FILE PHOTO: A healthcare worker prepares a dose of Sputnik V (Gam-COVID-Vac) vaccine against the coronavirus disease (COVID-19) at a vaccination centre in Gostiny Dvor in Moscow, Russia July 6, 2021. REUTERS/Tatyana MakeyevaGENEVA (Reuters) – The Russian maker of the COVID-19 Sputnik V vaccine is due to submit its latest data by the end of December, with manufacturing site inspections […]

Broad markets continued their sell off with the Dow seeing the worst of it on Friday, down about 1.5%. ARK Funds actually bounced back after a fairly tumultuous week. ARKG performed the best out of the group, with a 7.7% gain on the day, while ARKX did the worst, up 0.5%. The gains from the past year are slowly sliding […]

Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of Johnson & Johnson fell 2.2% after the Centers for Disease Control and Prevention recommended Moderna and Pfizer vaccines for Covid-19 over the Johnson & Johnson vaccine on Thursday. The CDC confirmed 54 cases of people developing blood clots and showing low blood platelet levels after […]

Four companies we have previewed reported quarterly results after markets closed Thursday or before they opened on Friday. Three of the four beat on both the top and bottom lines (FedEx, Darden Restaurants and Winnebago) while Rivian missed on both. Lowered guidance from Darden took the stock down Friday morning, while Rivian’s production outlook sent investors headed for the exits. […]

New York (CNN Business)Volatility is back on Wall Street: Stocks are falling as central banks around the world turn more hawkish and worries about the omicron variant increase ahead of the holidays. US stocks mostly added onto their losses from the prior session, with the Dow (INDU) falling as much as more than 600 points Friday morning before recovering some […]

U.S. equity markets closed lower Thursday and, in the case of the Nasdaq, a lot lower. The Nasdaq dropped 2.5% on Thursday after picking up solid gains following Wednesday’s Federal Reserve announcement. Some chatter on Wall Street suggested that short covering on Wednesday drove prices up for the big caps and that Thursday’s retreat was only to be expected. All […]

The lira hit 17.0705 to the dollar, triggering direct central bank intervention in the market to prop up Turkey's battered currency. Erdogan's decision to push through 500 basis points of monetary easing since September has sent inflation soaring above 21%. Turkey's currency crisis accelerated on Friday as it plunged 8% to a new record low, gripped by concerns over an […]

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 360,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Thursday. The price of this ETF pulled back more than 3% in Thursday’s session, and it is down a fair amount in the past year. It was the ARK Innovation ETF (NYSEARCA: ARKK) that added 363,261 shares of […]