Tag: SPX

Office giant Boston Properties raises $850 million with new 12-year green bond financing

Boston Properties, one of the world’s biggest office landlords, raised $850 million in fresh debt on Wednesday through a 12-year green bond financing. The company owns and develops iconic real estate in major U.S. cities and beyond, including San Francisco’s Salesforce Tower, and expects to use proceeds from Wednesday’s financing to repay outstanding corporate debt […]

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Stock-market traders brace for ‘quadruple witching’

The stock market is repeating a pattern of midmonth stumbles some analysts tie to options expiration. That dynamic could be amplified this week ahead of “quadruple witching,” the simultaneous expiration Friday of individual stock options, stock-index options, stock-index futures and single-stock futures. Options are financial instruments that give the holder the right but not the […]

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

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Treasury yields edge lower as investors brace for U.S. inflation data

Treasury yields moved slightly lower Monday, with investors awaiting this week’s round of closely watched economic data, including the August consumer-price index reading. What are yields doing? The yield on the 10-year Treasury note TMUBMUSD10Y, 1.323% was at 1.323%, compared with 1.340% at 3 p.m. Eastern on Friday. Yields and debt prices move in opposite […]

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Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.

Morgan Stanley’s optimistic view of the economy isn’t keeping it from warning about a looming correction in the U.S. stock market.  “The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of […]

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Tesla’s Elon Musk reportedly urges ‘super hardcore’ push for deliveries amid supply chain problems

Tesla Inc. Chief Executive Elon Musk is urging employees to “go super hardcore” in the coming weeks in order to ensure a “decent” amount of vehicle deliveries this quarter, according to new reports. Tesla TSLA, +0.13% regularly faces quarterly delivery crunches, but this one appears worse than usual. Citing an internal email they obtained, Reuters […]

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The S&P 500 hasn’t seen a year-to-date rally this strong since 1997. What’s next?

The S&P 500 continued chugging into record territory Monday, on track to end August with its best performance over the first eight months of a calendar year since 1997. History offers no guarantees, analysts said, but shows that strong performances tend to see follow-through. The large-cap benchmark SPX, +0.43% rose 0.5% on Monday to post […]

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