• 10 things you need to know before the opening bell

    26 days ago - By Business Insider

    Here's what you need to know before markets open.
    1. Global stocks tumble as investors weigh Chinese GDP data, which beats estimates but 'flatters to deceive'. China's mainland benchmark index, the Shanghai Composite fell 4.5%, and Hong Kong's Hang Seng fell 2.1%.
    2. China's economy grew faster than expected in the second quarter, the latest sign that it's on course for the mythical V-shaped recovery. As the first country to face the coronavirus, China's economic recovery is much further along than most nations in the Western world.
    3. Twitter stock dives in pre-market after a widespread...
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  • Global stocks tumble as investors weigh Chinese GDP data, which beats estimates but 'flatters to deceive'

    Global stocks tumble as investors weigh Chinese GDP data, which beats estimates but 'flatters to deceive'

    26 days ago - By Business Insider

    Global stocks plummeted on Thursday as China released mixed data that showed some growth, but its retail sales failed to climb into positive territory.
    China's benchmark Shanghai composite index fell 4.5%, while Hong Kong's Hang Seng index dropped 2.1%.
    European markets fell ahead of a European Central Bank meeting where leaders are expected to hold fire on any further stimulus measures.
    US markets reversed the previous day's losses and fell between 0.6% and 1%.
    Visit Business Insider's homepage for more stories .
    Global stocks tumbled on Thursday after the latest economic data out of...
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  • The global stocks rally takes a breather even as China and Goldman Sachs score big beats

    The global stocks rally takes a breather even as China and Goldman Sachs score big beats

    26 days ago - By Fortune

    This is the web version of the Bull Sheet, Fortune's no-BS daily newsletter on the markets. Sign up to receive it in your inbox here .
    Good morning, Bull Sheeters. We're awash in red this morning. From Shanghai to the U.S. futures, shares are down. That's despite impressive data out of China today and Goldman's big earnings beat yesterday.
    Let's check in on the action.
    Markets update
    Asia
    The major Asia indexes are down in afternoon trade with the Shanghai Composite off 4.5%. SHCOMP has slumped nearly 7% in the past five days. Chinese stocks are sinking even as China's GDP grew 3.2% last...
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