Friday 25 January 2019

Hedge funds assets plunged by $88 billion in 2018

The hedge fund industry suffered a brutal 2018 as nervous clients yanked tens of billions of dollars from their portfolios. Hundreds of funds shut down and bets on tech stocks and oil blew up.
CNN Business: Markets Now
 
News: What you need to know about the markets
 
 
Hedge funds assets plunged by $88 billion in 2018
The hedge fund industry suffered a brutal 2018 as nervous clients yanked tens of billions of dollars from their portfolios. Hundreds of funds shut down and bets on tech stocks and oil blew up. Read more »
 
Pentagon probes whether Amazon improperly hired defense department employee
The Pentagon is looking into whether Amazon improperly hired a former Defense Department worker who was involved with a $10 billion government contract for which the tech company is competing. Read more »
 
How the chaos in Venezuela will impact oil prices
The diplomatic relationship between the United States and Venezuela is in shambles -- and it hit a new low this week. Read more »
 
Ex-NFL player Tiki Barber now invests in pot
Tiki Barber, formerly a star running back for the New York Giants, has worn many different hats since retiring from the NFL in 2007. But Barber's latest venture is a little more controversial. Read more »
 
Trust is the new buzzword in Davos. Here's why
The corporate, political and cultural elite gathered in Davos are expressing worries about a disturbing trend: The erosion of public trust in institutions and companies. Read more »
 
Corporate America's earnings outlook darkens as slowdown fears rise
Wall Street has swiftly marked down its hopes for corporate profits because of decelerating economic growth, nagging trade tensions and turbulent oil prices. Read more »
 
 
 
 
Dow Nasdaq S&P
+183.96   +91.40   +22.43
24,737.20   7,164.86   2,664.76
+0.75%   +1.29%   +0.85%
YTD +6.04%   YTD +7.98%   YTD +6.30%
 
Biggest Winners
Western Digital Corp +7.52%
 
Seagate Technology PLC +6.57%
 
Micron Technology Inc +6.48%
 
SVB Financial Group +6.01%
Biggest Losers
ResMed Inc -19.39%
 
AbbVie Inc -6.22%
 
Intel Corp -5.47%
 
Intuitive Surgical Inc -3.93%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $53.55 -0.14 / -0.26%
Gold $1,302.40 +4.30 / +0.33%
10-yr 2.75% +0.04
Euro $1.14 +0.01 / +0.85%
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