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Nasdaq has worst day since July Financial News
US stocks closed mixed on Monday as the tech sector dragged the Nasdaq to its worst day since July and kept the S&P 500 near the unchanged mark as investors cleared the decks for Alibaba's debut planned for later this week. Alibaba's could be the largest initial public offering in history and has seen "overwhelming" interest, meaning Yahoo's 23 percent stake could be worth more next week than it is now.
One Put, One Call Option To Know About for Travel... Financial News
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Travelers Companies Inc . So this week we highlight one interesting put contract, and one interesting call contract, from the January 2017 expiration for TRV.
BIRINYI: Baristas Haven't Been Asking About Stock... Financial News
Over the weekend, Barry Ritholtz sat down with Wall Street legend Laszlo Birinyi for his Masters in Business program on Bloomberg Radio. But though the market is in what Birinyi sees as its final stage, we're not done yet, as we haven't gotten a real take-off, or what many in the market would call a "blow off top."
Facebook, Twitter, LinkedIn plunge Financial News
It was a sleepy day on Wall Street Monday ... unless you happened to be looking at some high profile tech stocks, especially shares of social media companies. Facebook fell 4 percent.
The close: TSX weighed down by weak Chinese data Financial News
The Toronto stock market closed lower Monday as mining stocks fell alongside metal prices in the wake of weak industrial data from China. U.S. markets were uneven with the Dow Jones industrials up 43.63 points to 17,031.14, while the Nasdaq was down 48.7 points at 4,518.9 and the S&P 500 index slipped 1.41 points to 1,984.13.
Stocks mixed ahead of this week's Fed meeting Financial News
U.S. stocks were mixed in the early the afternoon Monday, ahead of this week's potentially pivotal Federal Reserve meeting. The Fed is nearing the end of its bond-buying stimulus program, and investors will be looking for clues about when the central bank will start raising interest rates.
Speculation swirls over Fed language on rate hike Financial News
When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time." The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed's first increase in interest rates since it cut them to record lows in 2008.
Sensex slips below 27,000 level, plunges 185 poin... Financial News
The benchmark BSE Sensex tumbled over 185 points to dip below the 27,000-mark in early trade today on selling by funds and retail investors after industrial production growth slowed to 0.5% in July amid a weak trend in the Asian region. The 30-share barometer slipped below the 27,000-mark by falling 185.55 points, or 0.69%, to 26,875.49 with metal, FMCG, power, capital goods and IT stocks leading the fall.
Global stocks down after weak China data Financial News
World stock markets sank Monday on weak Chinese economic data as investors looked ahead to a U.S. Federal Reserve meeting and Scotland's independence referendum. KEEPING SCORE: Germany's DAX was little changed at 9,650.62 and France's CAC-40 declined 0.3 percent to 4,428.59.
Foreign investors lap up Indian bonds Financial News
Foreign investors are lapping up "made in India" paper whether its rupee debt or a dollar bond; and they're willing to settle for interest rates that aren't as high as they were getting a year back. Testimony to this is ICICI Bank's latest offshore issue that attracted as much as $2 billion - the bank retained $500 million - at a price that was the lowest in seven years.
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