Wall Street

Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

Oil prices dipped on Friday as the U.S. dollar strengthened, although OPEC-led supply cuts are seen supporting markets going into next year.

Stocks pushed higher Thursday amid gains in the technology and industrial sectors.

Bitcoin rocketed to a lifetime high just shy of $16,000 on Thursday after climbing some 60 percent in just over a week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.

Morgan Stanley on Thursday fired former Congressman Harold Ford Jr. following allegations of misconduct.

As investors rush into bitcoin, some big Wall Street banks are hitting the brakes.

Gains in technology stocks helped lift the Nasdaq on Thursday, while the S&P 500 and the Dow were weighed down by losses in consumer stocks.

Wall Street flipped between modest gains and losses Wednesday, as technology names rallied and energy stocks fell amid weaker oil prices.