Asian markets fell on Friday as Wall Street had its worst day since June, as investor happiness plummeted after record highs. Nikkei 225 NIK, -1.26% Hang Seng HSI, down 1% -1.82% Hong Kong lost 1.3%. Australia S & P / ASX 200 XJO, Australia -2.87% 2.7% and the Shanghai Composite …
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Bill Ekman, CEO of Pursing Square Capital Management Getty Bill Ackman, the billionaire hedge-fund giant, was asked on Thursday if the nasty market route, which pulled the tech-heavy Nasdaq composite down 5%, was dark in root stocks. The answer was no. Also, maybe. “ ‘It’s certainly not the beginning of …
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Ben and Dan Wallach, Apple Paul Inc., are unlikely to lead the developer’s revolt against the company’s products they deeply appreciate. But the Chetty Israeli brothers, who have the facility to finish each other’s sentences, find themselves in the mood of “applauding” against Apple Paul AAPL. -6.82% And its increasingly …
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Digits: New applications for unemployment benefits fell sharply last week to an epidemic low, but the overall decline was a big change in how data is reported rather than finding more people in jobs. No progress has been made in the absence of change in the labor market. Initial job …
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The second record-breaking day for the stock looks diced, with the Nasdaq Composite COMP for Thursday. + 0.97% Leads south. There is no doubt that some people may feel angry about the epidemic we have seen in stocks. Bank of America Merrill Lynch’s “Don’t panic” list states that every hour …
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