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Asian stocks opened sharply lower on Friday after Wall Street's main indexes tumbled, with technology-related stocks under pressure following a steep rise in benchmark U.S. Treasury yields.

Wall Street's main indexes tumbled on Thursday, with the Nasdaq index posting its largest daily percentage fall in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields.

In trading on Thursday, shares of Amazon.com Inc (Symbol: AMZN) crossed below their 200 day moving average of $3070.41, changing hands as low as $3047.76 per share. Amazon.com Inc shares are currently trading down about 3.2% on the day. The chart below shows the one year perf

A jump in benchmark U.S. Treasury yields on Thursday led a gauge of global equity markets to tumble as investors sold the high-flying tech stocks that fueled Wall Street's rally to record highs and took precautions against the threat of inflation.

Wall Street's main indexes ended sharply lower on Thursday, with the Nasdaq index posting its largest daily percentage fall in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields.

Topping some of its major retail industry rivals, Costco Wholesale (NASDAQ: COST) CEO Craig Jelinek said Thursday that his company is lifting its minimum wage to $16 per hour. The change will take effect next week, and it gets ahead of President Joe Biden's aim to raise the natio

Wall Street's main indexes dropped on Thursday, with the Nasdaq on track for its worst day in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields.

Wall Street's main indexes fell on Thursday, with the Nasdaq slipping about 2.5%, as technology-related stocks remained under pressure following a rise in U.S. bond yields.

While Walmart's (NYSE: WMT) stock price fell by around 5% last week after reporting its fiscal fourth-quarter results, the company's business is still strong and long-term investors should take notice. Walmart capped off a very good year, which ended on Jan. 31, with a 7.5% year-

The explosive growth of Clubhouse, an audio-based social network buoyed by appearances from tech celebrities like Elon Musk and Mark Zuckerberg, has drawn scrutiny over how the app will handle problematic content, from hate speech to harassment and misinformation.

Amazon (NASDAQ: AMZN) is a perfect example of how investors can find wealth-building investments right under their noses. The e-commerce giant has become a household name, with more than 150 million Prime members and $386 billion in annual sales. Despite its immense size, Amazon

Rumors surfaced late last week that Amazon (NASDAQ: AMZN) could be interested in acquiring beleaguered theatre chain AMC Entertainment (NYSE: AMC). The story was based on months-old speculation that the two companies had held discussions about the possibility of a takeover. Inves

The Nasdaq and S&P 500 indexes were set to open lower on Thursday as heavyweight technology-related stocks remained under pressure with a rise in U.S. Treasury yields, while data showed weekly jobless claims fell more than expected.

Long-term investors have the best chance of retiring with wealth. But holding stocks long-term means weathering all types of financial climates, including recessions. Over time the broader market has always rebounded and returned stronger after recession dips, and the best course

Many investors are familiar with valuation metrics like price-to-earnings and price-to-sales ratios, and those certainly have their place in helping to evaluate companies on a relative basis. But they don't provide much insight into how efficiently a business operates or how effe

Futures tracking the Nasdaq index fell 1% on Thursday, sliding for seven out of the last eight sessions, as investors rotated out of technology-related stocks into shares that are poised to benefit from an economic rebound later in the year.

The explosive growth of Clubhouse, an audio-based social network buoyed by appearances from tech celebrities like Elon Musk and Mark Zuckerberg, has drawn scrutiny over how the app will handle problematic content, from hate speech to harassment and misinformation.

Without a doubt, 2020 was a difficult year for the U.S. economy. But while consumers abandoned restaurants and airlines en masse, other sectors benefited substantially. In addition, some consumer trends that emerged in the past year are poised to reward bold investors who purchas

Walgreens Boots Alliance (NASDAQ: WBA) is a retail pharmacy giant that owns thousands of stores across the U.S. The 120-year-old company has become a household name for many Americans. But its business model is facing some serious challenges, especially as more consumers turn to

A record half-billion dollar redemption from Ark Invest's flagship fund in a single day has led analysts to highlight the risks arising from the ETF's heavy exposure to illiquid stocks if outflows pick up pace.