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Markets suffered in September, but October holds promise

Markets suffered in September, but October holds promise

MANHATTAN (CN) — A perfect storm of negative news pummeled investors this week, as markets closed out the typically volatile month of September on a sour note with potential for a better Octoberon the horizon. The decline on Wall Street began early in the week: On Tuesday, the Dow Jones Industrial Average fell 571 points […]

Bond yields, debt-ceiling stalemate cause market fall

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Bond yields, debt-ceiling stalemate cause market fall

MANHATTAN (CN) — Markets tumbled on Tuesday, as a mixture of spiking bond yields and worries about the U.S. debt ceiling caused investors to reassess their positions. The selloff began early and never relented, with the Dow Jones Industrial Average losing 571 points by the day’s end, a 1.6% decline. The S&P 500 and Nasdaq […]

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Wall Street courts, then skirts, disaster as Evergrande bonds loom large

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Wall Street courts, then skirts, disaster as Evergrande bonds loom large

MANHATTAN (CN) — A rollercoaster of gains and losses rollicked Wall Street this week in an unexpected echo of the wild swings of early 2020, when the Covid-19 pandemic first struck. It began Monday with the Dow Jones Industrial Average falling 614 points — which was an improvement from the point that day when it […]

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