Tuesday, January 10, 2023

Asian stocks enter bull market as investors bet on China

Stocks in Asia are starting 2023 in a bull market. Investors have been cheered by China's pivot away from its zero-Covid policy, the ending of its crackdown on tech companies and Beijing's renewed commitment to growing the world's second biggest economy.
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Asian stocks enter bull market as investors bet on China
Stocks in Asia are starting 2023 in a bull market. Investors have been cheered by China's pivot away from its zero-Covid policy, the ending of its crackdown on tech companies and Beijing's renewed commitment to growing the world's second biggest economy. Read more »
 
Disney CEO Bob Iger orders workers to return to the office 4 days a week
Disney CEO Bob Iger is clamping down on remote workers. Read more »
 
Coinbase to lay off 20% of staff as crypto winter continues
The crypto winter is apparently not over yet. Coinbase announced Tuesday that it was laying off 950 people, about 20% of its staff. The job cuts come only a few months after another major round of layoffs. The crypto brokerage firm let 1,100 people go in June, about 18% of its headcount at the time. Read more »
 
Bed Bath & Beyond's sales plunge
Bed Bath & Beyond lost a third of its sales during the holiday run-up and is running out of options to avoid bankruptcy. Read more »
 
Bruised tech investors are hedging their bets
There are two certainties in today's market: The tech sector has been beaten down and interest rates are higher. Read more »
 
Investors wait to hear from Fed Chair Powell at central banking forum
Investors are shifting their focus Tuesday from the stock market to Stockholm as they await a fairly rare public speaking appearance by Federal Reserve Chairman Jerome Powell. Read more »
 
 
 
 
Dow Nasdaq S&P
+186.45   +106.98   +27.16
33,704.10   10,742.63   3,919.25
+0.56%   +1.01%   +0.70%
YTD +1.68%   YTD +2.64%   YTD +2.08%
 
Biggest Winners
Nucor Corp +7.15%
 
STERIS plc +5.59%
 
Agilent Technologies Inc +5.26%
 
Zoetis Inc +4.96%
Biggest Losers
Mosaic Co -5.02%
 
CF Industries Holdings Inc -3.49%
 
Kimco Realty Corp -3.37%
 
A O Smith Corp -2.65%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.67 +0.04 / +0.05%
Gold $1,881.70 +3.90 / +0.21%
10-yr 3.62% +0.10
Euro $1.07 +0.00 / +0.01%
More Markets Now
 
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