Wall Street

The Trump Organization is under investigation by the Manhattan district attorney for possible financial crimes and insurance fraud.

While Apple's image has arguably emerged less bruised than some Big Tech names, it is hardly free of controversy.

On Friday before the Christmas break, markets wavered in similarly subdued trade.

The growth outlook was also in focus as Brussels on Thursday raised its forecast for eurozone output this year.

Crypto prices have been driven higher by both institutional demand and retail buying

The Fed's move comes as other central banks have already lifted borrowing costs or started to tighten the purse strings.

Amazon disclosed last week a stake of $3.8 billion in preferable stock of Rivian, according to a securities filing.

The US Federal Reserve is expected to begin paring its stimulus before the end of the year.

The recent decision by OPEC and other major producers not to ramp up output has further strained global supplies.

Runaway gas prices are widely expected to ratchet up demand for crude, further spooking markets.

Beyond the Evergrande saga, Gregori Volokhine of Meeschaert Financial Services blamed the standoff over the US debt ceiling

Oil prices have bounced back strongly, and inched up despite the International Energy Agency saying global crude demand had dropped for three straight months

Oil prices rose further following last week's gains

US stocks had dropped the last two sessions, with analysts pointing to a weak retail sales report amid the Delta variant

Wall Street's streak of five straight records for the Dow and S&P 500 indices ended with a thud

China has also been confronted with a worsening resurgence of Covid-19.

A bigger unknown may be the platform's fate when the stock market no longer sees steadily climbing equity values as it has in recent months.

Twitter shares were up more than five percent in after-market trades that followed release of the earnings figures.

The Delta variant has been in the headlines for weeks, but concerns on Wall Street grew after Los Angeles reimposed an indoor mask mandate over the weekend

British data showed unemployment dipped to 4.8 percent in the three months to the end of May from 5.0 percent in the three months to February.

The Fed has said repeatedly that stiff increases in consumer prices will be transitory, and so far the markets have largely accepted that argument.

US stocks ultimately recovered somewhat from their session lows, but all three major indices ended solidly down, with the Dow shedding 0.8 percent.

In currency markets, the pound was higher against its main rivals after the Scottish National Party fell short of an outright majority in UK regional elections.

Before its spectacular rise in recent months, bitcoin had experienced setbacks, particularly in 2018 when the currency kept falling.

The platform allows users to create their own video games and gives them a share of related revenue.

It counted close to 33 million daily players in 2020, and revenue soared 82 percent to $924 million.

The rise in yields on government bonds in the United States and other key economies last week sparked a market meltdown, which was exacerbated as traders sought to lock in gains.

All three major US indices fell sharply, but the tech-dominated Nasdaq was by far the weakest, sinking 3.5 percent.

Bitcoin topped $50,000 for the first time amid increased support from corporate heavyweights.

Bitcoin briefly pushed to a record-high of $48,215.83 after winning a huge boost Monday from news that Elon Musk's electric carmaker Tesla had invested $1.5 billion in the cryptocurrency.