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| Turmoil as Russia investigation reportedly moves closer to Trump The moves in U.S. financial markets reverberated across assets in Europe and emerging markets. Government bond yields and stocks in the euro area tumbled following the news. Reuters has not verified the ABC News report, which cited a Flynn confidant. "The market hasn't priced in a former national ...
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| What 'President Pence' would mean for markets Not much rattles financial markets these days. But Michael Flynn's guilty plea did, with stocks falling abruptly on news that President Donald Trump's short-lived national security adviser admitted lying to the FBI, and may now provide new evidence of improprieties on Trump's presidential campaign, and ...
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Sell-off aside, history suggests that big gains are in store for the market in December But despite the sell-off, Ryan Detrick, senior strategist at LPL Financial, says the plunge will do little to alter his bullish thesis on the market. "Although [Friday's] Washington drama could cause some near-term volatility, the overall economy is on very firm footing and we don't expect this to lead to a major ...
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| Is a coming stock trading audit system ready for prime time? A House panel heard updates on the Consolidated Audit Trail, a software system designed to track and surveil stock market transactions and allow Securities and Exchange Commission regulators to trace suspect automated transaction patterns back to individual firms and traders. "The stock market is ...
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