Nasdaq short interest up 0.3% in late February
Short interest on the Nasdaq rose 0.3% in late February, the exchange said on Tuesday.
Oil jumps 10%, U.S. stocks rebound after market rout
Oil and global equity markets charged back on Tuesday after the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, but stock gains in Europe failed to hold as investors remained skittish.
Wall Street bounces back as stimulus hopes soothe recession fears
Wall Street roared back to life on Tuesday, rebounding from the brink of bear market confirmation as bargain-hunting and hopes of government stimulus calmed investors’ fears surrounding the coronavirus and growing signs of imminent recession.
Mexico says seeking to mediate in Russia vs Saudi Arabia oil spat
Mexico is seeking to mediate the oil dispute between Russia and Saudi Arabia, its finance minister said on Tuesday, saying the conflict that has battered global oil prices has affected Latin America’s second-largest economy.
Sports events hit by the coronavirus epidemic
Here is a list of international sports events hit by the coronavirus outbreak:
Closely watched opioid trial in New York postponed due to coronavirus
A highly anticipated trial pitting New York state against McKesson Corp , Johnson & Johnson , CVS Health Corp and others for allegedly fueling the opioid epidemic has been postponed due to the coronavirus outbreak, according to the court.
Fidelity names veteran Maggie Serravalli as CFO
Fidelity Investments named company veteran Maggie Serravalli as chief financial officer, replacing Gerard McGraw, according to a note viewed by Reuters.
Morgan Stanley confirms New York employee tests positive for coronavirus
Morgan Stanley confirmed on Tuesday that an employee at the bank’s campus in Purchase, New York, has tested positive for coronavirus, according to a bank memo obtained by Reuters that was verified by the bank.
Wells Fargo CEO tells Congress bank has doubled down on regulatory issues
New Wells Fargo & Co Chief Executive Charlie Scharf testified on Tuesday that substantial change was underway at the bank as lawmakers grilled him on the status of its remediation efforts and contingency plans related to coronavirus.
Stocks, oil rebound after prior day’s market rout
Oil and global equity markets rebounded on Tuesday after the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, but stock gains in Europe failed to hold as investors remained skittish.
