January proved a rough start for U.S. stocks as indexes barely avoided a worst-ever yearly start with investors swerving away from risky stocks, signaling a market correction in 2022, while companies brace for interest rate hikes and a withdrawal of pandemic relief measures. After years of booming markets, lofty valuations of companies especially in the…
US Stocks Tumble in January Indicating Rough Year and More Corrections Ahead
US Stocks Tumble in January, Suggesting Rough Year and More Corrections Ahead
January proved a rough start for U.S. stocks as indexes barely avoided a worst-ever yearly start with investors swerving away from risky stocks, suggesting a market correction in 2022, while companies brace for interest rate hikes and a withdrawal of pandemic relief measures. After years of booming markets, lofty valuations of companies especially in the…
FTSE Russell to Drop Xiaomi, Luokung From Indexes on US Order; Scraps AMEC Inclusion
March 5, 2021
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SHANGHAI—Global index publisher FTSE Russell will drop Xiaomi and another high-tech firm from global and Chinese indexes, it said on Friday, and scrap inclusion of a semiconductor firm, in line with a U.S. executive order by President Donald Trump. The changes come after the Trump administration in January placed Xiaomi and eight other companies on…
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