Dow Futures Crumble on Fears Trade Deal Could Blow Up Before Christmas

Dow, Dow Jones, Dow Futures

Dow Jones Industrial Average (DJIA) futures fell 50 points ahead of the bell on Thursday. Significant roadblocks between the US and China have dampened prospects of a trade deal. Former Credit Suisse CIO said talks are at risk of breaking down before Christmas. Dow Jones Industrial Average (DJIA) futures slumped lower in premarket trading Thursday, […]

Japan’s Biggest Bank Won a $500 Million Bond Deal, Only to Lose $15 Million

MUFG

The securities unit of Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banks, purchased $500 million in bonds only to fumble up in the red. A move against its competitor Credit Suisse Group AG, the company fought hard to garner what they thought would yield solid profits in 2027, only to receive a mediocre […]

How Apple & Google Transformed into a Systemic Risk to the US Stock Market

apple stock market price

According to Credit Suisse strategists, the “reversal of fortunes” seen by tech behemoths Apple and Google-parent Alphabet are dragging down the performance of the overall US stock market. The S&P 500 forecast has been “skewed” by companies suddenly transitioning from high growth forecasts to much more modest outlooks. This Bad Apple Could Roil the S&P […]

Wall Street Banker Quits to Advise ICO Startups – Report

Tezos

Brian Wirtz must have been a fish out of water at Credit Suisse Group AG. The investment banker for the bank’s tech, media and telecom group was more interested in evangelizing cryptocurrencies than he was traditional deals, and most likely that made him the odd man out at a firm as traditional as Credit Suisse. […]