Starting the week off right

Starting the week off right

No luck for litecoin

  • #WallStreet indexes rose from their worst week in several months, with economically sensitive stocks leading gains as focus turned to potential changes to corporate tax and monetary policy
  • Big box retailer Walmart says that an authentic-looking press release that made waves among investors just hours earlier, announcing a partnership with cryptocurrency #litecoin, was a hoax
  • Shares in #Alibaba slumped again after reports that Beijing is planning to break up Alipay, the hugely popular payment app owned by its financial affiliate, Ant Group

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