A 10% correction could be what we are looking at,” veteran strategist Matt Maley at Miller Tabak said on Yahoo Finance’s The First Trade Monday. Maley contends that still high stock valuations coupled … (…
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Recent Posts
Why Trump’s trade war with China could quickly send stocks down more than 10%
China to slap tariffs on U.S. goods despite Trump warning
China’s finance ministry said it plans to set import tariffs ranging from 5% to 25% on 5,140 U.S. products on a revised $60 billion target list. It said the tariffs will take effect on June…
China to impose tariffs on $60 billion of U.S. goods
HONG KONG (Reuters) – China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike…
Promoting the Development of Local Brands in Yiwu, Yiwugo “Top Ten Vendors Competition” Kicks Off
YIWU, China, May 13, 2019 /PRNewswire/ — The China Brand Day 2019 took place in Shanghai from May 10 to 12. The event featured the International Forum on China Brand Development, the experience zone ……
Uber shares fall for second day after ill-fated IPO; Lyft follows
A failed trade deal and the Uber IPO drove the harshest pullback of the year for stocks and also served to test the resilience of Wall Street’s bulls. Boeing shares fall on speculation that China…
LIVE MARKETS-IPOs: The first day is the best (except for Uber)
Can the sizzling IPO run can sustain itself? Depends. U.S.-China trade tensions could cool the market, for one. Shares in newly IPO’d companies also need to hold up. So the ill-fated listings by Uber ……
Uber’s IPO makes history for an unfortunate reason
Newly-listed companies fall below their IPO price for multiple reasons. For one thing, current macroeconomic conditions aren’t helping Uber. The U.S. increased tariffs on China Friday as the latest … ( read original story …)
China tariff retaliation clobbers U.S. stocks
China announced Monday it would impose tariffs on $60 billion … in Chinese imports Monday is ride-hail company’s first full day of trading after a rough IPO last Friday that saw rare stock price ……
Uber Extends Decline as Investor Skepticism Deepens After IPO
The IPO also comes as investors shy away from riskier assets given U.S.-China trade tensions, said the analyst, who has an outperform rating on Uber and sees the stock reaching $65 in the next year.…
China slaps tariffs on $60 billion in U.S. goods
US-China trade war: “Both sides will suffer” China has announced … in Chinese imports Monday is ride-hail company’s first full day of trading after a rough IPO last Friday that saw rare stock price ……
Why Uber may still be worth $100 billion-plus even after its embarrassing IPO
By the time the market closed, Uber’s stock had nosedived 7.6% from its IPO price to $41.57 … and general investor nervousness on the U.S./China [trade war], risk-off worries in this … ( read original…
Uber’s hyped-up IPO hits a few potholes on its first day
Uber’s IPO price was lower than initially expected … Jitters about an intensifying U.S. trade war with China also contributed. Stocks were down sharply Friday morning after the two countries failed … ( read original…
Shenzhen disqualifies 32 students as ‘gaokao immigrants’
Considering that its high school enrollment score has been nearly 100 points lower than the four key high schools in Shenzhen in the past three years, some parents suspected that gaokao immigrants … ( read…
