Wall Street ends down as megacaps give back gains

Wall Street ends down as megacaps give back gains

By Noel Randewich and Shristi Achar A (Reuters) – U.S. stocks ended lower on Monday, interrupting last week’s rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut...
Crypto stocks surge as bitcoin hits fresh 2023 high

Crypto stocks surge as bitcoin hits fresh 2023 high

(Reuters) -Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Shares of companies whose fortunes are tied to the cryptocurrency have rallied in...
Ford’s November US vehicle sales slip, EV sales rise

Ford’s November US vehicle sales slip, EV sales rise

(Reuters) -Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker worked to restart some of its key plants following a lengthy workers’ strike that impacted vehicle production. However, sales of Ford’s electric...