There has been some excitement in the stock market recently, as both Apple and Tesla have just split their stock -- 4-for-1 and 5-for-1, respectively. The excitement isn't exactly warranted, though, because stock splits are far less meaningful than you might think.
A scorching stock market rally that pushed the benchmark S&P 500 to its best August in more than 30 years is entering what is historically the most volatile two-month stretch of the year, increasing the likelihood of market turbulence in the final stretch before the U.S. presidential election.
World shares edged lower on Friday, and were on course for their worst week in more than two months, though gains in safer assets like bonds and the dollar were muted as investors awaited U.S. jobs data to see if it triggers a bigger sell-off.
China stocks closed lower on Friday after a sharp overnight selloff in Wall Street, with the benchmark Shanghai index posting a weekly loss after a five-week winning streak.
Apple Inc said it was committed to freedom of information and expression in a document it has published on its humans rights policy - a move which follows increased pressure from shareholders.
Japanese shares closed lower on Friday, after a sell-off in high-flying U.S. technology stocks pushed Wall Street to its steepest fall in nearly three months, although for the week, Tokyo markets ended in the green.
Asia's stock markets had their worst session in two weeks on Friday following a tech-led plunge on Wall Street, though gains in safer assets like bonds and dollars were muted as investors awaited U.S. job data to see if it triggers a bigger selloff.
Asia's stock markets had their worst session in two weeks on Friday following a tech-led plunge on Wall Street, though gains in safer assets like bonds and dollars were muted as investors awaited U.S. job data to see if it triggers a bigger selloff.
Japanese shares fell on Friday, after a sell-off in high-flying U.S. technology stocks dragged Wall Street's main indexes to their sharpest decline in nearly three months.
Asia's stock markets slipped on Friday, following the steepest Wall Street selloff since June, while safer bonds and the dollar found support as investors sought shelter.
Wall Street's main indexes closed sharply lower on Thursday, marking their deepest one-day declines since June as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, encouraged by the upcoming 5G phone launches and strong demand for its data-center chips from the growing remote work market.
Stocks fell in historic fashion after a string of record-breaking sessions. The Dow in particular plunged over 800 points to its worst single-session drop since June, despite the number of first-time filers for unemployment benefits totaling 881,000 -- well below last week's.
A gauge of global stocks fell on Thursday from a record high in its biggest one-day decline in nearly three months as the technology sector sold off, while the dollar continued its bounce from more than two-year lows.
The Japanese yen and Swiss franc strengthened against the dollar on Thursday afternoon as a selloff in the U.S. stock market drove investors into the safe-haven currencies.
Wall Street's main indexes closed sharply lower on Thursday, marking their deepest one-day dives in months as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
Wall Street's main indexes tumbled on Thursday and were on track for their deepest one-day dives since June as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.
So much for that record high. One day after setting another all-time high, the S&P 500 Index (SNPINDEX: ^GSPC) is in a rout, down 3.1%, or more than 100 points, just before 1 p.m. EDT on Sept. 3. In a typical year, a 3% move down would likely go down as the worst day of th
What happened
The stock market crashed hard on Thursday, Sept. 3. At 1:15 p.m. EDT, the Dow Jones Industrial Average stood 2.6% lower and the broader S&P 500 index had fallen 3.4%. The tech-heavy Nasdaq Composite led the pack with a decline of 4.6%, giving us a big clue to t
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