Cathie Wood’s ARK Invest Sells for 1\/28

Markets bounced back on Friday with a vengeance with the Nasdaq jumping over 3%, largely led by tech stocks. ARK Funds rode this wave as well with gains across the board. ARKG performed the best out of the group, with a 4.4% gain on the day, while ARKX did the worst, up 1.5%. The gains from the past year are […]

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Treasuries Move Higher After Seeing Early Weakness

After coming under pressure early in the session, treasuries showed a notable turnaround over the course of the trading day on Friday. Bond prices climbed well off their early lows and into positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.5 basis points at 1.782 percent after reaching a high […]

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UBS buys Wealthfront for $1.4B to reach rich young Americans

Fox Business Flash top headlines for January 26 Check out what’s clicking on FoxBusiness.com. UBS Group AG is buying online wealth adviser Wealthfront for $1.4 billion to reach the young rich and manage more money for people through their devices, the company said Wednesday. UBS said it would pay cash for the digital platform, one in a clutch of startups […]

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Sensex nosedives 1,546 points; Nifty tanks below 17,200

Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red Equity benchmark Sensex on Monday crashed about 1,546 points to sink below the 58,000-level due to across-the-board selloff tracking sluggish global markets. Besides, persistent foreign capital outflows continued to affect the market sentiment, traders said. […]

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France's Constitutional Council approves Macron's vaccine pass

Slideshow ( 2 images )PARIS (Reuters) – France’s Constitutional Council on Friday approved – with conditions – the country’s new COVID-19 vaccine pass, which will require people aged 16 and above to show proof of vaccination to enter public places like bars, restaurants and cinemas. The new pass is part of President Emmanuel Macron’s drive to make life difficult enough […]

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