Thursday was a bizarre day in the stock market. Investors are still scratching their heads over what caused a sudden and dramatic reversal around midday after a morning of solid gains, but there might be some clues in the latest bout of bitcoin selling. The Dow was up as much as 700 points in Thursday’s…
More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, or 1.1%, and the Nasdaq composite rose…
It’s been a tough week for the bulls. The selling in the stock market continued on Friday, extending a decline that puts major indexes on track for a sharp weekly loss. The Nasdaq 100 was down more than 5% in five days, heading for its worst weekly performance since the tariff-fueled sell-off in April. Here’s…
For Tesla’s board and many investors, CEO Elon Musk and Tesla’s success are closely linked. Now that a vote on a record-setting pay package for Musk is settled, the bulls are crowing and the naysayers are alarmed. On Thursday, 75% of Tesla shareholders voted to approve Musk’s proposed $1 trillion CEO pay package, contingent on…
US stocks dropped sharply on Thursday as investors took in the worst layoff data for the month of October in over two decades. Employers announced 153,074 job cuts for October, according to data from Challenger, Gray & Christmas. That represents a 183% increase from job cuts announced in September, and marked the worst October for…
2025-10-23T11:56:23Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Beyond Meat was down…
Westport Village hosting annual fashion show on Thursday THAT LEAK. THEY’RE INVESTIGATING. FASHION WILL BE ON THE RUNWAY AT WESTPORT VILLAGE AS PART OF THE SHOPPING CENTER’S ANNUAL FALL FASHION SHOW. SAM CARTER FOUND OUT MUCH OF THE ATTENTION WILL BE ON SHOPPING LOCAL. LIKE IT OR NOT, THESE SEASONS ARE CHANGING. AND IF YOUR…
The record-setting rally in stocks is stumbling this week. US stocks dropped on Thursday as traders took in strong economic data, revised their expectations for Fed rate cuts, and took in wearing momentum in the AI trade. All three major US indexes slipped lower in the early morning, putting them on track for their third…
An elderly man in his eighties has been arrested in Hong Kong for allegedly pulling out a medical tube from a male hospital patient whom he mistook for his wife. According to police, the incident happened on Thursday at Pamela Youde Nethersole Eastern Hospital in Chai Wan, where the suspect was visiting his wife. “The…
President Trump said Friday that he has reached a deal with China to keep the popular social video app TikTok running in the U.S. Trump said on his social media platform that he had a “very productive call” Friday morning with China’s President Xi Jinping. TikTok is owned by Chinese tech company ByteDance, a fact…