April 21, 2021

Market and Financial News

Market and Financial News Aggregator

Stocks Edge Down After Warnings of Fallout From U.S. Fund

1 min read

Stocks are under modest selling pressure as investors weigh the news that some banks could face hefty losses linked to problems at a U.S.-based hedge fund believed to be Archegos Capital Management.

At midday, the Dow Jones Industrial Average was down 32 points, or 0.1%. The S&P 500 was down 0.3% and the Nasdaq Composite dropped 0.7%.

Both…



2021-03-29 12:25:00

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