Wall Street Slump
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US Stocks Slump After Fed Rate Hike, Concerns On Economy
Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.
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Netflix Beats Estimates to Reverse Subscriber Slump, Says Ad-Supported Plan to Attract 4.5 Million Subscribers
Netflix on Tuesday announced that the streaming service had reversed losses in subscribers reported in the previous quarter, adding 2.4 million new subscribers worldwide in Q3 2022. The service said that it expects its recently announced ad-supported streaming option to bring 4.5 million new subscribers to the service by the end of 2022.
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Facebook-Parent Meta Faces Historic Drop as Stock Tanks, Trims $230 Billion Off Company’s Overall Value
Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about it.
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Wall Street Slumps Again As Fears Continue To Spiral, Dow All But Erases 'Trump-Bump'
The benchmark S&P 500 index ended down 5.2%, though it pared losses late in the day as the U.S. Senate passed legislation to provide billions of dollars
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Sensex, Nifty Likely To Open Sharply Lower; Selloff In Asian Markets Amid Coronavirus Fears
Domestic stock markets are likely to start the week with sharp losses tracking a selloff in global peers as investors panicked about the severity of the coronavirus pandemic amid recession fears. Equity markets across Asia sank in a sea of red with MSCI's broadest index of Asia-Pacific shares outside Japan plummeting 3.0 per cent to a five-month lo...
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Europe, US Markets Slump On Virus Fears, Global Slowdown Threat Looms
European and US stock markets slumped painfully again Thursday as new coronavirus infections spread outside China, exacerbating fears of a global slowdown.
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Wall Street Slumps 2% Following Remarks By New Central Bank Chief Jerome Powell
Stocks already were sharply lower before the comments following US President Donald Trump's latest tariff threat late Thursday on Chinese imports, which revived fears of a trade war between the two countries.
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Sensex Stages Swift Recovery After Plunging Over 1,200 Points: 10 Points
The Sensex closed 561 points lower at 34,195 on Tuesday, staging a big recovery after plunging nearly 1,275 points during the session. The NSE benchmark index - Nifty - settled 168 points lower at 10,498. The Nifty had plunged to an intraday low of 10,276 on Tuesday. The pullback in Indian markets tracked recovery in Dow futures, which moved into ...
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BuzzFeed Said To Cut 100 Workers As Online Media Falters
BuzzFeed plans to eliminate 100 jobs, or about 8 percent of its workforce, according to a person familiar with the matter, as the online publisher feels the effects of an industry-wide slump in advertising.
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Asia Shares Edge Higher, Shake Off Tech Slump On Wall Street
On Wall Street, tech giants including Apple, Alphabet, Facebook and Microsoft continued to be sold off for the second consecutive day.
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Nasdaq Reaches Record High, Macy's Stirs Retail Fear
Department stores Macy's dropped 13.89 percent while Kohl's slumped 19.02 percent after the companies said their holiday sales fell more than expected.
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Asian Shares Wobble, Knocked By Wall Street Losses
MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher in early trade, while Japan's Nikkei stock index slumped 0.6 percent.
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Sensex Slumps Nearly 350 Points As Clinton Vs Trump Race Gets Tighter
Markets are beginning to rethink their long-held bets of a victory for Democratic candidate Hillary Clinton, analysts said.
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Dow Falls 40 Points As Telecoms Slump; AmEx Surges
U.S. stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.
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Dow Ends 200 Points Lower, Dollar Hits 8-Month High
Slumping crude prices and a dour start to Wall Street's corporate earnings season pulled down U.S. and European equities on Tuesday.
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US Stocks Slump After Fed Rate Hike, Concerns On Economy
Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.
-
Netflix Beats Estimates to Reverse Subscriber Slump, Says Ad-Supported Plan to Attract 4.5 Million Subscribers
Netflix on Tuesday announced that the streaming service had reversed losses in subscribers reported in the previous quarter, adding 2.4 million new subscribers worldwide in Q3 2022. The service said that it expects its recently announced ad-supported streaming option to bring 4.5 million new subscribers to the service by the end of 2022.
-
Facebook-Parent Meta Faces Historic Drop as Stock Tanks, Trims $230 Billion Off Company’s Overall Value
Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about it.
-
Wall Street Slumps Again As Fears Continue To Spiral, Dow All But Erases 'Trump-Bump'
The benchmark S&P 500 index ended down 5.2%, though it pared losses late in the day as the U.S. Senate passed legislation to provide billions of dollars
-
Sensex, Nifty Likely To Open Sharply Lower; Selloff In Asian Markets Amid Coronavirus Fears
Domestic stock markets are likely to start the week with sharp losses tracking a selloff in global peers as investors panicked about the severity of the coronavirus pandemic amid recession fears. Equity markets across Asia sank in a sea of red with MSCI's broadest index of Asia-Pacific shares outside Japan plummeting 3.0 per cent to a five-month lo...
-
Europe, US Markets Slump On Virus Fears, Global Slowdown Threat Looms
European and US stock markets slumped painfully again Thursday as new coronavirus infections spread outside China, exacerbating fears of a global slowdown.
-
Wall Street Slumps 2% Following Remarks By New Central Bank Chief Jerome Powell
Stocks already were sharply lower before the comments following US President Donald Trump's latest tariff threat late Thursday on Chinese imports, which revived fears of a trade war between the two countries.
-
Sensex Stages Swift Recovery After Plunging Over 1,200 Points: 10 Points
The Sensex closed 561 points lower at 34,195 on Tuesday, staging a big recovery after plunging nearly 1,275 points during the session. The NSE benchmark index - Nifty - settled 168 points lower at 10,498. The Nifty had plunged to an intraday low of 10,276 on Tuesday. The pullback in Indian markets tracked recovery in Dow futures, which moved into ...
-
BuzzFeed Said To Cut 100 Workers As Online Media Falters
BuzzFeed plans to eliminate 100 jobs, or about 8 percent of its workforce, according to a person familiar with the matter, as the online publisher feels the effects of an industry-wide slump in advertising.
-
Asia Shares Edge Higher, Shake Off Tech Slump On Wall Street
On Wall Street, tech giants including Apple, Alphabet, Facebook and Microsoft continued to be sold off for the second consecutive day.
-
Nasdaq Reaches Record High, Macy's Stirs Retail Fear
Department stores Macy's dropped 13.89 percent while Kohl's slumped 19.02 percent after the companies said their holiday sales fell more than expected.
-
Asian Shares Wobble, Knocked By Wall Street Losses
MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher in early trade, while Japan's Nikkei stock index slumped 0.6 percent.
-
Sensex Slumps Nearly 350 Points As Clinton Vs Trump Race Gets Tighter
Markets are beginning to rethink their long-held bets of a victory for Democratic candidate Hillary Clinton, analysts said.
-
Dow Falls 40 Points As Telecoms Slump; AmEx Surges
U.S. stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.
-
Dow Ends 200 Points Lower, Dollar Hits 8-Month High
Slumping crude prices and a dour start to Wall Street's corporate earnings season pulled down U.S. and European equities on Tuesday.
