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Commodity/Financial Market News


European stocks enjoyed an unusually strong open on Tuesday after a weak Wall Street finish, after a report the European Union will consider jointly issuing bonds to finance energy and defense spending. The Stoxx Europe 600 SXXP, +0.81% gained over 1% in early action, as the French CAC 40 PX1, +1.75% gained 2.5%, the German …

Text size A physical imitation of the Bitcoin cryptocurrency. AFP via Getty Images The price of Bitcoin dropped below $40,000 for the first time in months and other cryptocurrencies also dropped after the People’s Bank of China apparently warned against using digital coins as payment. Bitcoin dropped nearly 7% to $40,275 early Wednesday morning, bouncing off …

Stocks fell across Europe on Tuesday as Nasdaq futures tumbled more than 1%, with rising U.S. inflation concerns spooking investor sentiment. The pan-European Stoxx 600 SXXP, -2.18% slipped 2%, after closing at a fresh record high on Monday. In London, the FTSE 100 UKX, -2.23% fell 2.3%, while the CAC 40 PX1, -2.13% in Paris …

Shares of Cognizant Technology Solutions Corp. CTSH, +0.30% inched 0.30% higher to $80.18 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.08% to 4,183.18 and Dow Jones Industrial Average DJIA, -0.48% falling 0.48% to 33,820.38. This was the stock’s third …

Technically speaking, the major U.S. benchmarks have taken flight to start April, rising amid statistically unusual bullish momentum. In the process, the S&P 500 and Dow Jones Industrial Average have knifed to record highs, while the Nasdaq Composite has staged a potentially consequential trendline breakout. Before detailing the U.S. markets’ wider view, the S&P 500’s …

Shares of Cognizant Technology Solutions Corp. CTSH, -0.57% dropped 0.57% to $78.12 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.36% rising 0.36% to 3,972.89 and the Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 32,981.55. Cognizant Technology Solutions Corp. closed …

Shares of Cognizant Technology Solutions Corp. CTSH, -1.49% slipped 1.49% to $78.06 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 33,171.37 and the S&P 500 Index SPX, -0.09% falling 0.09% to 3,971.09. The stock’s fall snapped a …

Shares of Cognizant Technology Solutions Corp. CTSH, +0.21% inched 0.21% higher to $77.10 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.52% rising 0.52% to 3,909.52 and the Dow Jones Industrial Average DJIA, +0.62% rising 0.62% to 32,619.48. This was the stock’s …

JOHANNESBURG—South African platinum miners are raking in record amounts of cash and reinvesting in their mines in a bet that vehicles powered by hydrogen fuel cells will help lift demand. After years of low prices, profits at local miners of platinum group metals, which include palladium and rhodium among others, have soared, even though lockdowns …

Selling in U.S. government bonds accelerated on Thursday, sending yields soaring again as uncertainty over the pace of economic expansion continued to unsettle financial markets. The yield on the benchmark 10-year Treasury note, which rises when bond prices fall, jumped above 1.7% for the first time since the pandemic in early trading Thursday. Declines spread …