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When China Sneezes, These Countries Catch A Cold
Friday, August 5, 2016 - 7:19am | 313Read More...There is a popular saying in economics: When country X sneezes, country Y catches a cold. So, when China "sneezes," which countries are most prone to catching a "cold?" According to Bloomberg, If China were to "sneeze" — either through a devaluation of its currency, a further slowdown in...
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Chinese Shares Tumble On Economic Worries, European Stocks Surge
Monday, May 9, 2016 - 7:02am | 359Read More...Chinese stocks were hard hit on Monday after the government's mouthpiece People's Daily published an article titled "Authoritative Person Talking About China's Economy." According to Barrons, the article said a person of high authority in China is expecting the country...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 3:57pm | 1971Read More...U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Market Wrap For May 8: Tesla Helps Extend Nasdaq's Losing Streak To 3 Straight Days
Thursday, May 8, 2014 - 3:32pm | 3174Read More...U.S. stocks were mixed as the Dow finished in positive territory and the S&P 500 index turned negative after rising to within two points of its record close. The Nasdaq also turned negative towards the end of the day, declining for the third straight day. Earnings continue to come in mixed...
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Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 3:33pm | 2616Read More...U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 3:56pm | 1832Read More...U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Market Wrap For February 12: Markets Take a Breather, Senate Passes Debt Limit Bill
Wednesday, February 12, 2014 - 4:59pm | 3119Read More...U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...
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China June Exports Drop 3.1%
Wednesday, July 10, 2013 - 3:22am | 59Read More...China's exports declined 3.1% y/y in June, versus a 1% rise in May, the General Administration of Customs reported. However, economists were expecting a 4% rise. The country's imports fell 0.7% in the month, versus a 0.3% drop in May. Economists were expecting an 8% rise. China's trade surplus...
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China's Exports Rise In January
Friday, February 8, 2013 - 2:43am | 70Read More...China posted a rise in exports in January, according to official customs data. China's exports surged 25% y/y, versus a 14.1% y/y rise in December. The country's imports climbed 28.8%, versus a 6% rise in the previous month. However, analysts were expecting a 17.7% rise in exports and a 21.4%...
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Benzinga Market Primer, Monday October 15
Monday, October 15, 2012 - 5:09am | 957Read More...U.S. equity futures rose in early Monday trading as China reported a trade surplus that rose faster than economist expectations, raising hopes that the Chinese economy is close to bottoming following a protracted slowdown in growth. The National Bureau of Statistics of China reported that the trade...
