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Global stocks tumble as the Fed's ‘near-zero' rates pledge leaves investors unsatisfied

4 days ago   |   By Fortune

This is the web version of the Bull Sheet, Fortune's no-BS daily newsletter on the markets. Sign up to receive it in your inbox here .
Good morning. From Tokyo to London, stocks are in retreat, as are U.S. futures. Investors clearly didn't like the Fed's hold-the-line stance on interest rates and asset purchases yesterday. Dollar bulls, however, are smiling this morning.
Let's check in on the action.
Markets update
Asia
The major Asia indexes are in the red in afternoon trading, with Hong Kong's Hang Seng down 1.5%. President Trump is no fan of the proposed Oracle - TikTok deal. He's yet...
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Nikola dives 28% after founder Trevor Milton steps down as executive chairman

Nikola dives 28% after founder Trevor Milton steps down as executive chairman

Summary List Placement Nikola tanked as much as 28% in early Monday trading after founder Trevor Milton voluntarily stepped down as executive chairman and a member of the... Read more ...

European bank shares tumble after leaked files unveil suspicious money flows...

European bank shares tumble after leaked files unveil suspicious money flows worth over $2 trillion

Summary List Placement FinCEN investigation released on Sunday showed several banks were involved in moving more than $2 trillion worth in suspicious funds. The banks that had... Read more ...

Trump's TikTok Deal: What Just Happened And Why Does It Matter?

Trump's TikTok Deal: What Just Happened And Why Does It Matter?

President Trump is claiming victory after blessing a deal in which Oracle and Walmart will own a stake of TikTok, but experts wonder whether the terms of the agreement will... Read more ...

90210 is one of the 5 most expensive zip codes in America, but it's not...

90210 is one of the 5 most expensive zip codes in America, but it's not number one

Summary List Placement In a COVID-19 world, home prices are rising in suburban markets while city markets struggle to keep up. With social distancing and working from home the... Read more ...

Pet health startup Front of the Pack just raised $3.5 million in seed...

Pet health startup Front of the Pack just raised $3.5 million in seed funding from the likes of Stride VC and NEON

Summary List Placement Front of the Pack, a European pet health startup, has raised $3.5 million in a seed funding round backed by Stride VC, Founder Collective, and Heartcore... Read more ...

Another Jack Ma company could break the world's IPO record. But this time...

Another Jack Ma company could break the world's IPO record. But this time, the U.S. is missing out

On the morning of Sept. 19, 2014, the opening bell rang in the New York Stock Exchange, and a crescendo of cheers, whistles, and applause erupted on the crowded trading floor... Read more ...

YOUR DREAM JOB ON WALL STREET: Search 350 headhunters to know if you want to...

YOUR DREAM JOB ON WALL STREET: Search 350 headhunters to know if you want to land a job in trading, dealmaking, and investment management

Summary List Placement The pandemic has thrown the business world on its head in 2020 - and Wall Street's headhunting community is no exception. As the economy cratered and the... Read more ...

A 5-step guide to hosting a successful virtual recruiting event, according...

A 5-step guide to hosting a successful virtual recruiting event, according to execs from job search giants Handshake and Indeed

Summary List Placement Virtual recruiting doesn't seem to be letting up any time soon. As companies continue to work remotely, they will have to change the way they recruit for... Read more ...

10 things you need to know before the opening bell

10 things you need to know before the opening bell

Summary List Placement Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Here's what you need to know before markets... Read more ...

Jack Ma's Ant Group raises its funding target to $35 billion, likely making...

Jack Ma's Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever

Summary List Placement Jack Ma's Ant Group seeks to raise its funding target to $35 billion through its initial-public-offering, according to Bloomberg. Ant, which is Alibaba's... Read more ...