Finance

We have seen a classic midday dip in the markets Thursday because certain sectors are absurdly overbought, and the volumes have been thin. When bids are very light because there is not a lot of interest in bidding up the market at these prices, very small drops can cascade into …

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange on January 31, 2014 in New York City. Check out which companies are making headlines after the bell: Shares of Amazon fell more than 3 percent in extended trading after …

Now playing on a quote screen near you: “The Divergent Series: Financials vs. Technology.” Financial and tech stocks – the two largest segments of the market — have been moving in opposition to one another lately to an unusual degree. On a day-by-day basis, when Big Tech has been rallying …

Spencer Platt | Getty Images News | Getty Images Traders work on the floor of the New York Stock Exchange on January 31, 2014 in New York City. Check out which companies are making headlines after the bell: Shares of Amazon fell more than 3 percent in extended trading after …

U.S. equities have had a banner year, but a Wall Street legend says something just doesn’t feel right. Byron Wien, vice chairman at Blackstone and a 50-year veteran of Wall Street, pointed out Wednesday there has been a “strong congruence” between the Federal Reserve’s balance sheet expansion and the S&P …

Victor Fraile | Power Sport Images | Getty Images Airbus A380-800, manufactured by Airbus SAS and operated by Qatar Airways and Etihad Airways. Europe’s Airbus on Thursday unveiled a one-third slump in half-way operating profit on flat revenue, as delays in engine deliveries for its upgraded A320 neo hit interim …

Jerome Favre | Bloomberg | Getty Images A man takes photographs outside the Wynn Macau casino resort, operated by Wynn Resorts Ltd. Shares of high-end hotel operator Wynn Resorts fell more than 6 percent Wednesday after the company said gambling at their tables decreased in Macau. Wynn said mass market …

Dadang Tri | Bloomberg | Getty Images A worker stands in above a stockpile of copper-gold concentrate from Freeport McMoRan Inc.’s Grasberg copper and gold mine at the company’s processing facility in the port of Amamapare, Papua province, Indonesia, on Tuesday, April 21, 2015. Mining stocks led the S&P 500 …

Facebook shares fell in the premarket Tuesday after the earnings report for internet competitor Alphabet disappointed investors, who sent shares of the Google-parent down more than 3 percent. But Citi Research believes these investors are wrong and that actually a figure within the Alphabet’s earnings report points to a better-than-expected …

Drew Angerer | Bloomberg | Getty Images Michael Corbat, chief executive officer of Citigroup Inc. Citi shares rose 3 percent in opening trade Tuesday as the financial firm began its first investor day since May 2008, just before the financial crisis. “As you know, it has been a while since …