Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals

Copper and industrial metals largely held Tuesday’s slump as a stronger dollar and the Federal Reserve’s hawkish stance weighed on the demand outlook. Copper was slightly higher on the London Metal Exchange, after losing 2% on Tuesday as a bearish turn in equity...

Bitcoin Hits Two-Week Low as Tech Selloff Sparks Risk-Off Mood

Bitcoin fell to an almost two-week low as a selloff in tech stocks hit risk assets. The original cryptocurrency fell as much as 3.9% to $61,877, its lowest level since June 11. It pared some losses to trade around $62,400 in New York trading hours. Other...

War, Inflation Can’t Stop ETFs’ Trillion-Dollar Inflow Boom

Exchange-traded funds are attracting cash at a record-breaking trillion-dollar pace despite persistent inflation, war in the Middle East and bouts of market volatility — a testament to American households’ enduring buy-and-hold conviction. US-listed ETFs have absorbed...

Private Equity Zombies Expected to Multiply as Deal Lull Drags

Private equity fund investors expect more so-called zombie funds to show up in their portfolios as dealmaking remains muted, according to a survey from secondaries firm Coller Capital. More than half of investors said they expect the number of zombie funds, where a...