Market News

Traders Pile In at Close

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The middle of the day has become awfully quiet on the U.S. stock market, as index funds and computer models push the action toward the end of the trading day.

Asia Shares' Gains Get a Bit Worrisome

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Shenzhen is on track to gain 30% this month and Tokyo is up for 11th straight day—but the region’s extended strong performances are starting to put investors on guard.

Argentina Regains Allure to Investors

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Hedge funds are piling into investments in a most unlikely locale: Argentina.

U.S. Seeks Details on Top China Official Amid Bank-Hiring Probe

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The SEC is seeking information about a Chinese anticorruption official in connection with its probe of J.P. Morgan’s hiring of relatives of Chinese government officials.

Business Lending by U.S. Banks on the Rise

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Banks are lending to businesses at such a rapid clip that those loans are on pace to overtake residential mortgages for the first time since the 1980s.

Toshiba Could Shine Once Mess Is Cleared

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Heard on the Street: Toshiba’s accounting issues could be the setback the company needs to clean up its broader portfolio of businesses.

Nasdaq Closes at New Record

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The Nasdaq Composite rose to a new record close Wednesday, as technology companies led major benchmarks higher one day after their biggest losses in weeks..

Bids Fly as GE Unit Auction Nears an End

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Several private-equity firms are vying to buy General Electric Co.’s unit that funds leveraged buyouts, in a sale process that could fetch more than $17 billion for GE and be the largest U.S. finance deal since the financial crisis.

GameStop Has More Lives Left

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Ahead of the Tape: GameStop’s used-videogame cash cow has lasted longer than pessimists predicted.

Bank Chiefs Don't Buoy Trading Hopes

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Heard on the Street: Comments from BofA’s Brian Moynihan and J.P. Morgan’s James Dimon do little to lift hopes for a trading uptick in the second quarter.

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