SAN FRANCISCO Wall Street's worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500's stocks in bear market territory, just nine days after the leading benchmark closed at a record high.
Traders short selling SmileDirectClub had a lot to smile about on Wednesday, earning paper profits of over $115 million as the online dental company's stock plummeted 26% following a disappointing quarterly report.
SAN FRANCISCO Wall Street's main semiconductor benchmark tumbled into correction territory on Tuesday in its deepest four-day rout since the financial crisis, as the coronavirus spread further around the world and deepened fears about the global economy.
SAN FRANCISCO, Feb 25 If history is a guide,
Wall Street may quickly recover from Monday's steep sell-off
sparked by worsening fears about the coronavirus.
SAN FRANCISCO The S&P 500 suffered its worst day in two years on Monday as a surge in coronavirus cases outside China rattled investors already worried about valuations following recent record highs.
SAN FRANCISCO Wall Street's newest cult stock appears to be Richard Branson's Virgin Galactic Holdings Inc , as investors drive shares of the space tourism company to sky-high levels and short sellers dig in their heels.
SAN FRANCISCO, Feb 19 Wall Street's newest cult
stock appears to be Richard Branson's Virgin Galactic Holdings
Inc, as investors drive the space tourism stock to
sky-high levels and short sellers dig in their heels.
SAN FRANCISCO/NEW YORK As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some similarities that cautious investors are keeping an eye on.
New York Ähnlich kontrovers wie Firmenchef Elon Musk ist die Reaktion der Börsianer auf den jüngsten Höhenflug beim Elektroauto-Bauer Tesla: Die einen sind Fans der Kult-Marke und jubeln über das Kursplus von mehr als 400 Prozent seit Mai vergangenen Jahres.
NEW YORK Pretty much everyone on Wall Street has an opinion about Tesla .