Stock Market Today: Dow, S&P Live Updates for Feb. 26

Stock Market Today: Dow, S&P Live Updates for Feb. 26

The stock market lost steam near record highs as traders braced for a barrage of economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates. Wall Street is also keeping a close eye on how the market will manage to absorb heavy Treasury and corporate sales amid month-end … Read more

Stock Market Today: Dow, S&P Live Updates for February 23

Stock Market Today: Dow, S&P Live Updates for February 23

Stocks struggled to gain much traction, with big tech losing steam after a powerful rally driven by the artificial-intelligence euphoria. A feat of multiple records in the world’s biggest equity market drove the S&P 500 briefly above the historic 5,100 mark. Most members of the “Magnificent Seven” group of megacaps came under pressure — with … Read more

Stock Market Today: Dow, S&P Live Updates for February 13

Stock Market Today: Dow, S&P Live Updates for February 13

Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap traders ratcheted … Read more

Stock Market Today: Dow, S&P Live Updates for Feb 12

Stock Market Today: Dow, S&P Live Updates for Feb 12

Stocks moved decidedly higher as Nvidia Corp. led a rally in chipmakers, with traders awaiting key inflation data and a slew of Federal Reserve speakers. After struggling for direction in the first hour of Wall Street trading, the S&P 500 extended its advance above 5,000. Defying concerns about an overstretched market, equities kept climbing on … Read more

Stock Market Today: Dow, S&P Live Updates for December 14

Stock Market Today: Dow, S&P Live Updates for December 14

The rally in stocks driven by the Federal Reserve’s dovish tilt and bets on a soft economic landing lost a bit of steam Thursday amid speculation the market has run too far, too fast. After a surge that put the S&P 500 within a striking distance of its all-time high, the gauge saw a small … Read more

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more

Are Markets Finally Finding Direction?

Are Markets Finally Finding Direction?

DISCLOSURES Small capitalization companies typically carry more risk than well-established “blue-chip” companies since smaller companies can carry a higher degree of market volatility than most large cap and/or blue-chip companies. International investments may not be suitable for all investors. International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates … Read more