Markets

Dow tumbles 500 points but could actually end the year in the green

Dow tumbles 500 points but could actually end the year in the green

New York CNN Business — Most of 2022 has been pretty dismal for investors, and Monday was no exception: The Dow fell about 500 points, or 1.5%, Monday. Still, the stock market remains in the midst of one heck of a fourth-quarter rally. The Dow enjoyed its best month in nearly a half-century in October …

Dow tumbles 500 points but could actually end the year in the green Read More »

China’s stock market will pay the price for COVID protests, investor Mark Mobius says

China's stock market will pay the price for COVID protests, investor Mark Mobius says

China’s strict zero-COVID policies will backfire in the near term and cause some serious pain for investors in that country, according to veteran money manager Mark Mobius. Rare public protests against COVID lockdowns swelled across China last week after an apartment fire in the capital of Xinjiang province, Ürümqi, killed 10, and workers at the …

China’s stock market will pay the price for COVID protests, investor Mark Mobius says Read More »

Beware of these stocks in your portfolio with the biggest China risks as Covid protests erupt

Beware of these stocks in your portfolio with the biggest China risks as Covid protests erupt

A wave of unrest in China could spell trouble for investors holding stocks with sizeable chunks of revenue exposed to the country. Protests erupted across China over the weekend as citizens pushed back against the country’s strict and prolonged zero-Covid protocols. While the shockwaves are just beginning to ripple, a report from Bloomberg said Apple …

Beware of these stocks in your portfolio with the biggest China risks as Covid protests erupt Read More »

All of the World’s Money and Markets in One Visualization (2022)

All of the World's Money and Markets in One Visualization (2022)

Visualizing FTX’s Balance Sheet Before Bankruptcy In a difficult year for the crypto space that has been full of hacks, failing funds, and decentralized stablecoins going to zero, nothing has compared to FTX and Sam Bankman-Fried’s (SBF) rapid implosion. After an astronomical rise in the crypto space over the past three years, crypto exchange FTX …

All of the World’s Money and Markets in One Visualization (2022) Read More »

Tight market puts health companies’ mission under the microscope

Tight market puts health companies' mission under the microscope

Illustration: Gabriella Turrisi/Axios Despite Dan Trigub’s career history at Uber and Lyft, the MedArrive CEO wants you to know his company is not a transportation business but an enabler of in-home care. Why it matters: In a tight funding market, it’s critical for companies to prove their strengths and clearly communicate their limitations to investors …

Tight market puts health companies’ mission under the microscope Read More »

China Protests Weigh On Stock Market; Apple’s 6-Million Unit Shortfall

China Protests Weigh On Stock Market;  Apple's 6-Million Unit Shortfall

Stock market indexes lost ground in the first half of Monday’s session as China protests weighed on broad sentiment. Apple (AAPL) iPhone Pro production could fall short by 6 million units due to civil unrest and Covid restrictions. X The Dow Jones Industrial Average and S&P 500 fell 0.8% into the lunch hour while the …

China Protests Weigh On Stock Market; Apple’s 6-Million Unit Shortfall Read More »

Stock market could see ‘fireworks’ through the end of the year as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says

Stock market could see 'fireworks' through the end of the year as headwinds have 'flipped,' Fundstrat's Tom Lee says

Several headwinds that pummeled the stock market in 2022 have turned into tailwinds, setting the stage for a rally in US equities heading into year-end, according to Tom Lee, head of research at Fundstrat Global Advisors. “The Thanksgiving holiday has ended and now markets are entering the final key weeks of 2022,” said Lee, head …

Stock market could see ‘fireworks’ through the end of the year as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says Read More »

Investors hope Beijing will lift COVID curbs faster as protests douse markets

Investors hope Beijing will lift COVID curbs faster as protests douse markets

Dozens of campuses, protesters make show of civil disobedience No sign of new protests in Beijing, Shanghai on Monday China bonds, stocks have suffered hefty outflows in 2023 LONDON, Nov 28 (Reuters) – Rare protests rippling across China over Beijing’s zero-COVID-19 policy may have unleashed a fresh wave of political uncertainty but could also hasten …

Investors hope Beijing will lift COVID curbs faster as protests douse markets Read More »

China Protests Vs. Covid Policy Rock Markets; Oil Stocks Lead Declines| Investor’s Business Daily

China Protests Vs. Covid Policy Rock Markets;  Oil Stocks Lead Declines|  Investor's Business Daily

Oil stocks weighed heavy on early trade Monday, tracking oil prices knocked to nearly to 12-month lows as protests in China raised concerns of further interruptions in manufacturing and demand. X US crude oil prices fell about 3% to around $74 per barrel on Monday, briefly dipping to the lowest level since December 2021. The …

China Protests Vs. Covid Policy Rock Markets; Oil Stocks Lead Declines| Investor’s Business Daily Read More »