French bank Societe Generale's headquarters in Paris. Chesnot | Getty Images News | Getty Images Global stock markets diverged on Tuesday after a worldwide sell-off in the previous session, as analysts assessed the longevity of the bear market and risk of recession. U.S. stock futures bounced in early
SINGAPORE -- Shares in Asia-Pacific fell in Tuesday morning trade after the S&P 500 fell overnight and closed in bear market territory. The Nikkei 225 in Japan fell 2% as shares of conglomerate SoftBank Group declined more than 3%, while the Topix index declined 1.55%. In Hong
Barrons.com Coinbase and MicroStrategy Drop Sharply as Bitcoin Falls to Lowest Point in Months While MicroStrategy (ticker: MSTR ) derives most of its revenue from software, the company has bet big on Bitcoin, holding more than 129,200 tokens as of March 31. The company’s
Crypto had a brutal start to the week. One crypto lender halted withdrawals, another announced job cuts , and the market cap of the beleaguered sector fell below $1 trillion, down from $3 trillion at its peak in November . Bitcoin plunged 15% to fall
Text size The S&P 500 entered bear territory just 111 trading days since its Jan. 3 record high.
Italian borrowing costs are surging at a time when consumers are turning more worried about the cost of living crisis. Stefano Guidi | Getty Images News | Getty Images A measure known as Europe's fear gauge has hit its highest level since the coronavirus outbreak, in what
Ukrainian troop members repair an army's Main Battle Tank (MBT) in the eastern Ukrainian region of Donbas on June 7, 2022. Aris Messinis | AFP | Getty Images As Russia gradually seizes more territory in Ukraine and continues to pound various targets in the Donbas, analysts fear
One of BYD's bestselling electric car models, the Han, is on display during an auto show in Shenzhen on June 5, 2022. Anadolu Agency | Anadolu Agency | Getty Images BEIJING -- Chinese electric car maker BYD saw sales more than double in May, solidifying the company's
Illustrative image of two commemorative bitcoins with a green background. Artur Widak | Nurphoto | Getty Images Bitcoin briefly dropped below $21,000 on Tuesday in Asia before bouncing back slightly, continuing its plunge as investors sold off risk assets. The world's largest cryptocurrency fell nearly 14% in the
Bear markets have a long history with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average indexes and they have returned as a result of the economic turmoil caused by inflation, rising interest rates, high gasoline prices and fallout from the Russian invasion of
