SPDR S&P 500 ETF Trust (SPY) option IV near low end of range
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- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
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- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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BofA survey suggests consumers plan to ease spending this year
January 10, 2024 8:30 AM ESTIn its consumer checkpoint note Wednesday, Bank of America said its Winter Spending Survey suggests consumers are planning to pull back a bit this year, potentially trimming their spending on meals out and other experiences.
The firm explained that consumer spending finished solidly in 2023, with total card spending per... More
US office vacancy rate jumps to record high
January 9, 2024 11:46 AM ESTAccording to Moody's, US office vacancies rose to a record in the fourth quarter of 2023, "shattering the previous record."
The office space surplus follows a significant shift in working habits following the COVID-19 pandemic, with more people working from home or utilizing the possibility of a hybrid work... More
