Dow Falls over 1,000 Points due to Inflation, Rate Hikes
Experts attribute the sharp changes to a collection of bad economic news over the last few months, chiefly led by the rise in inflation.
New York Stock Exchange
Markets Tumble amid Fears of Rate Hike, Recession
Federal Reserve Chair Jerome Powell announced he would be looking to raise interest rates ‘expeditiously’ in May, to curb inflation.
Biden Must Act as Beijing Targets U.S. Savings
It’s up to the president to protect American investors as China vies for global leadership.
How Financial Institutions Disenfranchise Everyday Investors
Corporations are increasingly beholden to proxy-advisory firms that often ignore the interests of everyday investors.
An Overture to China from the New York Stock Exchange?
On the menu today: The Big Board and China, vaccine distribution, Elon Musk, California, and a very expensive tweet, 0 percent mortgages (for 20 years), and fractional trading.
NYSE Backtracks on Plan to Delist Chinese Telecommunications Firms
The NYSE subsequently announced it would delist the firms on January 7, but backtracked on Monday for unspecified reasons.
Nasdaq Plans to Delist China’s ‘Luckin Coffee’ for Inflating Sales Numbers
The sales fraud was disclosed in April, causing shares to drop 83 percent.
New York Stock Exchange Will Temporarily Close Trading Floors after Two Positive Coronavirus Tests
The New York Stock Exchange announced Wednesday that it will close its trading floors temporarily and move to electronic trading only starting Monday.
Markets Suffer Worst Day of COVID-19 Crisis as Stocks Nosedive
The U.S. stock market had its worst day Monday since fears over the COVID-19 outbreak began rattling investors.
Dow Plunges 2,250 Points, Trading Halted One Minute after Opening
Wall Street took another hit on Monday as the Dow Jones plunged 2,250 points, or 9 percent, while the S&P 500 fell 8 percent and the Nasdaq 6 percent.