Japanese stocks were lower, dragged by falls in electronics and chemical stocks.

Australia’s biggest investment bank and asset manager said the performance was underpinned by improved realizations in Macquarie Asset Management, as well as further progress in the digitalization program in banking and financial services.

The SEC said that the bank’s violations included misleading disclosures to investors, not acting or making recommendations in the best interest of shareholders and prohibiting joint transactions and principal trades.

The Nasdaq Composite suffers its worst day in nearly two months; Meta shares fall.

Over the past 50 years or so, active funds’ returns have converged toward those of their underlying indexes, research finds. Small-cap funds are the exception.

U.S. natural gas futures fell as a lack of weather-driven demand outweighs a weekly storage report that landed at the low end of forecasts.