quartz

China's stock market fell hard this week—really hard – Quartz

The Shanghai Composite and Shenzhen A Share stock markets had bad weeks. Really bad weeks. Both lost more than 10% of their market value, and each fell about 6% in Friday’s trading alone. The catalyst for this week’s volatility? Queaziness from abroad (paywall).Bloomberg had a prescient story about the Chinese equity bubble two days ago (if you ignore that bubble […]

Stocks are selling off — except for the one sector people are calling a bubble (XBI, IBB, CNDO, FOLD, BBLT, BIIB)

BloombergThe iShares Nasdaq Biotechnology ETF over 12 months
Stocks are selling off on Thursday after a post-Fed rally yesterday.
But biotech stocks are rallying, up nearly 2%. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last week, Max Nisen at Quartz wrote that while everyone is focusing on massive tech valuations, the biotech industry is where things […]

Stocks sold off on Thursday — except for the one sector people are…

BloombergThe iShares Nasdaq Biotechnology ETF over 12 months
Stocks sold off on Thursday after a post-Fed rally on Wednesday.
But the Nasdaq still gained ground thanks to the biotech sector which gained about 2% on Thursday. In fact, biotech stocks have been on fire all year. They’re up about 15% year-to-date.Last month, Max Nisen at Quartz wrote that while everyone is focusing on […]

The stock markets have delivered a verdict against Narendra Modi's …

The stock markets have delivered a verdict against Narendra Modi’s big budget – Quartz

Not excited.(Reuters/Danish Siddiqui)
SHAREWritten byMadhura KarnikFebruary 28, 2015This post has been updated after the markets closed.After a volatile day of trading, the Indian stock markets closed 0.43% higher than the previous close. The improvement in the market sentiment only surfaced towards the end, when investors erased losses.The Sensex […]