Friday 11 January 2019

Why Wall Street turned its back on junk bonds

The junk bond market, one of the biggest beneficiaries of easy money, has screeched to a halt.
CNN Business: Markets Now
 
News: What you need to know about the markets
 
 
Why Wall Street turned its back on junk bonds
The junk bond market, one of the biggest beneficiaries of easy money, has screeched to a halt. Read more »
 
GM raises its profit forecast, stock jumps
General Motors sees better times ahead after announcing it would close three US factories this year. Read more »
 
Hacks can cost businesses millions. Insurers may refuse to pay up
Cyberattacks are a nightmare for chief executives. To make matters worse, their insurers may refuse to pay up for damage the hackers do to their business. Read more »
 
Peter Thiel-backed pot stock Tilray surges
Canadian cannabis company Tilray soared Friday after Privateer Holdings, the investment firm backed by Peter Thiel's Founders Fund, said it had no plans to sell its 75 million shares any time soon. Read more »
 
Why a wacky discount store is buying up the remains of Toys 'R Us
You may have never heard of Ollie's Bargain Outlet. But this eccentric discount chain wants to open hundreds of new stores across the country. Read more »
 
Bud Light packages will now show nutritional information
Bud Light wants to win over calorie-conscious beer drinkers. Read more »
 
 
 
 
Dow Nasdaq S&P
-5.97   -14.59   -0.38
23,995.95   6,971.48   2,596.26
-0.02%   -0.21%   -0.01%
YTD +2.87%   YTD +5.07%   YTD +3.57%
 
Biggest Winners
General Motors Co +7.05%
 
PVH Corp +6.90%
 
Netflix Inc +3.98%
 
Perrigo Company PLC +3.28%
Biggest Losers
Activision Blizzard Inc -9.37%
 
Advance Auto Parts Inc -3.42%
 
Abiomed Inc -3.38%
 
VF Corp -2.96%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $51.62 +0.03 / +0.06%
Gold $1,288.20 -1.30 / -0.10%
10-yr 2.70% -0.03
Euro $1.15 -0.00 / -0.41%
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