NYSE is reconsidering to allow three Chinese telecom giants to remain listed, the latest twist amid confusion over rules set by the Trump administration and tension within Washington on China policy
China's three biggest telcos saw their shares drop as much as 5% in Hong Kong, the first trading session since NYSE said it would delist the firms under a plan China branded "political"
China's securities regulator on Sunday said New York Stock Exchange (NYSE) plans to delist three Chinese telecom firms are "political" and that the impact will be "limited"
Trump is expected to sign a bill that could prevent some Chinese companies from listing their shares on US exchanges unless they adhere to US auditing standards, the White House said
The move could hit companies such as Alibaba, tech firm Pinduoduo Inc and oil giant PetroChina Co Ltd
The US House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on US exchanges unless they adhere to US auditing standard
There is no reason why the potential bubble in tech stocks will pop anytime soon
US stock market futures dropped after Treasury Secretary Steven Mnuchin pulled the plug on some of the Federal Reserve' pandemic emergency lending programs
Shares surged, oil prices jumped and the dollar stayed weak as expectations of fewer regulatory changes and more monetary stimulus under US president-elect Joe Biden supported risk appetite
Biden's tax increases would reduce the incentive for people to invest in Wall Street stocks, says Mobius
US stocks jumped as investors bet Republicans would hold onto the Senate and prevent changes under a possible Joe Biden White House that would crimp corporate profits
Wall Street's major averages pulled back considerably in the week as investors worried that soaring Covid-19 infections could slow down economic recovery
Brent crude futures were down $1.05, or 2.5 per cent, to $41.60 a barrel by 7.33 pm (IST) and US West Texas Intermediate (WTI) crude declined $1.19, or 2.9 per cent, to $39.48
In recent days, financial markets were hopeful progress toward a Covid-19 vaccine and another round of economic stimulus from Congress would boost the US economy
Stocks were higher before the remarks, but reversed course after Trump made the comments on Twitter
Tech shares weighed heaviest on the indexes, but the blue-chip Dow's losses were mitigated by gains in economically sensitive cyclical stocks
Amazon.com, Facebook and Netflix were among companies that saw block trades of call contracts Thursday, representing speculation on movements in their shares through the first months of next year
Financial planners recommend setting aside 5 to 10 per cent of one's portfolio in international funds
White House negotiators on Tuesday vowed to work "around the clock" with congressional Democrats to try to reach a deal on the package by the end of this week
The Dow Jones Industrial Average rose 152.27 points, or 0.57%, at the open to 26,833.14, and the S&P 500 opened higher by 16.68 points, or 0.51%, at 3,268.52.