After rallying in October and November, the S&P 500 fell for five consecutive days earlier this month. Each of the major indexes has dropped at least 1.5% in December, but an end-of-year surge known as the Santa Claus rally could end the year on a positive note. The uncertain near-term...
but the Shanghai Composite Index fell 37 points on Thursday, and dropped 60 points on Friday. The Shenzhen stock index, the small and medium-sized board index and the GEM board mean no drop. The overall reduction of the stock market has led ...
Ivan Feinseth, a market analyst at Tigress Financial, agreed. "The stock has had a huge run," Feinseth told ABC News. "Some people who are more short-term oriented feel it's time to take a profit." While citing a trend tied to market behavior rather than business performance, the ana...
The stock market just can’t seem to make up its mind. Day after day, stocks swing sharply by hundreds of points. Last week they tumbled 3 percent in the first 90 minutes of trading on Tuesday morning, then on Wednesday closed nearly 3 percent higher and dropped almost 3 percent on Frid...
Apple's stock surged by 7.26%, added $215 billion in market cap, and hit an all-time high the day of its AI announcement. Apple employs about 12,000 employees at its headquarters in Cupertino, California. The company has tens of thousands of other employees who own stock. Worldwide, App...
1. The Dollar Strengthens In 2015, the dollar was at a 12-year high against the euro.3 That placed pressure on market prices because commodity prices are usually quoted in dollars, and they will fall when the U.S. dollar is strong. ...
*Stock Advisor returns as of January 13, 2025 Rich Smithhas no position in any of the stocks mentioned. The Motley Fool recommends Novo Nordisk and Viking Therapeutics. The Motley Fool has adisclosure policy. The views and opinions expressed herein are the views and opinions of th...
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” I don’t believe that is why the stock market dropped and I’ll give you my reason in a second. First you need to realize that while the S&P 500 closed on its 50-day moving average many of the big cap technology stocks that have been leaders and drivers of this stoc...
Li stock has dropped 2% and NIO shares have fallen 1% over the same period. Citi analyst Jeff Chung expects some 9 million all-electric cars to be sold in China in 2025, up from about 7.8 million in 2024. What’s Next: The figures are good news for the wider industry, including ...