securities

US Treasuries at ‘tipping point’: Stock-bond correlation shifts as fixed-income market issues recession warning

Bonds and stocks could return to their usual relationship, a boon for investors with a traditional mix of assets in their portfolios as the United States fears a recession this year. “At the end of the day, correlation has now reverted to more traditional correlation, where stocks and bonds don’t necessarily move together,” said Kathy …

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Crypto platform Bitzlato accused of laundering over $700 million in illicit money

US authorities have designated the cryptocurrency exchange Bitzlato Ltd. as a primary money laundering firm and accused its founder of allegedly facilitating money laundering for criminals. The Treasury Department named Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for …

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Bahamian Regulator Says It Seized $3.5 Billion in FTX Crypto Assets

Bahamian securities regulators said they seized digital assets worth $3.5 billion from local FTX operation in mid-November as the cryptocurrency exchange headed for the collapse, a figure that US executives at FTX cast doubt on Friday. Christina Rolle, executive director of the Bahamian Securities Commission, said in an affidavit released Thursday that the commission seeks …

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US stock futures rise ahead of last trading week of 2022

U.S. stock futures rose late Monday, ahead of the final trading week of 2022. Futures contracts Dow Jones Industrial Average YM00, +0.60% gained more than 150 points, or 0.5%, as of 11 p.m. ET. S&P 500 ES00 futures contracts, +0.76% and Nasdaq-100 NQ00 futures, +0.87% also posted solid gains, indicating positive market moves when regular …

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How a Santa Claus rally, or lack thereof, sets the stage for the stock market in the first quarter

This is the time of year when the traditional seasonal rally in US equities known as the “Santa Claus rally” usually takes place. But unlike past holiday periods, this one could get bogged down in the risks of a recession and a continued rise in interest rates in the new year. The Santa Claus rally …

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Dow drops nearly 500 points after strong data and bearish comments from David Tepper

U.S. stocks traded lower on Thursday, erasing most of their gains from their biggest rally in three weeks after a string of upbeat economic data and a warning from hedge fund titan David Tepper that he was “leaning short” against stocks and bonds on expectations the Federal Reserve and other central banks will continue to …

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US stock futures fall as Chinese protests shake markets, oil hits 2022 low

U.S. stock index futures fell late on Sunday as Asian markets fell following widespread public protests in China and oil prices hit a 2022 low. Futures contracts Dow Jones Industrial Average YM00, -0.47% fell more than 150 points, or 0.5%, as of 10 p.m. Eastern Time, while S&P 500 ES00 futures, -0.62% and Nasdaq-100 NQ00 …

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