Nikola’s $100 million stock offering got a cool reception on Wall Street, even with a discount.
A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.
U.S. Treasury yields fell on Wednesday as December’s producer price index hinted that inflation may have reached its peak.
CFOs expect the Dow Jones Industrial Average to fall below 30,000 and the economy to enter a recession next year, according to a CNBC survey.
Amazon shares dropped for a fifth straight day on Tuesday, as investors continued to punish the company for a disappointing fourth-quarter forecast.
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