Investors are in an anxious mood after an emerging-market rout spread into developed markets last week. Momentum is a big worry: one of the best predictors of markets is how they fared the previous day, and Friday was rough. The...
China has cut its main interest rate to boost growth in its economy. The People's Bank of China cut its main interest rate by 0.25 percentage points to 4.6% in an effort to calm stock markets after two days of...
Okay, so it’s not the best way to end the summer. August is usually a dull month on Wall Street, but this year it’s an all-hands event as stocks plunge and investors brace for more. So far, the S&P 500...