, the clean energy sector has been a major laggard with investors giving it a wide berth. The iShares Global Clean Energy ETF (ICLN), a catch-all bet on clean energy, is trading 36% below its January 2021 all-time high after a major...

BaseNote Lets Fans Invest In Their Favorite Music Artists

A countless number of music artists struggle to fund the creation and promotion of their songs. For those that do, their ability exercise control over their work is limited by their dependence on record labels. BaseNote, founded by Michael Cieslak, Mick Wollman and Nic Dahlquist in February 2021, is...

Business Highlights: Europe's energy woes, Dow bear market

[view original post] FRANKFURT, Germany (AP) — Europe is staring down a winter energy crisis. Russia has reduced natural gas supplies as Europe supports Ukraine, and the continent’s ability to get through the winter may depend on how cold it is and competition from Asia. The lights of the...

Stock market slumps deepens as the Dow turns into a bear

[view original post] The Dow Jones Industrial Average became the last of the major U.S. stock indexes to fall into what’s known as a bear market Monday as the market deepened its slump amid growing fears of a global recession. The blue chip index fell 1.1%, while the S&P...

Dow Jones, S&P fall again, ending at lowest level of year

Wall Street stocks fell again Monday as major indices slumped to their lowest level of 2022 amid market fallout from central bank policy pivots to address inflation. “Financial markets are a mess,” said Oanda’s Edward Moya, alluding to turbulence in the foreign exchange markets that has boosted the dollar....