Wall Street plunged on Monday as fear of contagion from a potential collapse of China's Evergrande prompted a broad sell-off and sent investors fleeing equities for safety.
U.S. stocks fell on Monday, with the Nasdaq down more than 3%, as worries mounted over the pace of economic growth and a possible spillover from China Evergrande's troubles.
The stock market got off to a bad start on Monday morning, and even the high-flying Nasdaq Composite (NASDAQINDEX: ^IXIC) couldn't avoid steep losses. At noon EDT, the Nasdaq was down 2.5%, on pace for its worst day in months.
U.S. stocks sharply dropped on Monday as risk-off sentiment gripped investors on concerns over the pace of global growth and a possible spillover from China Evergrande's troubles, ahead of the Federal Reserve's policy meeting later this week.
Wall Street's main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus.
What happened
Shares of Tesla (NASDAQ: TSLA) stock tumbled 3.9% as of 11:50 a.m. EDT Monday. The reason can be summarized in three little letters: "FSD."
A developer and maker of hydrogen fuel cells and an emerging name in "clean energy" trucking, Hyzon Motors (NASDAQ: HYZN) recently saw some big stock market gains. Hydrogen's appeal is that it is able to be pumped into a fuel tank as fast as gasoline or diesel. With the technol
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio S&P 500— Growth ETF (Symbol: SPYG) where we have detected an approximate $371.1 million dollar inflow -- that's a 2.
Wall Street's main indexes tumbled on Monday, as concerns about the pace of a global recovery hit economy-linked stocks at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus.
Wall Street was set to tumble at the open on Monday, as concerns about the pace of an economic recovery hit energy and banking shares at the start of a week in which the Federal Reserve will decide on potentially tapering its pandemic-era stimulus.
The central bank to the world's central banks, the Bank for International Settlements, has warned of the growing risk of a price bubble in environmentally friendly-focused asset markets.
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All the Industry Focus hosts come together to celebrate the 2,000th episode of the podcast. Topics include lessons learned from the podcast, the story that made the biggest impact on the hosts, most recent stock buys, and more!
U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Reuters on Sunday showed.
The quartet of newly minted citizen astronauts comprising the SpaceX Inspiration4 mission safely splashed down in the Atlantic off Florida's coast on Saturday, completing a three-day flight of the first all-civilian crew ever sent into Earth orbit.
No matter the sector or industry, top-tier growth stocks all share the same fundamental attributes. From Tesla to Netflix to Adobe, these companies are able to expand their businesses, retain a slew of competitive advantages, and capitalize on paradigm-shifting trends.After less
Twitter (NYSE: TWTR) shares have soared more than 55% and counting in the past year. Of course, the iconic platform is best known as a micro-blogging social network. But it's quickly evolving into something that's potentially even more influential and lucrative with the rise of c
The quartet of newly minted citizen astronauts comprising the SpaceX Inspiration4 mission were due to splash down in the Atlantic off Florida on Saturday, completing a three-day flight of the first all-civilian crew ever launched into Earth orbit.