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Monthly Archive: August 2015

Aug 24 2015

Market weakness continues as Chinese shares enter free fall

Market Recap 08/21/15:   U.S. stocks fell sharply on Friday, with major indexes suffering their worst one-day percentage decline since 2011 on continued fears over a slowdown in China. Wall Street moves have been largely dictated by economic developments in the world’s second-largest economy, with volatility spiking ever since China unexpectedly devalued its currency. On …

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Aug 21 2015

Stocks weaken on China uncertainty

Market Recap 08/20/15:   U.S. stocks fell sharply on Thursday, with the S&P 500 turning negative for the year as investors grew more concerned about the pace of global economic growth. Weakness in China continued to dictate market direction; an index of Shanghai shares saw heavy selling. On Wednesday, China’s Commerce Ministry said exports in the …

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Aug 20 2015

Fed minutes raise new questions about rate hike timing

Market Recap 08/19/15:   U.S. stocks fell in a volatile session on Wednesday as the latest minutes from the Federal Reserve lastest policy meeting clouded the view on when the central bank might raise rates. The Fed expressed concern about the state of the global economy, which many investors took as an indication that the …

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Aug 19 2015

China volatility continues, retail stocks in view

Market Recap 08/18/15:   U.S. stocks fell on Tuesday, pressured by a massive selloff in China that raised new fears about the pace of growth in the world’s second-largest economy. The decline on Wall Street was minor compared with the drop of 6 percent in Shanghai shares, which could be a signal that the China …

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Aug 18 2015

China selloff raises new concerns for U.S.

Market Recap 08/17/15: U.S. stocks rose on Monday, lifted by some strong corporate news and bullish data on homebuilder sentiment, which lifted housing shares to a multi-year high. Media companies jumped on a plan by Walt Disney (DIS) to expand its theme parks with new features based on its Star Wars franchise. Shares of the …

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