South Korean Stock Selloff Eases as Retail Traders Buy the Dip

South Korea’s stock benchmark pared losses after a sharp afternoon rebound as retail investors bought on the dip, offsetting some of the earlier selling driven by valuation concerns. The Kospi Index fell 2.9% on Wednesday, its steepest drop since August, after...

Retail Traders Post Worst Day Since April as Tech Rally Stumbles

For the day traders who pile into the hottest stocks, Tuesday was the worst session since the April chaos caused by Donald Trump’s trade war. The Retail Favorites Index — a Goldman Sachs Group Inc. basket of stocks heavily owned by non-professional traders — was hit...

Treasury Secretary’s Warning of a ‘Housing Recession’

The U.S. housing market may be experiencing a recession due to the Federal Reserve’s monetary policies, according to Treasury Secretary Scott Bessent. He blames high mortgage rates on the central bank, affecting sectors like housing, particularly impacting...