Wall Street tycoons warn: US stocks will return to bear market! As early as the end of this year, the latest by early next year.

In an interview, Rogers stated that in recent times, a large number of new investors have been entering the US stock market, adding to the phenomenon of a decrease in market breadth and high debt levels, indicating that the US stock market is experiencing a bear market decline. He predicts that the US stock market will return to a bear market at the earliest by the end of this year and at the latest by next year.

wallstreetcn04:53 ET

Widespread Microsoft Outage Impacts Airlines, Banks

A series of technical glitches disrupted services at airlines, banks and the London Stock Exchange on Friday, an unusual cascade of failures that erupted from the US to Asia after Microsoft Corp. reported an outage across its online services. Kriti Gupta, Anna Edwards and Guy Johnson report.

Bloomberg04:00 ET

Insider's Guide to Financial Market Evolution

The world of finance is abuzz with exciting developments! From the revolutionary potential of Fintech to the enigmatic rise of Central Bank Digital Currencies, the way we manage and interact with money is undergoing a fascinating transformation.

FXStreet03:02 ET

Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.

Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.

Zhitong Finance01:22 ET

Elliott Wave Technical Analysis: S&P500, Nasdaq 100, Russell 2000, DAX 40, FTSE 100, ASX 200 [Video]

S&P 500 (SPX) and NASDAQ 100 (NDX): These indices show distinct corrective patterns.

FXStreet01:05 ET

Wall Street's 'Great Rotation Trade' Takes A Break

A weeklong decline in megacap technology stocks broadened Thursday to encompass smaller firms and financial shares as signs of economic weakness overwhelmed optimism over rate cuts.

Business Today20:21 ET