Business Mag Search: Economy - Finance > Nasdaq
Four Factors Behind Wednesday's Tech Rout
4 monthes ago - By Fortune
A recent candidate once warned his audiences that if he became president, Americans would “win so much, you'll get tired of winning.” Donald Trump did indeed get elected, and his warning rang true on Wednesday, as major U.S. stock markets plunged in tandem-thanks in part to signs that a very healthy economy could be stoking inflation. Tech stocks, in particular, fell hard , as the Nasdaq fell 4.1% to approach “correction” territory.
The Dow Jones Industrial Average and the S&P 500 fell 3.2% and 3.3%, respectively. All three indexes were in decline all day, and each took roughly half their...
Read more ...Four Factors Behind Tuesday's Tech Rout
4 monthes ago - By Fortune
A recent candidate once warned his audiences that if he became president, Americans would “win so much, you'll get tired of winning.” Donald Trump did indeed get elected, and his warning rang true on Tuesday, as major U.S. stock markets plunged in tandem-thanks in part to signs that a very healthy economy could be stoking inflation. Tech stocks, in particular, fell hard , as the Nasdaq fell 4.1% to approach “correction” territory.
The Dow Jones Industrial Average and the S&P 500 fell 3.2% and 3.3%, respectively. All three indexes were in decline all day, and each took roughly half their...
Read more ...
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10 things you need to know before the opening bell
Here is what you need to know. Trade talks with China are underway. Talks kicked off Tuesday, with principal-level meetings set to begin Thursday. Japan's exports fall by the...
MBA: Mortgage Applications Increased in Latest Weekly Survey
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage...
One corner of the market stayed red-hot during the last recession. Here's...
One specific industry stood out as a beacon of strength during the massive economic recession that crushed worldwide growth a decade ago. A new study from Bernstein explains...
CREDIT SUISSE: Whether the market surges or tanks, tech stocks are perfectly...
Tech stocks are uniquely positioned to profit from a continued rally in US stocks and defend against a market downturn, according to equity strategists at Credit Suisse. They...
Are Movies Getting Better?
Spoiler Alert: An economist has evidence that we're in a golden age of cinema. (Image credit: ROBYN BECK/AFP/Getty Images)
Payless has filed for bankruptcy and is closing all of its stores. Here's...
Payless has filed for Chapter 11 bankruptcy protection and is closing all of its roughly 2,500 North American stores . This is the second time the company has filed for...
Investors are reverting back to the same bad habits that doomed the stock...
Mike Wilson - Morgan Stanley's chief US equity strategist - says investors are once again favoring the types of high-flying stocks that were at the forefront of sharp market...
The failing automobile industry is pushing us toward a global recession
New car demand in the US is falling, according to HSBC. Honda, Nissan, Ford and General Motors have announced thousands of job cuts in Europe. Trade wars are hurting...
NAHB: Builder Confidence Increases in February
The National Association of Home Builders reported the housing market index was at 62 in February, up from 58 in January. Any number above 50 indicates that more builders view...
Data Sheet-Why It's Time to Radically Redesign the Smartphone
This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here . We are only 50 days into 2019...