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China takes a step closer to unveiling a new stock market inspired by NasdaqThe technology innovation board at the Shanghai Stock Exchange, the latest effort by Beijing to create a Chinese version of Nasdaq, is expected to debut in the middle of 2019 with unprofitable companies likely to be allowed to raise funds. According to two asset managers who were briefed on the preparations
Source: YahooSG - 🏆 3. / 71 Read more »
US: Stocks sink amid tech sell-off; Nasdaq -3.0%[NEW YORK] Wall Street stocks finished sharply lower on Monday, with the Nasdaq crumbling on worries about US-China trade tensions and flagging growth among tech giants. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Nasdaq falls ahead of big tech earnings[NEW YORK] Shares of large tech companies tumbled Tuesday ahead of big earnings announcements from the sector as US stocks finished a choppy session mostly lower. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow[NEW YORK] The S&P 500 and the Nasdaq opened higher on Thursday on upbeat results from Facebook Inc, extending a rally after the Federal Reserve's pledge to be patient on further interest rate hikes, while the Dow was held lower by a spate of downbeat earnings reports. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »