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MarketWatch.com - Financial Services Industry News



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Bitcoin makes up nearly half of the $100 billion cryptocurrency market cap. What’s the rest?

Fri, 23 Jun 2017 22:00:06 GMT

Bitcoin makes up nearly half of the $100 billion cryptocurrency market cap. So what makes up the rest? Here’s a chart breaking it down.(image)



The Ratings Game: Bed Bath & Beyond’s low marketing spend could be hurting prospects with millennials

Fri, 23 Jun 2017 20:53:21 GMT

Bed Bath & Beyond says it can cut advertising because it has more than 1,500 stores, but analysts say that could be hurting its brand(image)



Market Snapshot: Stock market books weekly, daily gain as tech and energy sectors rally

Fri, 23 Jun 2017 20:44:56 GMT

U.S. stocks finish mostly higher Friday as investors scoop up battered energy shares, and technology stocks extend their recent advance, helping the main indexes close out the week on a positive note.(image)



The Ratings Game: Plunge after Amazon–Whole Foods deal is Costco shares’ worst stretch since Great Recession

Fri, 23 Jun 2017 20:45:18 GMT

Costco’s stock extended its decline in the wake of the announcement of Amazon’s planned takeover of Whole Foods, which “surprised” Costco management, a Stifel Nicolaus analyst said.(image)



Why LGBT pride festivals have become increasingly corporate

Fri, 23 Jun 2017 20:20:01 GMT

Organizers of the celebrations and activists are at odds over the growing presence of corporate sponsors.(image)



Trump Today: Trump Today: President defends Comey comments and signs VA bill into law

Fri, 23 Jun 2017 20:12:10 GMT

President Donald Trump uses an interview to defend his actions in relation to the Russia investigation as he signs a veterans bill into law.(image)



Market Extra: What Russell index rebalancing means for the stock market

Fri, 23 Jun 2017 20:05:03 GMT

It is so-called Russell rebalancing day. That is the annual reconstitution of the Russell Indexes, where the index provider makes rule-based changes to composition of its indexes, to ensure that changes in market value or investment styles, for example, like shares of companies deemed value or growth, are properly represented.(image)



Medill News Service: Banks have enough consumer trust to move into emerging payment technology, experts say

Fri, 23 Jun 2017 19:41:06 GMT

Banks should be able to take advantage of consumer trust to capitalize on emerging payment technologies, specialists said Friday.(image)



Currencies: Dollar drops against major rivals with euro boosted by quarterly economic snapshot

Fri, 23 Jun 2017 18:58:44 GMT

The dollar slipped against major currencies Friday, dropping versus the euro in particular as the shared currency found traction on an upbeat quarterly eurozone growth reading.(image)