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May 10, 2021
Advertisement Wall Street traders like Trey Griggs are finding a new lease on life in the $US2.4 trillion ($3.1 trillion) crypto Wild West. After two decades in energy trading, the 51-year-old was lured by a former Goldman Sachs colleague this February into a new world of market-making in digital currencies. Wall Street veterans are using old tricks to capitalise on inefficiencies in cryptocurrencies. Credit:AP Now heโs in fighting spirits - unleashing old-school finance tricks to exploit the...
April 27, 2021
Provided by Dow Jones By Joe Wallace and Michael Wursthorn U.S. stocks hovered near record levels as investors sold shares of technology and communications stocks and Treasury yields climbed. The S&P 500 bounced around the flatline most of the trading session a day after setting its 24th closing record of the year. Tesla shares were among the broad indexs biggest decliners after the electric car makers latest quarterly report underwhelmed investors. Shares o...
April 27, 2021
Provided by Dow Jones By Joe Wallace U.S. stocks pulled back slightly Tuesday as investors awaited earnings from more blue-chip companies and the start of the Federal Reserves two-day policy meeting. Technology and communication stocks led major indexes lower a day after the S&P 500 and Nasdaq Composite closed at fresh records. Among the decliners was Tesla, which slid nearly 4% despite posting a record profit in the first quarter. Shares of Microsoft and Google p...