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Category Archives: China
U.S. stocks were mostly higher to start the week, the third Monday in a row that stock prices have gained.
U.S. stocks rebounded on Thursday, erasing Wednesday’s losses, on a lower-than-expected report on jobless claims and a rate cut from the European Central Bank.
A bogus report about an attack on the White House failed to derail the three-day stock market rally on Tuesday.
Stocks fell sharply around the globe on Monday following a broad decline in commodities, led by gold, which plunged more than 10%.
Following a slow start, U.S. stocks picked up steam and ended higher again on Tuesday.
Following double-digit or near-double-digit returns in the stock market averages during the first quarter, stocks opened the second quarter on a down note.
It took almost 5½ years, but Thursday saw the S&P 500 finally surpass its October 2007 high, four weeks after the Dow Jones Industrials headed into new high territory.
Following a weak opening, U.S. stocks spent most of the rest of Monday rallying higher, the Dow and S&P 500 posting gains for the seventh straight day.
With a few asterisks, Tuesday was a record day on Wall Street.
A sharp drop in Chinese stock prices derailed the global market rally early Monday, but U.S. equities battled back and managed to post gains to start the week.