Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts
Monday, January 11, 2016
China stocks start new week with 5.3% drop
Chinese stocks plunged deeper into negative territory Monday after a brutal first week of the year. The Shanghai Composite closed down 5.3%, and the Shenzhen Composite ended 6.6% lower. The grim day of trading followed steep declines in Chinese stocks last week amid worries over the country's slowing economy and weakening currency.
Read more at CNN Read More......
Read more at CNN Read More......
Friday, November 27, 2015
Chinese shares plunge 5.5% as authorities probe brokers over violations
Chinese authorities’ investigations into two major Chinese brokerages over suspected violations drove shares in Shanghai sharply lower Friday.
The Shanghai Composite Index SHCOMP, -5.48% fell 5.5% to 3,436.30, the largest daily percentage loss since Aug. 18.
Read more at Market Watch Read More......
The Shanghai Composite Index SHCOMP, -5.48% fell 5.5% to 3,436.30, the largest daily percentage loss since Aug. 18.
Read more at Market Watch Read More......
Labels:
brokerages,
China,
investigation,
plunge,
stocks
Thursday, August 20, 2015
Dow falls 300 points, Nasdaq plunges 2% as Street eyes Fed, oil
U.S. stocks fell more than 1 percent on Thursday, pressured by continued uncertainty over the timing of a rate hike and low oil prices.
"The market has really taken a pessimistic stance vis-a-vis the Fed," said Dave Schiegoleit, a senior portfolio manager with The Private Client Reserve of U.S. Bank in Los Angeles.
Read more at CNBC Read More......
"The market has really taken a pessimistic stance vis-a-vis the Fed," said Dave Schiegoleit, a senior portfolio manager with The Private Client Reserve of U.S. Bank in Los Angeles.
Read more at CNBC Read More......
Tuesday, October 23, 2012
U.S. Stocks Sink on Weak Earnings; DJIA Falls More Than 200 Points
"There's some anxiety about a potential slowdown and how that might
affect earnings for the next few quarters," said John Carey, executive
vice president at Pioneer Investments in Boston, which manages about
$200 billion in assets. Read more at the Wall Street Journal...
Read More......
Saturday, June 27, 2009
Stocks down, savings up and China wants a world currency
BLOOMBERG, 6/26/2009 - U.S. stocks fell, giving the Standard & Poor’s 500 Index the first two-week decline since March, after the highest American savings rate in 15 years spurred concern that consumer spending will slow and oil retreated. The dollar dropped after China’s central bank reiterated a call for a worldwide currency. Read more at Bloomberg...
Read More......
Labels:
China,
Economic Crisis,
finance,
national,
savings,
stocks,
world currency
Thursday, March 5, 2009
Economy: Obama Policies Feed Market Panic
MONEYNEWS.com, 3/5/2009 by Greg Brown - Since Barack Obama was sworn in as president on Jan. 20, stocks have tumbled to record lows — with investors losing an estimated $2.5 trillion in market value. --The trend continued Thursday, with the Dow closing down 281 points, a 4.1 percent drop for the day. Since Inauguration Day, the Dow has fallen 20.4 percent. --All week, negative headlines have competed with the slumping market ticker, including early news Thursday that General Motors might well go bankrupt despite billions in taxpayer loans. Continued at moneynews.com...(Newsmax graphic) Read More......
Tuesday, February 24, 2009
Stocks jump after Bernanke says recession may end
NEW YORK (AP), 2/24/09 - Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Bernanke told Congress Monday that the recession might end this year, and that regulators aren't planning to nationalize banks. Read more at Breitbart...
Read More......
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