• Tech stocks pull Wall Street lower after China data

    4 days ago - By Reuters

    Technology shares pulled Wall Street lower on Monday, after an unexpected drop in China's exports in December reignited worries of a slowdown in global economic growth.
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  • Weak China trade hits stocks, prompts risk-off trade

    4 days ago - By Reuters

    World stock indexes fell on Monday after a shock contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets.
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  • Another sign of weakness in China sends US stocks lower

    4 days ago - By Chron

    NEW YORK - Stock markets around the world are down Monday after China reported a drop in exports in December. Fears about the health of China's economy and the global economy overall were a major contributor to the stock market's plunge in late 2018.
    Newmont Mining fell after agreeing to buy Canada's Goldcorp in a $10 billion deal that will create the world's largest gold mining company, and Citigroup rose after a strong quarterly report. USA Today publisher Gannett soared after getting an unsolicited takeover offer.
    KEEPING SCORE: The S&P 500 index fell 9 points, or 0.4 percent, to 2,586...
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  • Wall Street Set to Open Lower After China Data, Citi Results

    4 days ago - By NY Times

    Wall Street was set to open lower on Monday, after Citigroup kicked off the earnings season on a dour note, adding to worries over a slowdown in global economic growth that resurfaced after data showed an unexpected drop in China's trade.
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  • Gold prices edge higher, stage fresh assault on $1,300

    4 days ago - By ETF Daily News

    From Myra P. Saefong and Mark DeCambre : Gold futures climbed on Monday as weakness in global stocks and the U.S. dollar helped to buoy the yellow metal.
    “Clearly, concerns toward the global economy have been fomented by the first monthly decline in Chinese exports in over two years,” analysts at Zaner Precious Metals wrote in a daily note. “Adding into the economic uncertainty is soft European data and escalating fears of an exit wreck,” they said, referring to the U.K.'s withdrawal from the European Union.
    February gold GCG9, +0.08% rose $3.20, or 0.3%, to $1,292.70 an ounce, after...
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  • Markets Right Now: Stocks move lower on Wall Street

    4 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    11:45 a.m.
    Stocks are trading lower on Wall Street after China reported a surprise drop in exports last month, renewing concerns about that country's economy.
    Technology and health care companies are taking some of the biggest losses Monday.
    Apple lost 1.8 percent and Merck gave up 1.7 percent.
    PG&E lost half its value after the troubled California utility, which faces potentially huge liabilities over the state's deadly wildfires, said it would file for bankruptcy protection.
    Newspaper publisher Gannett soared 20 percent after...
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  • Weak China trade hits world stocks, causes risk-off trade

    4 days ago - By Reuters

    World stock indexes fell while the yen rose against the dollar on Monday after a shock contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets.
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  • Wall Street drops after China data, Citi results

    4 days ago - By Reuters

    U.S. stocks slipped on Monday, dragged down by technology shares, after an unexpected drop in China's exports in December fanned worries of a slowdown in global economic growth.
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  • Stocks slip after China says exports fell in December

    4 days ago - By Chron

    NEW YORK - Stock markets around the world are down Monday after China reported a drop in exports in December. Fears about the health of China's economy and the global economy overall were a major contributor to the stock market's plunge in late 2018. Technology companies and retailers are taking some of the biggest losses.
    KEEPING SCORE: The S&P 500 index fell 13 points, or 0.5 percent, to 2,583 as of 10:10 a.m. Eastern time. The Dow Jones Industrial Average lost 87 points, or 0.4 percent, to 23,908. The Nasdaq composite retreated 59 points, or 0.9 percent, to 6,912. The Russell 2000 index...
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  • Stocks slump as more bad data out of China adds to global growth concerns

    Stocks slump as more bad data out of China adds to global growth concerns

    4 days ago - By Business Insider

    Stocks fell Monday after China posted dismal trade data.
    The results underscored expectations for global economic growth to slow.
    Watch stocks trade in real time here.
    Wall Street opened lower Monday as dismal economic data out of Beijing raised concerns that China's economy could slow more than previously thought, adding to risk-off sentiment amid a global trade war and Washington's longest government shutdown on record .
    The Dow Jones Industrial Average fell 130 points, or 0.6%. The S&P 500 shed 0.7%, and the Nasdaq Composite was 0.9% lower.
    The Chinese government said early Monday that...
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