AP Photo/Mark Humphrey
Republican presidential candidate and real-estate magnate Donald Trump released a video on Instagram on Monday, warning that China could bring the US economy down.
“I’ve been telling everybody for a long time China’s taking our jobs. They’re taking our money. Be careful: They’ll bring us down,” Trump said in the post. “You have to know what you’re doing. We […]
Stock markets around the world have been posting big losses for the last few days. The route was especially rough this morning, with the DOW Jones at one point falling 1,000 points in less than an hour. At the heart of the current slide is an issue which could impact many tech companies: economic weakness in China.Two weeks ago China’s […]
Societe GeneraleFinancial sector up like crazy thanks to the crazy stock market surge.China’s volatile stock market has been front and center over the last few months.The Shanghai Composite Index exploded to all-time highs in June, and then crashed about a month later.But although the stocks grabbed everyone’s attention, it’s also important to look at what’s going on in the rest of […]
This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
By Michael Snyder, on August 21st, 2015We witnessed something truly historic happen on Friday. The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday. When you add those two days together, the total two day […]
The Original AnecdoteThere is a well-known – though likely apocryphal – anecdote from the end of the roaring 20s. It involves Joseph P. Kennedy, US ambassador to the UK from the late 1930s to mid 1940s. Before he entered the civil service and politics, he had made a name (and a fortune) for himself as a businessman and investor. On […]
Traders work on the floor of the New York Stock Exchange near the end of the trading day in New York on Friday. Photograph: Andrew Gombert/EPA
US stock markets dropped dramatically on Friday afternoon, dragging overall global markets to their worst week of the year as concerns about the health of the Chinese economy rattled investors across the world.All of the […]
PhotoCreditNearly everything on the stock market fell on Thursday, with some tech companies taking particularly hard hits.Most notably, Twitter dropped back to its initial public offering price of $26, after continued questions about whether the service can keep attracting new users. Netflix plunged nearly 8 percent, while Facebook fell 5 percent and LinkedIn declined 4 percent.The carnage kept on going […]
Wikimedia CommonsWe just witnessed the worst week for the US stock market in four years. The blue-chip Dow fell more than 500 points Friday and entered correction territory on an intra-day basis — defined as a 10% drop from recent highs. Major stock markets across Europe and Asia also closed sharply lower.First, the scoreboard:Dow: 16,459.75, -530.94, (-3.12%)
S&P 500: 1,970.89, -64.84, (-3.19%)
Nasdaq: 4,706.04, -171.45, (-3.52%)
And […]
What has been happening on Wall Street the past few days has been nothing short of stunning. On Thursday, the Dow Jones Industrial Average (INDEXDJX:.DJI) plummeted 358 points. It was the largest single day decline in a year and a half, and investors are starting to panic. Overall, the Dow is now down more than 1300 points from the peak of the market.Just yesterday, […]
We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015
By Michael Snyder, on August 20th, 2015What has been happening on Wall Street the past few days has been nothing short of stunning. On Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a […]
