Long-dated U.S. Treasury rates edge higher Tuesday, with appetite for bonds cooling even amid a round of weaker-than-expected housing data, which undercut the positive tone in equities.
GameStop and AMC overcame rocky starts to the trading day as comments on social media surged and retail traders mused once again about “squeeze"s on both stocks.
Major U.S. stock benchmarks closed lower Tuesday as enthusiasm centered on a strong round of earnings from major retailers, including Dow components Home Depot Inc. and Walmart Inc., appeared to wane late in the session.
AbbVie Inc.’s pricing practices for some of its top-selling medicines faced fresh scrutiny from federal lawmakers Tuesday, the latest effort by members of Congress probing the cost of prescription drugs.
After months of small incremental steps towards reopening, New York is seeing the rapid-fire lifting of pandemic related restrictions this week, and the end of staunch safety regulations that have come to define the “new normal” since Mar...