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
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Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts
Monday, January 11, 2016
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
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Read more at Market Watch
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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
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Read more at CNBC
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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...
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