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Dow Jones plunges 700 pts as Wall Street gets battered by rising Treasury yields

US stocks closed lower on Thursday as rising Treasury yields pressured equities, while higher oil prices and a sharp decline in Walmart shares added to investor concerns. The Dow Jones Industrial Average fell more than 1%, while the S&P 500 and Nasdaq Composite also declined. Rising Treasury yields pressure stocks The Dow Jones Industrial Average

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Bitcoin dubbed ‘one of the best hedges you can find’ – again

Bitcoin (BTC) has charged back above the $72,000 threshold – igniting a fresh wave of optimism across the cryptocurrency market. The sudden surge followed an unexpected liquidity decision by the US Treasury Department that catalyzed risk assets and sparked renewed fears over currency debasement. Reacting to the sudden price movement, Matthew Sigel – the Head

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Marvell stock jumps 7%, and it has Google to thank

Marvell Technology MRVL stock gained 7% on Wednesday as it expands its relationship with Google amid accelerating demand for custom AI chips, giving the Alphabet-owned company the option to acquire a stake worth up to $12.2 billion in the chipmaker. Google gets potential 7% stake in Marvell Under the agreement, Marvell issued Google a warrant

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Dow closes 110 points lower as bond yields rise and semiconductor stocks slide

US stocks ended lower on Tuesday as rising sovereign bond yields and elevated oil prices increased concerns about persistent inflation and borrowing costs. The S&P 500 fell 0.69%, while the Nasdaq Composite declined 1.33%. The Dow Jones Industrial Average dropped 116 points, or 0.22%, to close at 53,343.85. The decline came as bond yields rose

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Is ETHFI price headed higher after a 30% gain in a week?

Ether.fi price has climbed nearly 30% over the past seven days to around $0.51 as the token extends a rally that accelerated after the protocol rolled out a major update to its neobank product. CoinGecko data showed ETHFI trading near $0.51 on August 17, up 7.7% over the previous 24 hours and 29.9% over seven

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These two developments can stop US stocks relentless surge in 2026

US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher

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The succession and strategy questions facing Tata Sons as N Chandrasekaran resigns

N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding

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Dow closes lower as Applied Materials leads semiconductor selloff

US stocks ended lower on Friday as investors locked in profits following a record-setting rally, while weaker-than-expected retail sales data and renewed pressure on semiconductor shares weighed on sentiment. The S&P 500 fell 0.2% to close at 7,785.76 after setting fresh record highs earlier in the week. The Nasdaq Composite also declined 0.3% to 26,729.16,

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What drove Workday stock higher on Thursday and what comes next?

Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to acquire the cloud software provider. Talks between the two firms have reportedly taken place behind closed doors in recent months. The media report brought a much-needed reprieve to Workday stock that’s been

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Dow falls 180 pts as oil rises on Hormuz fears; Nasdaq slips before CPI data

Wall Street ended lower on Tuesday as rising oil prices and renewed uncertainty over the Strait of Hormuz weighed on investor sentiment, while weakness in major technology stocks added pressure ahead of key US inflation data due later this week. The Dow Jones Industrial Average fell about 188 points, or 0.35%, to close at 53,787.57.

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