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Wall Street's main indexes slid more than 1% on Tuesday after a hotter-than-expected jobs report deepened worries over interest rates staying higher for longer, providing a fresh leg up to Treasury yields and dragging megacap stocks lower.

Stocks recently posted their worst month and first negative quarter of 2023 as the possibility of interest rates remaining higher for longer weighed on investors' sentiment.

Shares of Taiwan Semiconductor Manufacturing Co (TSM ), the world’s largest contract chipmaker, have fallen more than -10% since posting a 6-month high in June as weakness in demand and elevated inventories plague the chip sector. The stock is also under pressure from soft global consumer electronics demand and the...

Wall Street's key indexes dropped on Tuesday as Treasury yields extended their multi-year-high rally after hotter-than-expected jobs data fanned fears of interest rates remaining higher for longer, dragging down megacaps.

A Russian court rejected Apple's appeal against the alleged abuse of its dominant market position in terms of in-app payments, for which it was fined 1.2 billion roubles ($12.1 million) in January, the RIA news agency reported on Tuesday.

HMD Global, which makes Nokia-branded phones, has become the first major smartphone company to manufacture devices in Europe with its first made-in-Hungary 5G model, aimed at data security-conscious customers, now available for purchase.

Wall Street's key indexes were set to open lower on Tuesday as prospects of an extended restrictive monetary policy pushed Treasury yields to multi-year highs, while investors awaited crucial employment data to gauge the U.S. interest rate outlook.

U.S. stock index futures fell on Tuesday as prospects of an extended restrictive monetary policy pushed 10-year Treasury yields to a fresh 16-year high, while investors awaited key employment data to gauge the Federal Reserve's rate path.

Global technology giants faced the biggest drop in their market capitalization in September, hit by a rise in U.S. bond yields and waning enthusiasm over artificial intelligence (AI).

U.S. stock index futures were nearly flat on Tuesday as investors awaited key employment data this week, while prospects of an extended restrictive monetary policy kept Treasury yields elevated, pressuring stocks.

Tech stocks made a solid recovery this year after falling out of favor in 2022. Macroeconomic headwinds have caused declines across the industry as inflation hikes curbed consumer and commercial spending. However, advances in burgeoning markets like artificial intelligence (AI) s

Apple has started requiring new apps to show proof of a Chinese government licence before their release on its China App Store, joining local rivals years that had adopted the policy years earlier to meet tightening state regulations.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.83%. Stocks on Monday settled mixed, with the Dow...

Tech stocks were mixed late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the Philadelphia Semiconductor index down 0.2%.

As student loan repayments start back up this October, some stocks could benefit while others might be negatively impacted. Here's the list of winners and losers as the student loan moratorium ends.

Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the Philadelphia Semiconductor index fractionally lower.

The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more Federal Reserve officials and economic data this week to gauge the central bank's interest-rate path.

Strong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have been hammered by the rise in Treasury yields and are trading at their cheapest levels in six years by one measure, according to Goldman Sachs strategists.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. Stocks this morning are mixed as rising bond yields...