A crackdown by China's central bank on wagers against the yuan propelled the currency to its largest-ever two-day gain against the dollar.

The Dow fell 42.87 to 19899.29 as investors sold financial shares and bought government bonds, dialing back some popular trades.

Bitcoin neared record highs Thursday morning and then plunged as the yuan strengthened.

Sears is selling its Craftsman brand for $900 million and closing more stores as it grapples with slumping sales and mounting losses.

Trump blasted Toyota over plans for a new Mexican plant hours after the firm signaled a willingness to work with his administration.

A top Verizon executive said the company is unsure whether it will proceed with its $4.83 billion purchase of Yahoo's core business.

Fox News tapped Tucker Carlson to replace Megyn Kelly in the 9 p.m. time slot, a sign the network is sticking to its conservative roots.

Corzine agreed to pay $5 million to end a U.S. regulator's lawsuit over the collapse of MF Global.

Apple said its App Store generated record revenue of more than $20 billion for developers in 2016.

The Labor Department said a lawyer for Wells Fargo tried to hamper a probe.

The retail-property market is showing signs of a slowdown after years of growth, a report found.

Deutsche Bank named a new global head of financial crime-fighting.

Mexico's central bank stepped into the exchange market to aid the peso.

(END) Dow Jones Newswires

January 06, 2017 02:47 ET (07:47 GMT)

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