US Markets

President Biden’s pick for chairman of the U.S. Securities and Exchange Commission is open to the use of digital currencies, but says investors must be adequately protected.

Target Corp. reported quarterly profit and revenue that exceed Wall Street expectations as COVID-19 fueled demand for same-day services.

U.S. equity markets rallied as investors celebrated the approval of a third COVID-19 vaccine.

U.S. equity markets ended mixed Friday as the 10-year yield held near pulled back from its highest level in a year.

DraftKings Inc.’s quarterly loss widened, but the company raised its 2021 revenue outlook as the legalization of sports betting gains momentum.

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Salesforce.com Inc. posted record sales and lifted its outlook for the current year as the business software provider benefits from a broader embrace during the pandemic of software services among enterprise customers.

Rep. John Yarmuth purchased up to $60,000 worth of stock in cannabis producers while at the same time supporting decriminalization of the drug.  

Selling picked up in U.S. equity markets Thursday afteroon as traders weighed continued improvement of the economy and a sharp rise in bond yields. 

Pandion’s lead drug candidate, PT101, last month met its main goals of safety and tolerability in an early-stage trial in patients with autoimmune diseases.

The rally in bank stocks that has been propelled by inflation fears and a steepening yield curve has come too far, too fast, according to one Wall Street analyst.

U.S. stocks staged midday comeback.

Sales of retailers that sell discretionary items have remained pressured since the onset of the pandemic, as declining income among households have prompted people to cut their spending on dresses and suits.

The company has launched a search for Bell's permanent replacement, noting that they are seeking a CFO with "the capabilities and qualifications to help accelerate GameStop’s transformation." The search, which will evaluated both internal and external candidates, is being conducted by a "leading executive search firm." 

U.S. equity markets staged a dramatic comeback Tuesday with the Dow Jones Industrial Average ending just shy of a record high after Federal Reserve Chairman Jerome Powell reassured investors the central bank would continue to support the economy and that inflation would remain in control.

The upbeat outlook from the U.S. retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis.

The company's same-store sales jumped 24.5% in the fourth quarter ended Jan. 31, beating analysts' average estimate of an 18.9% increase.

U.S. equity markets finished mixed Monday as tech shares pulled back on valuation concerns and cyclicals gained.

GameStop Corp. shares surged Monday after the investor Keith Gill doubled his stake in the video game retailer.