Gold Silver Reports ~ Chinese shares fell into a bear market for the second time in seven months, wiping out gains from an unprecedented state rescue amid waning confidence in the government’s ability to manage the country’s markets and economy.
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The Bear Is Alive And Well
Gold Silver Reports ~ Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year.
Is It A Dead Cat Bounce?
Gold Silver Reports ~ After an early, rough start Thursday, stocks finally shot higher with the Dow jumping more than 300 points before moderating its gains after Wednesday’s brutal sell-off that sent the broad
Not A Horrible Day In The Market, But No Sunshine
Gold Silver Reports ~ The stock market closed mixed on Monday, a welcome respite from what has been the worst start to a year ever on Wall~Street, though the plunge in oil continued and sent crude rates to levels last seen in 2003. Stocks initially shrugged off more turbulence in the mainland China stock market overnight, where shares plunged 5.3% after last week’s 10% drubbing on growth fears, and jumped at the open only to see the gains evaporate at midday and then recover again late in the session.
Stocks Slip With Crude Oil
Gold Silver Reports ~ Stocks extended last week’s global rout, oil dropped and the South African rand led a slump in emerging-market currencies as China’s efforts to stabilize the yuan failed to halt losses in equities.
Lenovo kills Motorola
#CES2016 Lenovo kills Motorola; It will now be Moto by Lenovo https://t.co/Keq5YlqVnp, says @ShrutiDhaps pic.twitter.com/WjP8PYG8jL — Express Technology (@expresstechie) January 8, 2016
Wall Street Entered The 2nd day of Trading of 2016
Gold Silver Reports >>> Wall Street entered the second day of trading of 2016 on the defensive as investors still reeled from a global stock sell-off Monday and evaluated the most recent steps taken by Chinese authorities to stabilize markets and reduce jitters.
Overnight, shares in mainland China stabilized with the help once again from government intervention in markets a day after a 7% plunge prompted an early halt to trading in what was the worst start to the year ever for China stocks.