Stock markets

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US stocks ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

European markets slide as investors digest more interest rate hikes;  BOE raises rates

European markets slide as investors digest more interest rate hikes; BOE raises rates

US stocks open mixed US stocks opened weakly on Thursday following the Federal Reserve’s decision on Wednesday to implement its third consecutive 0.75% interest rate hike. The Dow Jones Industrial Average and S&P 500 hovered around the fixed line in early trades, while the Nasdaq was down 0.2%. — Karen Gilchrist Bank of England raises …

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"She never explained anything": I am an elderly person and I lost $100,000 on the stock market this year.  Can I sue my financial advisor?

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor?

I am a senior citizen and I suffered significant losses in the range of $100,000 during the recent stock market turmoil. Can I sue my financial advisor? I understand the dynamics of the market in terms of its ups and downs, and I’ve weathered them before. However, it has been different with the market over …

“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor? Read More »

European companies are rethinking their plans for a 'closed' China

European companies are rethinking their plans for a ‘closed’ China

Foreign direct investment from Germany to China rose about 30 percent in the first eight months of the year compared to a year ago, China’s Ministry of Commerce said on Monday. CGV | Visual Group China | Getty Images BEIJING — European businesses in China are reassessing their market plans after this year’s Covid controls …

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