The Dow Jones suffered a big pullback on Thursday. Unemployment claims and a historically grisly GDP report weighed on the U.S. stock market. One economist warns financial market pricing is still too optimistic. An afternoon relief rally launched the stock market off its lows, but the Dow Jones Industrial Average (DJIA) still hurtled toward a…
The Dow Jones fell 200 points on Tuesday. Even a massive rally in Apple couldn’t keep the Dow in the green, though the Nasdaq did jump to a new record. A bubbly looking stock market has completely detached from the fundamentals, but Nordea Asset Management believes there could be more upside ahead. It could have…
36Kr, a Chinese news and data website that tracks startups, fell 10% in its Nasdaq debut on Friday. The disappointing debut followed 36Kr’s decision to slash the size of its offering from 3.6 million shares to 1.4 million and pricing its shares at $14.5, the bottom of marketed range. This meant that the firm, which…
The Dow and broader U.S. stock market opened lower on Monday after Chinese media poured cold water on the likelihood of a comprehensive trade agreement between Washington and Beijing. Dow Tumbles After the Open; S&P 500, Nasdaq Follow All of Wall Street’s major indexes tumbled after the open, mirroring a downbeat pre-market session for Dow…
