Five Chinese companies have been included in a provisional list of 270 companies by the U.S. Securities and Exchange Commission (SEC) to be delisted from U.S. stock markets. If these companies fail to submit detailed audit documents supporting their financial statements within the required time frame, they will be forced out from American exchanges by…
5 Chinese Companies Named by US Regulators for Potential Delisting, Triggering Stock Plunge
March 14, 2022
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NYSE, Nasdaq Halt Trading in Stocks of Russia-Based Companies
NEW YORK—Nasdaq Inc and Intercontinental Exchange Inc’s NYSE have temporarily halted the trading in stocks of Russia-based companies listed on their exchanges, their websites showed. The halts were due to regulatory concerns as the exchanges seek more information following economic sanctions against Russia following its invasion of Ukraine, said sources familiar with the matter. Reporting…
Nasdaq Tumbles Over 3 Percent at Open as Russia Invades Ukraine
The Nasdaq Composite index tumbled at the open on Thursday, dropping more than 20 percent from its record closing high in November last year and on track to confirm a bear market, after Russia launched an all-out invasion of Ukraine. The Dow Jones Industrial Average fell 301.43 points, or 0.91 percent, at the open to…
This Day in Market History: Nasdaq Opens for Business
What Happened? On Feb. 8, 1971, the National Association of Securities Dealers Automated Quotation (Nasdaq) was launched. Where Was The Market? The S&P 500 was at 97.45 and the Dow Jones Industrial Average stood at 882.12. What Else Was Going On? In 1971, Charles Manson was convicted of first-degree murder and sentenced to death, and Walt…
S&P 500, Nasdaq Down After Mixed Results; Meta Weighs
The S&P 500 and the Nasdaq opened lower on Tuesday as mixed earnings and fresh declines in shares of Meta Platforms added to jitters ahead of inflation data this week that could offer clues on the U.S. Federal Reserve’s path of interest rates. The Dow Jones Industrial Average rose 69.55 points, or 0.20 percent, at…
S&P 500, Nasdaq Rise After Turbulent Week
The S&P 500 and the Nasdaq rose on Monday after a week of choppy trading spurred on by mixed quarterly results from big technology companies. Five of the 11 major S&P sectors advanced, with consumer discretionary stocks leading morning gains. The tech-heavy Nasdaq had a choppy start to February after Facebook owner Meta Platforms lost…
Nasdaq Jumps 1 Percent at Open on Alphabet, AMD Results
The Nasdaq opened higher on Wednesday, extending gains for the fourth straight session after a turbulent start to the year, as Google-parent Alphabet and chipmaker Advanced Micro Devices’ stocks surged following strong quarterly results. The Dow Jones Industrial Average fell 27.0 points, or 0.08 percent, at the open to 35378.19. The S&P 500 rose 19.9…
US Stocks Tumble in January Indicating 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, 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, 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…
Nasdaq Inches Higher on Final Day of Roller-Coaster Month
The tech-heavy Nasdaq edged higher on Monday, but was still eyeing its worst start to the year ever as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions. The Dow Jones Industrial Average fell 34.30 points, or 0.10 percent, at the open to 34,691.17. The S&P 500 opened…
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