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Tag: Slide

US stocks slide and bond yields rise as traders eye new economic data

Getty Images / Xinhua News Agency US stocks ticked lower on Wednesday. Shares of Nvidia wavered after rallying in the previous session. Major averages ticked lower, while bond yields rose. US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares […]

Nvidia stock falls 5%, extends slide into correction territory

Nvidia (NVDA) stock fell as much as 5% on Monday as investors rotated out of the hottest AI play of the year. The session marked the third consecutive day of losses for shares of the chip heavyweight as they slipped into correction territory. The stock declined more than 11% from its all time closing high […]

Asian Stocks Slide as US CPI, Fed Fuel Caution: Markets Wrap

(Bloomberg) — Asian stocks declined, shrugging off Wall Street’s gains, as the double-whammy of an upcoming US inflation report and the Federal Reserve decision kept traders on edge. Most Read from Bloomberg Hong Kong’s equity benchmark fell more than 1%, with auto shares leading the decline ahead of Europe’s tariff decision. Shares also dropped in […]

Russian Crude Exports Rise to Bring Prolonged Slide to a Halt

(Bloomberg) — Russia’s four-week average crude exports ticked up in the period to June 9, ending a run of declines. Most Read from Bloomberg Exports had fallen in each of the previous four weeks on that measure, producing a cumulative cut of 390,000 barrels a day, or 11%. That was the biggest such reversal since […]

‘Summer Boost’ Shows Promise in Halting COVID Slide

A philanthropic initiative launched in 2022 to get students back on track from COVID learning loss is returning promising results, a new study suggests: just four weeks spent in the Summer Boost program last year helped students regain nearly one-fourth of their reading skills and one-third of math skills, compared to students who didn’t participate […]

French Markets Slide as Nation Plunged Into Political Turmoil

(Bloomberg) — French markets tumbled as President Emmanuel Macron’s shock decision to call an election gave investors yet another reason to ditch the nation’s securities. Most Read from Bloomberg Stocks slumped, with banks leading losses, as uncertainty over who will govern France added to existing angst about the country’s fiscal woes. Yields on French bonds […]

GameStop’s sales continue to slide in surprise earnings release

By Jaspreet Singh (Reuters) -GameStop reported a drop in sales and announced a more than $3 billion stock offer as it released its first-quarter report in advance, sending the shares of the video game retailer down sharply in volatile trading. The company was set to post results on June 11, but published it on Friday […]

GameStop’s sales continue to slide in surprise earnings release

By Jaspreet Singh (Reuters) -GameStop reported a drop in sales and announced a more than $3 billion stock offer as it released its first-quarter report in advance, sending the shares of the video game retailer down sharply in volatile trading. The company was set to post results on June 11, but published it on Friday […]