Tag Archives: Deepens

[unable to retrieve full-text content]Trump Media’s $5.3 Billion Selloff Deepens as 270% Rally Fizzles  Yahoo Finance Source link

(Bloomberg) — Stocks in Europe climbed along with U.S. equity futures on Monday as negotiators from Russia and Ukraine prepare for a new round of talks. A global bond rout deepened, with the five-year Treasury yield cresting 2% for the first time since 2019. Most Read from Bloomberg The Stoxx Europe 600 index jumped more than 1%, with carmakers leading the advance following a “confident” outlook from Volkswagen AG. Basic-resources and energy stocks fell as crude oil declined along with… Source link

Bloomberg TPG-Backed PropertyGuru Eyes $2 Billion Thiel SPAC Deal (Bloomberg) — Bridgetown 2 Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, is in advanced talks to merge with Singapore’s online real estate firm PropertyGuru Pte, according to people with knowledge of the matter.The special purpose acquisition company has been in discussions with PropertyGuru on the potential deal, which could be announced as soon as next month, said the people, who… Source link

(Bloomberg) — Taiwan stocks slumped, extending their biggest rout in more than a year, as the government tightened restrictions on people and businesses to control its worst outbreak of the coronavirus. The Taiwan Stock Exchange Weighted Index closed the Monday session 3% lower, having slid as much as 4.2%, as authorities urged companies to allow staff to work from home or split locations after reporting a record 206 new local cases Sunday. The benchmark gauge sank 8.4% last week on concern… Source link

Stocks fell Tuesday morning, with the Nasdaq adding to Monday’s losses as technology stocks came under increasing selling pressure as inflation concerns rose.  The S&P 500 and Dow also dropped. A day earlier, the Dow briefly topped 35,000 for the first time ever before erasing gains to end in the red. The Nasdaq dropped 2.6% to post its worst day since March. The S&P 500 also dropped more than 1%, with technology stocks sliding as traders rotated away from high growth stocks that could be… Source link

Bitcoin prices extended their recent decline late Thursday, falling for the seventh day in nine, to as low as $50,450. The largest cryptocurrency was changing hands around $51,800 as of 21:23 coordinated universal time (5:23 p.m. ET). Bitcoin (BTC) is down 9.8% since Sunday, the biggest drop on the weekly price charts since late February. Related: Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says A recent rally in prices for ether (ETH) and other alternative… Source link