Day: September 4, 2020

Sep 04
Asian shares follow Wall Street lower as investors pull back

Asian shares skidded Friday after Wall Street had its worst day since June, as investors’ exuberance faltered after a spate of record highs. Asian Shares Shares fell across the region Friday, with Tokyo’s Nikkei 225 shedding 1.1%. The Nikkei 225 shed 255.04 points to 23,210.49. The Hang Seng in Hong Kong lost 1.9% to 24,528.82. […]

Sep 04
Robinhood is reportedly facing multiple investigations by SEC

Robinhood Markets Inc. faces a civil fraud investigation over its early failure to fully disclose its practice of selling clients’ orders to high-speed trading firms, people familiar with the matter said. The investigation is at an advanced stage and the company could have to pay a fine exceeding $10 million if it agrees to settle […]