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Nasdaq falls with tech stocks; S&P ends flat |
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NEW YORK (Reuters) - The Nasdaq posted its biggest one-day drop in more than three months on Wednesday as investors fled high-flying technology stocks and shifted to banks and other pockets of the market that could benefit from improving economic conditions, lower regulations and taxes, and higher interest rates.
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Bubble trouble? Bitcoin tops $11,000, but fades after sharp rally |
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LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular fashion.
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Bitcoin's blistering rally tops $10,000 mark |
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NEW YORK (Reuters) - Red-hot bitcoin soared through an all-time high above $11,000 on Wednesday, taking its gains to nearly 1,000 percent so far this year, the most of any asset class.
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Sterling rises on Brexit bets; stocks, oil fall |
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NEW YORK (Reuters) - The British pound touched a two-month high versus the U.S. dollar on Wednesday as Britain and the European Union moved closer to a Brexit deal, while a tech-sector selloff weighed on Wall Street and on stocks globally.
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Oil drops for third day, awaiting OPEC decision |
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NEW YORK (Reuters) - Oil prices dipped on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC's meeting in Vienna, as members debate the path for an extension of the group's supply-cut agreement.
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AT&T CEO says blackout ban shows company willing to settle DOJ fight |
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(Reuters) - AT&T Inc's proposed seven-year ban on programming blackouts to distributors of some Time Warner Inc content shows that the company is willing to offer concessions to close its $85.4 billion bid for the programmer, AT&T's chief executive officer said on Wednesday.
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