Pessimism among investors was most pronounced in Hong Kong, where stocks have plunged by nearly 10 percent so far this year.
Category: Stocks and Bonds
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Musk Demands Bigger Stake in Tesla as Price for A.I. Work
Elon Musk, the electric car company’s chief executive, said he would “build products outside of Tesla” unless the board raises his stake to 25 percent.
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After a Rip-Roaring 2023, the Markets Are Taking a Breather
The stock market’s long-term path has been persistently upward, our columnist says, but there have been plenty of setbacks and it’s wise to prepare for more.
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Morgan Stanley to Pay $249 Million in Block Trading Investigation
Federal prosecutors found at least one employee at the Wall Street firm had committed deceptive practices in handling trades of large blocks of stock from 2018 to 2021.
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Airlines to Inspect Boeing 737 Max 9 Planes
Boeing and the Federal Aviation Administration issued technical instructions to airlines two days after a part of a plane was blown out near Portland, Ore.
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Boeing’s Stock Drops as Investors Assess the Alaska Airlines 737 Fallout
The aircraft maker and a key supplier of parts were punished in the markets after a chunk of a plane’s fuselage blew out on an Alaska Airlines flight.
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Boeing’s Stock Drops as Investors Assess Fallout From 737 Max Incident
The aircraft maker and a key supplier of parts were punished in the markets after a chunk of a plane’s fuselage blew out on an Alaska Airlines flight.
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Stocks On Track to End Longest Winning Streak in 20 Years
The S&P 500 is on track for its first weekly decline since October, ending Wall Street’s longest winning streak in nearly 20 years.
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Xerox to Cut 15% of Its Work Force in the First Quarter of 2024
The move is the printer maker’s latest as it tries to shift more toward its business services offerings.
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
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Wall Street strategists’ bull and bear scenarios for 2024.
Wall Street’s forecasts mostly missed this year’s bull market rally. Here’s what strategists are saying about 2024.
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Hong Kong Stocks Plunge to Losses for 4th Straight Year
Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.