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Stocks dive on news of Michael Flynn pleading guilty to lying to FBI The Flynn news unnerved financial markets, which have been rising on hopes that Trump's tax cut plan was moving closer to passage, which was viewed as positive for economic growth. "Implications for political change are huge," said David Kotok, chief investment officer at money management firm ...
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CME, CBOE to Begin Bitcoin Futures Trading The regulator also indicated that it would maintain a close watch on the nascent market for bitcoin-tied financial products. The CFTC said that it intends to "assess whether further changes are required to the contract design and settlement processes and work with the [designated contract markets] to ...
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Sponsors Must Weigh Response To Record-Breaking Equity Markets The Wilshire 5000 Total Market Index, billed by its creators as "a pure and complete measure of the U.S. stock market," gained an impressive 3.04% in November, closing the month at 27,356.70 for yet another record high. According to data provided by Wilshire Associates, without counting dividends ...
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