Dow sees worst day in two years as bond yields jumpNEW YORK (Reuters) - Worries about the impact of a tightening job market on the prospects for inflation and a surge in bond yields sent investors fleeing equities on Friday, with the Dow Jones Industrials Average swooning alm…Read More
Apple stock loses some sheen on disappointing iPhone sales(Reuters) - Apple Inc's hint of returning a ton of cash to shareholders was not enough to move investors who worried more about the iPhone maker's weak outlook amid reports of production cuts for its flagship iPhone X.
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Fed orders Wells Fargo to halt growth over compliance issuesWASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co detailed new regulatory restrictions imposed by the U.S. Federal Reserve on Friday that sent its shares down sharply in after-hours trading, as the third-largest U.S. bank …Read More
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