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Dow Lower After Eight-Day Rally; Bond Yields Rise

Dow Lower After Eight-Day Rally; Bond Yields Rise

The Dow Jones Industrial Average opened 24,809.55 on Tuesday morning, before falling 238.78 points midday, ending its eight-day rally. Stocks fell after Home Depot (NYSE: HD) reported weaker-than-expected earnings and bond yields jumped after the mo..

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Major Asian chip manufacturer, Taiwan Semiconductor Manufacturing (NYSE: TSM) reported weaker than expected financial results for its first quarter results, which led to it lowering its second quarter and full year guidance. The downgrade caused a s..

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. stocks rose on Tuesday after Chinses Chairman Xi Jinping eased concerns about the trade war which has caused panic in the market recently. Reportedly, The Dow Jones Industrial Average rose 369 points, or 1.5%, to 24348. The S&P 500 climbed ..

Escalating Trade Tensions Leads China to Threaten with New Tariffs

Escalating Trade Tensions Leads China to Threaten with New Tariffs

China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..

Tech Stocks Drag Down U.S. Stocks

Tech Stocks Drag Down U.S. Stocks

Reports of Facebook, Inc. (NASDAQ: FB) data breach dragged down the technology sector, causing U.S. stocks to open weaker on Monday. The Dow Jones Industrial Average opened almost 200 points lower before declining down to almost 600 points by late m..

Spotify Files to go Public in 2018

Spotify Files to go Public in 2018

Music streaming service Spotify announced its plans to go public in 2018. The company will trade under the New York Stock Exchange under the ticker SPOT, according to the company’s F1 filing.According to the filing, Spotify shares have traded ..

Drop in Equity Prices Causes Confusion Among Investors

Drop in Equity Prices Causes Confusion Among Investors

Investors are scrambling for some clarity as the stock market shows signs of a rout due to economic indicators of inflation in the United States. This is quite evident from the fact that the Wall Street closed the previous week with what seems to be..