By Michael Snyder, on August 26th, 2015On Wednesday we witnessed the third largest single day point gain for the Dow Jones Industrial Average ever. That sounds like great news until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis. This is a perfect example of what I wrote […]
Uncertainty continued to reign across the global stock market Wednesday as investors waited to see whether China could manage to stabilize its economy following its massive plunge on Monday.It was hoped the worst was over after the People’s Bank of China cut its interest rates late on Tuesday and lowered the amount of reserves it demands that banks hold, but […]
Investing.comThe recent collapse in stocks has been quick and brutal.It has not been a fun couple of days in the stock market. On Monday, the Dow lost 588 points, capping the blue-chip index’s first-ever string of back-to-back-to-back days of 300-point declines. Shortly after the market open on Monday, stocks were in a panic, with the Dow falling more than 1,000 points while […]
Bad Day at the Stock Market, Ellen Page vs. Ted Cruz, Dr. Dre Is Sorry: P.M. Links
Robby Soave|Aug. 21, 2015 4:30 pm
ABC News screenshotThe Dow Jones Industrial Average plummeted 500 points on Friday.
Actress Ellen Page, who came out as gay last year, ambushed Ted Cruz at the Iowa State Fair. They argued about gay issues.
Dr. Dre issued an apology for […]
Stock Market Tanking, Dow Slips Below 17,000 for First Time in 10 months
“Panic sets in, not over yet,” claims CNBC as major indices tumble worldwide.
Nick Gillespie|Aug. 21, 2015 4:22 pm
Not a good Friday for Wall Street:
Fears of a China slowdown ripped through global markets and sent U.S. stocks to their lowest level of the year on Thursday.
All the major indexes […]
(NaturalNews) Amid a global financial system that remains in flux, oil prices tanked Friday as well, sending prices below $40 a barrel for the first time since the Global Recession was at its peak in 2009.Prices touched a six-and-a-half year low of $39.86 a barrel for a brief period, rising above $40 to settle around just above that mark by […]
Small-cap stocks have really taken it on the chin these past few months and the past week has certainly been horrible with big declines across the board.Based on the questions our company receives from investors, though, it seems people need to be reminded about the dangers and unique features of small caps. Or maybe things have just been too good […]
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AP Photo/Petros KaradjiasA demonstrator makes the victory sign in front of a banner, depicting a wrecking ball reading ”NO” and destroying a wall with anti-austerity measures during a rally in Athens, Friday, June 10, 2015.The Greek stock market is about to reopen for the first time in five weeks. It’s been closed since the beginning of the country’s capital controls […]
June was an unusually cruel month for the Chinese stock markets—and yet, somehow, July outdid it.The Shanghai Composite benchmark index ended the month down 14.3%. That compares with June’s 7.3% loss. (To be fair, though, Chinese stocks peaked in mid-June, shedding 17.2% after June 12.)It was only in the last week or so that things got truly ugly. Until then, […]