Category: Ground

Wall Street Gains Ground, Turning Higher for the Week

Stocks closed broadly higher on Wall Street Wednesday and pushed major indexes into the green for the week, as investors welcomed a report showing consumer confidence is holding up better than expected. The S&P 500 and Nasdaq composite each rose 1.5 percent. The Dow Jones Industrial Average gained 1.6 percent with a lot of help…


Bitcoin Struggles to Regain Ground After Plunging on China Clampdown

LONDON/HONG KONG—Bitcoin strained on Tuesday to climb away from a two-week low touched a day earlier when China’s central bank reaffirmed a clampdown on cryptocurrencies and restricted trading channels for Chinese residents. The world’s largest cryptocurrency gave up most of its earlier gains and was last up 0.5 percent at $31,753. It tumbled over 10…