FinVizStocks are rolling over.Near 2:35 pm ET, stocks were at their lowest levels of the day with the Dow down 300, the S&P 500 down 37 points, and the Nasdaq down 104. The Nasdaq was the day’s biggest loser on a percentage basis, falling more than 2%, while the S&P 500 was down about 1.8% and the Dow was off 1.6%. With […]
Myles Udland
Jun. 24, 2015, 11:47 AM
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Wikimedia CommonsCarl Icahn is worried about the market. In consecutive tweets on Tuesday, Icahn said, he thinks the market is “extremely overheated,” particular high-yield bonds, and added that, “If more respected investors had warned about the market in ’07, we might have avoided the crisis in ’08.”This is not, however, the first time Icahn has sent […]
NEW YORK (AP) — Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market.The world’s biggest online social network knocked the world’s largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday and the gap widened on Tuesday.While the switch is […]
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FILE – In this July 24, 2014 file photo, Facebook staff members attend the opening ceremony of their new office in Hong Kong. The world’s biggest online social network knocked Wal-Mart, the world’s largest retailer, out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday, […]
China’s stocks look to be falling back down to reality.After an epic rally that saw the Shanghai Composite index climb more than 40% this year and the tech-heavy Shenzhen Composite rise a world-leading 90%, a correction — or maybe worse — looks to be in the works.Last week both indices lost more than 10%, falling solidly into correction territory. But […]
FacebookIn this June 11, 2014, photo, a man walks past a Facebook sign in an office on the Facebook campus in Menlo Park, Calif. In a report released Tuesday, Aug. 26, 2014, the Pew Research Center found that most people who regularly use social media sites are actually less likely to share their opinions, even offline. (AP Photo/Jeff Chiu, File) […]
Stocks Peak in 2000The chart below shows the 2000 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below the 50-day moving average shown in blue.Stocks Peak In 2007The chart below shows the 2007 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below […]
It’s no longer a question of whether China’s stock-market rally is a bubble, but when the bubble will burst.Want in on China’s A-shares? The devil is in the detailsInvestors, even at the best of times, have a habit of chasing after bright shiny objects and latching on like a fish to a lure. But in a sideways market, where everyone […]
Benchmarks ended Tuesday’s choppy trading session almost unchanged, with the Dow Jones Transportation Average nearing correction territory. The transportation index took a beating mostly due to a drop in airline stocks. The Nasdaq finished in negative territory dragged down by decline in biotech stocks, but the S&P 500 ended in the green boosted by gains in consumer staples and financial […]
Benchmarks ended slightly lower after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. The euro strengthened against the dollar on upbeat Eurozone inflation data. Moreover, encouraging news on Greece’s debt crisis boosted the single currency.For […]
