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Jeffrey Gundlach, CEO of DoubleLine Capital, said there could be a connection between bitcoin prices and the decline in China stocks.
Herbalife shares fell more than 5 percent Tuesday amid new questions about the company's China business.
Bitcoin's meteoric rise took a hit overnight as the digital currency erased, then mostly recovered, about $200 in 12 hours.
The regional bank of the Fed said its index on business activity at services companies in the region fell to 25.8 points.
Something "huge" is happening in the markets, and it could drive stocks even higher, according to the Raymond James strategist.
Analysts believe this will be a 'speed bump' and more changes are to come before full implementation takes effect.
Some of the names on the move ahead of the open.
Cathay Pacific Airways denied a report that it is retrenching another 200 employees, in addition to the 600 job cuts it announced earlier.
These are the stocks posting moves after the bell.
Bitcoin added more than $200 Monday as major U.S. financial institutions warmed to the digital currency.
The next big populist movement in the country could be aimed at the tech sector, Bank of America Merrill Lynch's Michael Hartnett said.
One measure of U.S. tech stocks' performance versus the rest of the market has just surpassed its dot-com bubble high.
Singapore's second largest lender by assets OCBC said Monday its Indonesian subsidiary will start a private banking unit.
The under the radar trend which could push stocks further into record territory.
If the Trump administration experiences a Watergate-like event, analysts say, Wall Street should look at the U.S. economy for guidance.
U.S. Treasury yields are hovering near one-month lows and a significant move lower may trigger a correction in equities, JPMorgan says.
After Anthony Scaramucci didn't land a job in the Trump administration but he "remains loyal," the New York Times reports.
A Brazilian news report may dampen, but not crush, one of Wall Street's favorite investment plays of the last few months: emerging markets.
Attorney Sheri Dillon said she saw no need for Trump to sign his 2016 personal financial disclosure because he is filing voluntarily this year.
Singapore state investor Temasek Holdings pared its stake in Industrial and Commercial Bank of China to 8.43 percent from 9.12 percent.
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