• Stocks drop 4 percent in rocky week on trade, growth worries

    5 monthes ago - By Chron

    Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth.
    The latest wave of selling erased more than 550 points from the Dow Jones Industrial Average, bringing its three-day loss to more than 1,400. For the week, major indexes are down more than 4 percent.
    Worries that the testy U.S.-China trade dispute and higher interest rates will slow the economy have made investors uneasy, leading to volatile swings in the market from one day to the...
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  • Wall Street whiplash: Stocks' volatility looks here to stay

    5 monthes ago - By Chron

    NEW YORK - The stock market hasn't been this dizzying in years, and investors may need to get used to it.
    The S&P 500 slid 4.6 percent this past week as worries piled up about the economy's strength, global trade and interest rates. It was a whiplash-inducing reversal from the prior week, when the S&P 500 jumped 4.8 percent. The last time investors experienced such a big swing in stock prices between two weeks was in late 2011.
    It's the latest gyration for a market that's become increasingly twitchy, as investors try to make sense of big questions that don't yet have clear answers for...
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  • Uber confidentially files for IPO: WSJ

    5 monthes ago - By Reuters

    Uber Technologies Inc filed paperwork confidentially this week for its initial public offering next year, the Wall Street Journal reported on Friday, citing people familiar with the matter.
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  • How major US stock indexes fared Friday

    5 monthes ago - By Chron

    Stocks dove again on Wall Street Friday, capping a turbulent week of trading that gave the benchmark S&P 500 index its worst weekly loss since March.
    Technology stocks led the broad sell-off, which erased more than 500 points from the Dow Jones Industrial Average. Traders have been worried about worsening trade relations between the U.S. and China, and signals of slower economic growth.
    On Friday:
    The S&P 500 index fell 62.87 points, or 2.3 percent, to 2,633.08.
    The Dow dropped 558.72 points, or 2.2 percent, to 24,388.95.
    The Nasdaq composite slid 219.01 points, or 3 percent, to...
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  • Stocks could be set up for another violent week of selling

    5 monthes ago - By CNBC

    Stocks could continue to take a beating and aim for a retest of lows, after one of the most brutal weeks for the market this year.
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  • Another Volatile Week for Stocks Leaves Wall Street Strategists Grappling with Forecasts

    5 monthes ago - By Fortune

    Stocks are being rocked by more volatility than investors have seen in a while-up one week, down the next. If the turbulence has left investors queasy, it's also leaving market strategists scrambling to adjust their forecasts for the rest of 2018 as well as for 2019.
    The upshot of those forecasts, as they stand right now: Most strategists feel the selloff of the past 10 weeks has left stocks undervalued. When stocks enter bear markets, they never do so in a straight line down, but with intermittent rallies along the way.
    But they are divided over the outlook in 2019. Some see a year of...
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