Chinese internet stock sell-off may shake faith in FANGs
SAN FRANCISCO (Reuters) – A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component…
Wall St. falls amid Turkey woes; banks, tech decline
NEW YORK (Reuters) – U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global…
Tech stocks take Nasdaq closer to record
(Reuters) – The Nasdaq inched toward a record on the back of high-flying technology trio of Apple, Amazon and Microsoft, while gains in the Dow and the S&P 500 were…
Wall Street closes higher as strong earnings cheer investors
NEW YORK (Reuters) – The three major U.S. stock indexes closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook…
Apple breaches $1 trillion stock market valuation
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) on Thursday became the first $1 trillion publicly listed U.S. company, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it…
Economy, dollar, trade key to U.S. stocks’ global edge
NEW YORK (Reuters) – The ability of the U.S. stock market to keep an edge this year over equities elsewhere in the world hinges on the United States maintaining its…
Papa John’s shares fall as board adopts ‘poison pill’
(Reuters) – Shares of Papa John’s International Inc (PZZA.O) fell 8 percent on Monday after the pizza chain said it would implement a “poison pill” stock dilution that would act…
Dow plunges 1,000 points, as markets continue their wild ride
The Dow Jones industrial average plunged more than 1000 points as a weeklong market swoon continued. The Dow is 10 per cent below the record high it set … source
S&P hovers at five-month highs, Amazon hits $900 billion market cap
(Reuters) – The benchmark S&P 500 remained at five-month highs on Wednesday as a rise in financial and industrial stocks due to strong earnings from marquee companies were offset by…
Wall Street snaps four-day rally; latest trade threat weighs
NEW YORK (Reuters) – U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods…