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U.S. stocks closed mostly lower Tuesday as investors eyed protests in China and pondered what Federal Reserve Chairman Jerome Powell might say in a coming speech. The S&P 500 slipped 6.31 points, or 0.2%, to 3957.63 and the Nasdaq Composite lost 65.72 points, or 0.6%, to 10983.78. The Dow Jones Industrial Average added 3.07 points, or 0.01%, to 33852.53.
Stocks Finish Mixed in Shortened Trading Day
  + stars: | 2022-11-25 | by ( Chelsey Dulaney | Paul Vigna | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/global-stocks-markets-dow-update-11-25-2022-11669376405
U.S. stocks fell Monday as investors worried about a rise in Covid-19 infections overseas and the state of the economy at home heading into the key holiday season. The Dow Jones Industrial Average slipped 45.41 points, or 0.1%, to 33700.28, while the S&P 500 dropped 15.40 points, or 0.4%, to 3949.94. The Nasdaq Composite lost 121.55 points, or 1.1%, to 11024.51.
Who’s Who in the FTX Mess
  + stars: | 2022-11-17 | by ( Paul Vigna | ) www.wsj.com   time to read: 1 min
The collapse of FTX has shaken the crypto world. To help you keep it all straight, here’s a quick list of the main people and companies involved. The PeopleSam Bankman-Fried: The 30-year-old co-founder of FTX and related companies. He was also a regular fixture in Washington, talking to lawmakers about regulation for the crypto industry. He resigned from FTX when it filed for bankruptcy on Nov. 11.
Bitcoin-Mining Machines: For Sale on Deep Discount
  + stars: | 2022-11-05 | by ( Paul Vigna | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bitcoin-mining-machines-for-sale-on-deep-discount-11667650411
Coinbase Global Inc. posted a loss of $2.43 per diluted share in the third quarter, compared with earnings of $1.62 a share a year ago, as its main revenue driver—crypto trading—remains depressed in the wake of the market’s crash. The second-largest crypto exchange lost $545 million—its third unprofitable quarter in a row—on total sales of $590 million in the quarter, down from a profit of $406 million on $1.3 billion of total sales the same quarter last year.
Crypto Exchange Coinbase Posts Third Consecutive Loss
  + stars: | 2022-11-03 | by ( Paul Vigna | ) www.wsj.com   time to read: 1 min
Coinbase Global Inc. posted a loss of $2.43 per diluted share in the third quarter, compared with earnings of $1.62 a share a year ago, as its main revenue driver—crypto trading—continues to remain depressed in the wake of the market’s crash. The largest U.S. crypto exchange lost $545 million on total sales of $590 million in the quarter, down from a profit of $406 million on $1.3 billion of total sales the same quarter last year.
The price of the cryptocurrency ether has fallen 19% over the past two weeks as Ethereum miners sell their holdings in the wake of a much-hyped software upgrade dubbed “the merge.”On Tuesday evening, ether’s price was $1,324, a decline of less than 0.1% from Monday.
CEO of Crypto Exchange Kraken Steps Down
  + stars: | 2022-09-21 | by ( Paul Vigna | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ceo-of-crypto-exchange-kraken-steps-down-11663778989
Binance and FTX Make Top Bids for Bankrupt Lender Voyager
  + stars: | 2022-09-21 | by ( Paul Vigna | ) www.wsj.com   time to read: 1 min
Crypto exchanges FTX and Binance have made the leading bids for the assets of bankrupt crypto-lender Voyager Digital according to people familiar with the matter, but neither bid has been accepted yet. The current bid from Binance is about $50 million, slightly higher than the competing bid from FTX, according to the people.
S&P 500 Breaks Five-Day Losing Streak
  + stars: | 2022-08-12 | by ( Caitlin Mccabe | Paul Vigna | ) www.wsj.com   time to read: 1 min
U.S. stocks rose, with the S&P 500 regaining some ground after five consecutive sessions of losses triggered by worries about how severe an economic downturn might be. The S&P 500 advanced 29.59 points, or 0.8%, to 3963.51 on Thursday. The Dow Jones Industrial Average gained 183.56 points, or 0.5%, to 33781.48. The Nasdaq Composite added 123.45 points, or 1.1%, to 11082.00.
Stocks Close Higher as Midterm Voting Begins
  + stars: | 2022-08-11 | by ( Will Horner | Paul Vigna | ) www.wsj.com   time to read: 1 min
U.S. stock indexes finished ahead on Tuesday as investors awaited the outcome of midterm elections, which are expected to result in a divided government. Stocks rallied in the morning before the S&P 500 and the Nasdaq Composite briefly fell into the red in afternoon trading. They rallied again before market close, though they pared their earlier gains. The S&P rose 21.31 points, or 0.6%, to 3828.11. The Nasdaq Composite added 51.68 points, or 0.5%, to 10616.20.
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