BEIJING (Reuters) – China’s financial regulators on Sunday urged the Ant Group to outline a concrete plan to meet regulatory demands and realize the seriousness of the reform process as soon as possible. File photo: In Hangzhou, Zhejiang Province, China, a thermal imaging camera appears in front of the Ant …
Read More »In a short session, the U.S. Rise in stocks
U.S. stocks hit a high on Thursday to end a slight change in the short-term week on Sunday. The Dow Jones Industrial Average rose 21 points to less than 0.1%. The S&P 500 is up 0.2% and the Nasdaq Composite is up 0.5%. The blue-chip index is flat for the …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Fresh Covid-19 Global Stocks Drop on Travel Ban, Oil Tumble
Global stocks fell Monday following a fresh travel ban on the rapid spread of coronavirus emerging from England, hitting the prospect of a global economic recovery another blow. Futures linked to the S&P 500 fell more than 1%, pointing to losses on the opening bell for the benchmark stocks gauge, …
Read More »Strategists overseeing 124 billion in assets have long been unable to make this boom — here are his two favorite investments for 2021
“ ‘The market we’ve been in for almost a year is the biggest boom in the market.’ ” Meghan Shue, head of investment strategy at the Wilmington Trust, explained to CNBC why she is optimistic that the stock market will have some sideways in the next nine to 12 months. …
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