US stocks drop in broad pullback as investors cash in on 2024 gains
Traders take profits following big rise in equities this year
Read more at Financial Times
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Lululemon longtime bear is still telling investors to sell the stock
Lululemon Athletica Inc.’s stock slid 2.8% Thursday, after analyst firm Jefferies said it’s still recommending that investors sell the yoga-gear maker’s shares after they hit a second valuation ...MarketWatch - 1h -
Wall Street ends 2024 on down note but made substantial gains for the year
Wall Street ended 2024 with stocks slipping, but NBC News' Brian Cheung reports that overall, the year was good for investors.NBC News - 1d -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - 2h -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - 6h -
We're selling this stock for the first time in a year, locking in a nearly 1,000% gain
The last time we trimmed this stock was Jan. 2, 2024.CNBC - 7h -
South Korean investors pile into US equities as domestic stock market languishes
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’Financial Times - 17h -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - 1d -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - 1d
More from Financial Times
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Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - 4h -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - 8h -
Trump uses New Orleans attack to push security and border agenda
President-elect blames US military veteran’s alleged terror act on Biden’s immigration policyFinancial Times - 22m -
Musk is standing in the way as Bezos reaches for orbit
Though the Amazon founder has ground to make up, he is unlikely to be short of customers for his space projectFinancial Times - 2h -
New Orleans attack an ‘act of terrorism’ unrelated to Tesla blast, says FBI
Investigations into US New Year’s Day events continue to search for potential linksFinancial Times - 2h
More in Business
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House speaker election looks tricky. It may spark doubts over ‘whether Congress can achieve anything market-friendly.’
The U.S. House of Representatives may again struggle to pick a speaker, and one veteran analyst is warning that a protracted election process wouldn’t bode well for market-moving matters that ...MarketWatch - 9m -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - 14m -
Trump uses New Orleans attack to push security and border agenda
President-elect blames US military veteran’s alleged terror act on Biden’s immigration policyFinancial Times - 22m -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - 30m -
China has cost the U.S. millions of jobs. Trump will change that — though not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - 37m