Stocks Stage Recovery After Dow Drops Over 700 Points

The Dow Jones Industrial Average tumbled as much as 785 points Thursday before sharply paring those losses in the final hour of the session, showcasing the volatility that has rocked markets since the start of the fourth quarter. Major indexes opened modestly lower and continued falling throughout the morning as the arrest of a top…

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Fed Looks for Goldilocks Path as Jobless Rate Drops

Most Federal Reserve officials agree on the path for interest rates over roughly the next year: proceed with gradual increases until borrowing costs reach a level that neither slows nor spurs growth. The big question, however, is what to do after getting to that so-called neutral setting. The answer will largely depend on how inflation…

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Twitter User Numbers Slip as It Shuts Fake Accounts; Stock Drops

Twitter Inc. said its number of monthly users dropped in the second quarter and could continue to fall as the social-media company purges fake accounts. The company’s shares sank nearly 17% in early trading. Before Friday, the stock had risen 79% in 2018. The report came a day after Facebook Inc.’s stock plunged following the…

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Bill Gross’s Janus Unconstrained Bond Fund Drops Sharply

Bill Gross’s flagship fund dropped more than 3% Tuesday, an unusually big decline for a bond fund in just one day, and a sign of how the shockwaves from this week’s sudden moves in European markets are reverberating. The Janus Henderson Global Unconstrained Bond Fund may have been wrong-footed by a bet that German bond…

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