Finance

Eduardo Munoz Alvarez | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on August 13, 2018 in New York City. The Turkish lira hit a record low on Monday, rattling global currency markets and falling 8 percent against the dollar.  Check out the companies …

Getty Images A sign advertising a sale sits outside a Lumber Liquidators store on April 29, 2015 in Chicago, Illinois. Stocks of major home construction companies fell on Wednesday, beleaguered by a slump in U.S. equity trading and a decline in homebuilder sentiment. Declines in Lumber Liquidators and American Woodmark …

The Turkish lira may be set for even more pain despite attempts by the country’s banking regulator to curb investor ability to buy and short the national currency. Quick political fixes tend to provide short-term rallies to foreign exchange markets, but frequently lead to a resurgence in volatility in a …

Against that backdrop, emerging markets — which Turkey is part of — have become the biggest casualty in the recent market rout. The iShares MSCI Emerging Markets exchange-traded fund, a passive investment product that tracks the index, has fallen by more than 1 percent this week even though Turkey makes …

Stocks still rank low on the popularity list for Chinese investors, while private funds are playing a larger role in the country’s asset management market — which many predict will soon become the world’s second largest. Mainland Chinese assets under management grew 22 percent last year to $4.2 trillion, outpacing …

Michael Nagle | Bloomberg | Getty Images The New York Stock Exchange (NYSE) is reflected in a puddle in New York, U.S., on Monday, June 18, 2018.  Check out the companies making headlines after the bell: Energen surged more than 7 percent in after-hours trading after Diamondback Energy announced it …

Cumulative downloads of Square’s Cash app have surpassed those of Paypal’s Venmo for the first time after a monster July, according to data from Sensor Tower and Nomura Instinet. Cumulative downloads for the Cash App now total 33.5 million, exceeding Venmo’s 32.9 million for the first time ever, after Square’s …

David Paul Morris | Bloomberg | Getty Images en-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during an event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Sunday, Jan. 7, 2018. Nvidia’s shares will rise in the coming year due to strong …

Ken James | Bloomberg | Getty Images An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Check out the companies making headlines after the bell: Tesla’s stock rose more than 3 percent during after-hours trading after a CNBC report that …

Growth stocks have rebounded nicely after a steep three-day decline relative to value shares and this could lead to more gains in the broader stock market, according to data from Bespoke Investment Group. The S&P 500 Growth index is up 2.96 percent since July 31 through Wednesday’s close, compared with …