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Added on the 22/09/2015 23:15:03 - Copyright : Reuters EN
Wall Street retreated from record levels on Wednesday after a drop in oil prices pressured energy stocks, while shares of Walt Disney surged on its results and an acquisition. Bobbi Rebell reports.
Wall Street saw US stocks slide on Tuesday, as fiscal stimulus negotiations lurched into stalemate territory. According to Business Insider, initial results of the third-quarter earnings season kick-off from banks like Citigroup and JPMorgan also failed to impress investors. Apple announced its new iPhone 12 lineup--the tech giant's first major redesign of its flagship product in over 3 years. It didn't go over well: Apple's stock slid, too. And even gold, the ever-popular commodity, fell as much as 1.9%, to $1,886.54 per ounce. However, a breakthrough in stimulus talks could be near, as Senate Majority Leader Mitch McConnell signaled support for passing a deal prior to the upcoming election.
Wall Street edged lower on Wednesday as investors stewed about future interest rate hikes, and cheaper oil dragged down energy shares, although Apple surged to its highest level this year. Bobbi Rebell reports.
The New York Stock Exchange rings the opening bell. Wall Street stocks resume their downward slide early as the economic toll mounts from the rapid near-shutdown of key industrial and services sectors. IMAGES
Seoul, Mar 4 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) on Thursday fell 39.50 points, or 1.28 percent, to close at 3,043.49. (Camera: JEON HEON-KYUN).SHOT LIST: SOUTH KOREAN DEALERS WORK IN FRONT OF MONITORS AT THE HANA BANK IN SEOUL, SOUTH KOREA.
Tokyo, Feb 26 (EFE/EPA).- The main Tokyo Stock Exchange index, the Nikkei, on Friday fell 722.10 pionts, or 2.39 percent, to close at 29,446.17 in the morning session, pressured by an overnight Wall Street sell-off. (Camera: FRANCK ROBICHON). SHOT LIST: PASSERSBY WALK PAST STOCK MARKET INDICATOR BOARDS IN TOKYO, JAPAN.
New York, Jan 27 (EFE/EPA).- Gaming retailer GameStop's shares continued to skyrocket on Wednesday in New York, as an army of amateur traders are beating Wall Street's sophisticated investors at their own game. The electronic game retailer has seen its stock price soar from $3.25 in April 2020 to close at $347.51 on Wednesday.The company has drawn interest from investors in online chat groups and created as much as $3 billion in value losses for short sellers. (Camera: ALBA VIGARAY). B-ROLL OF GAMESTOP STORES AND WALL STREET IN NEW YORK, US.