NewsWatch: Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.

MARKETWATCH FRONT PAGE

Stocks are set for a mixed day ahead while crypto is surging, as even the slow days of summer trading continue to keep the black clouds away from financial markets. It may not last for long. See full story.

Fed official says another boom-and-bust housing market is not sustainable

Eric Rosengren, the president of the Boston Fed, expressed concern over the housing market in an interview with the Financial Times See full story.

WallStreetBets is dying, long live the WallStreetBets movement

The mothership message board is less popular than ever among die-hard retail investors, and that could be great news for the future of retail investing. See full story.

Crypto exchange Binance ordered to cease activity in U.K.

Authorities in the U.K. and Japan took aim at affiliates of Binance Holdings Ltd., the world’s largest cryptocurrency exchange network, in the latest regulatory crackdown on the wildly popular trade in bitcoin and other digital assets. See full story.

Jamie Dimon insists his workers return to the office — here’s why that’s a bit rich

The Moneyist: ‘JPMorgan is playing a zero-sum game with its staff: They’re either all in, or they’re all out.’ See full story.

MARKETWATCH PERSONAL FINANCE

The U.S. hasn’t had a compact 4-door SUV-like pickup in a while. This one is for someone who wants a truck that’s easier to get around town and a bit more fuel-efficient. See full story.

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June 29, 2021 at 01:00AM
MarketWatch
http://www.marketwatch.com/news/story.asp?guid=%7B4654717F-88A2-4AD4-8A2A-B87EAD8141FA%7D&siteid=rss&rss=1