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US stocks climb ahead of China trade talks; Walmart surges
Published:
Description: U.S. stocks are surging Thursday morning as China and the U.S. prepare to hold their first trade discussions in months, a potential sign of progress toward ending the trade war between them.  more...
Number of Fidelity 401(k) millionaires hits record high
Published:
Description: At the end of the second quarter, 168,000 people with 401 s managed by Fidelity Investments had at least $1 million in their accounts, up from 50,000 people a year earlier, according to a new study by Fidelity, one of the nation's largest administrators of workplace retirement accounts. While gaining, that exclusive group of savers is still just a fraction of the 16.1 million people who have a 401 account managed by the fund company.  more...
Asian stocks slide as investors fret over China's economy
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Description: Shares are higher in early European trading after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined.  more...
Asian stocks slide as investors fret over China's economy
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Description: People react as they monitor stock prices at a brokerage house in Beijing, Thursday, Aug. 16, 2018. Asian shares are falling as investors fret over slowing economic growth, especially in China.  more...
London Markets: U.K. stocks fight for direction, struggle to end 4-day losing streak
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Description: The U.K.'s main stock index switched between small gains and losses Wednesday, struggling to snap a four-day losing streak as the ongoing turmoil in Turkey's currency and equity markets showed some signs of stabilization. fell 0.1% to 7,604.07 after an earlier gain didn't stick and after dropping 0.4% in Tuesday's session .  more...
Mideast Stocks-Abu Dhabi bucks trend as Turkey concerns weigh on Gulf markets
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Description: Abu Dhabi shares ended 1.1 percent higher on Wednesday, bucking weakness in other major Gulf markets which were dragged down by concerns about the Turkish economy as market activity slowed ahead of a Muslim festival next week. Abu Dhabi index was boosted by gains in market-heavyweight First Abu Dhabi Bank , which ended 2.5 percent higher, and telecom firm Etisalat, which rose 1.2 percent.  more...
North American stock markets lower in late-morning trading, loonie falls
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Description: Canada's main stock index posted a triple-digit decline in late-morning trading as energy and resource stocks slid lower and commodity prices moved down. In New York, the Dow Jones industrial average was down 319.97 points at 24,979.95.  more...
Stocks sink on growth concerns and jitters over Turkey
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Description: Global stocks are sinking Wednesday as an unexpected drop in profits for Chinese tech giant Tencent has investors worrying about economic growth. Oil and copper prices are falling.  more...
What's the best way to invest in expensive stocks? Ask a Fool
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Description: Question: I'm thinking of buying some Microsoft stock, but with shares at record highs, I'm worried that it may be due for a drop. What can I do? Answer: One strategy I like to use when I'm afraid a stock could be due for a pullback is called dollar-cost averaging.  more...
How US Fed is unintentionally squeezing developing economies
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Description: President Recep Tayyip Erdogan is blaming the United States for Turkey's financial crisis, ignoring homegrown problems like high debts, raging inflation and his own erratic policies. Yet one of the threats facing Turkey and other emerging-market countries really is made-in-America: By ratcheting up U.S. interest rates, the Federal Reserve has - unintentionally - led investors to pull money out of emerging markets like Turkey, strengthened the dollar's value and made it harder for foreign companies to repay their dollar-denominated debts.  more...
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