Post Tagged with: "Stock Talk"

Market U-turn: US stocks skyrocket on rare spate of good news, with Dow gaining nearly 750 points

Market U-turn: US stocks skyrocket on rare spate of good news, with Dow gaining nearly 750 points

US stocks surged, the US dollar weakened and Treasuries tumbled with gold as investors got good news on the economy, Federal Reserve policy and trade tensions. The S&P 500 rallied 3.4 per cent, the Dow Jones Industrial Average roared higher by almost 750 points and the Nasdaq 100?s surge topped […]

Apple?s ?darkest day? sends a shudder through US markets, falling sharply amid fears for China economy

Apple?s ?darkest day? sends a shudder through US markets, falling sharply amid fears for China economy

US stocks suffered heavy losses on Thursday, a day after Apple reported a slowdown in iPhone sales over the holidays in China, a hugely important market for the company. The rare warning from Apple sent a shudder through markets and confirmed fears among investors that the world?s second-largest economy was […]

Apple-related stocks hammered in China, Hong Kong markets after US smartphone giant cuts revenue outlook

Apple-related stocks hammered in China, Hong Kong markets after US smartphone giant cuts revenue outlook

Hong Kong and Chinese stocks struggled for direction on Thursday, ending the session with marginal losses, as Apple suppliers were hammered after the smartphone giant slashed its revenue outlook based on weaker-than-expected iPhone sales in China. The Hang Seng Index closed down 0.35 per cent, or 87.74 points, at 25,042.61. […]

China National Tobacco, the world?s largest cigarette maker, plans Hong Kong IPO for international unit

China National Tobacco, the world?s largest cigarette maker, plans Hong Kong IPO for international unit

China National Tobacco, a state monopoly that is by far the biggest cigarette maker in the world, plans to list its international unit on the Hong Kong stock exchange even as pressure increases on the government to curb smoking. The unit, China Tobacco International, is primarily responsible for procuring overseas […]

Shanghai?s stock index ends 2018 as the world?s biggest loser as trade war, slowing Chinese economy weigh on confidence

Shanghai?s stock index ends 2018 as the world?s biggest loser as trade war, slowing Chinese economy weigh on confidence

Shanghai?s stock benchmark ended 2018 as the world?s worst market performer for a second year, falling 24.6 per cent over 12 months as an unprecedented trade war between China and the United States weighed on the Chinese economy and crimped corporate earnings. The city?s key stock index closed the year […]

US stocks ride roller-coaster, finishing higher as Dow registers 870-point swing

US stocks ride roller-coaster, finishing higher as Dow registers 870-point swing

US stocks endured a roller-coaster ride on Thursday, diving hard before mounting a furious late-session recovery, as Wall Street?s wild Christmas week rolls on. The Dow Jones Industrial Average had slumped more than 600 points at one stage, but finished at 23,138.82, up 260 points for the day. The 870-point […]

Dow rises a record 1,050 points, as US stocks stage a massive Boxing Day rebound after pre-holiday punishment

Dow rises a record 1,050 points, as US stocks stage a massive Boxing Day rebound after pre-holiday punishment

US stocks rebounded on Wednesday, staging one of the biggest rallies of the decade after coming within points of seeing the bull market end, with major indexes surging about 5 per cent and the Dow registering its biggest one-day point increase ever. The Dow Jones Industrial Average jumped more than […]

Hong Kong investors brace for possible wild ride as wave of global trading gets ready to resume

Hong Kong investors brace for possible wild ride as wave of global trading gets ready to resume

Hong Kong traders are bracing themselves for what could be a wild session when trading resumes Thursday, following days of drama building out of the US that sparked a bloodbath on Wall Street and in Tokyo. The Hong Kong market has been closed since Monday noon for the Christmas holiday, […]

Donald Trump attacks the Fed as ?the only problem?, and US markets plummet again

Donald Trump attacks the Fed as ?the only problem?, and US markets plummet again

US President Donald Trump has blasted the Federal Reserve, describing it as the ?only problem? for the US economy, as top officials convened to discuss a rout in stock markets that saw them spiral downwards again on Monday. The Dow Jones Industrial Average finished Christmas Eve down 2.91 per cent […]

US stocks suffer their worst week since 2011, as tech sector is punished and the Nasdaq loses another 3 per cent

US stocks suffer their worst week since 2011, as tech sector is punished and the Nasdaq loses another 3 per cent

US stocks sank to a 19-month low on Friday to close out their worst week since August 2011, with every sector losing ground and heavy selling in technology shares driving the Nasdaq indexes into a bear market. Heavy volume sparked by the simultaneous expiration of futures and options lashed stocks […]