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Press Releases

Oil soars 2.9% to 3-year high, settling at $68.47, as US crude stockpiles drop

Oil prices rose after data showed U.S. crude stockpiles fell last week and as the market continued to worry about supply disruptions.


S&P 500 and Nasdaq rise on earnings, but Dow closes lower as IBM falters

Stocks rose slightly on Wednesday as some of the biggest U.S. companies reported strong quarterly results, lifting investor sentiment.


2-year Treasury yield hits new 2008 high

U.S. government debt yields rose on Wednesday, with short-term rates floating near multiyear highs.


2-year yield hits highest level since 2008 after Fed official says he sees more inflation ahead

The two-year Treasury note yield rose to its highest level since 2008 on Tuesday after a top Federal Reserve official said he expects U.S. inflation to rise.


Drug distributor and drugstore stocks rally after Amazon shelves plan to sell to hospitals

Shares of Cardinal Health, McKesson, AmerisourceBergen, Walgreens Boots Alliance and CVS Health all rose on the news.


Dow surges 200 points after Syria fears ease, earnings come in better than expected

U.S. stocks rose on Monday as fears of an escalating conflict in Syria eased for the moment.


2-year Treasury yield hits 2008 high after solid retail sales, geopolitical fears ease

U.S. government debt yields rose on Monday after strong retail sales and amid receding geopolitical fears.


Health-care companies are on a deal spree and aren't likely to stop anytime soon

The number of health-care deals rose 16 percent last year, while value surged 27 percent, according to a new report from Bain & Company.


Bitcoin jumps above $8,000, bringing gains this week to more than 18 percent

The cryptocurrency briefly rose more than 6.5 percent over the last 24 hours to a high of $8,204, according to Coinbase.


Dow surges nearly 300 points as Syria concerns ease, banks jump before earnings

Stocks rose sharply on Thursday after President Donald Trump clarified his position on a possible missile attack in Syria.