Robinhood Private Company Fund to Back Y Combinator Startups

Robinhood Markets Inc. kicked off formal marketing of its second publicly traded closed-end fund, which will focus on investing in private companies that have participated in startup accelerator Y Combinator’s programs. Robinhood Ventures Fund II is offering 7.6...

Japan’s Use of Fed Repo May Ease Pressure on Treasury Market

Treasury Secretary Scott Bessent’s championing of a Federal Reserve facility Japan can use to boost the yen comes with the benefit of protecting the US bond market from excess sales. The Foreign and International Monetary Authorities Repo Facility enables overseas...

JPMorgan Sees S&P 500 Set to Rally as a Buy Signal Flashes

JPMorgan Chase & Co.’s analysts said an in-house indicator is “now flashing a buy-signal” — something that has typically indicated the S&P 500 Index is poised to gain. The bank’s global market intelligence team, lead by Andrew Tyler, said its so-called...

SK Hynix Slumps Below US IPO Price as Mega-Listings Turn Sour

SK Hynix Inc.’s American depositary receipts slumped to a new low after a record-setting $26.5 billion debut earlier this month as investors dump once-high flying semiconductor stocks. The South Korean memory chipmaker dropped as much as 10% to trade as low as...