China

China Shares See Winning Streak End as Commodities Tumble

China stocks dropped more than 1 percent on Wednesday, snapping a six-session winning streak, as a tumble in commodity prices hit resource shares and prompted profit-taking amid signs of persistent lethargy in the economy.

China Shares Reverse Losses, Rise For a 6th Day

China stocks reversed losses and rose for a sixth straight session on Tuesday, as a sharp course-change for start-up board ChiNext and a late rally in banking stocks pulled main indexes out of negative territory in the last few minutes of trading.

China's Economic Pledge Helps Shares Rise a 5th Day

China stocks rose for a fifth straight session on Monday, led by resources shares and small-caps, after a flurry of reassurances by the country's top leaders that the economy would stay on a sound footing despite strains from major structural reforms.

World Bank Again Cuts Global Growth Forecasts

Souring prospects in the world's largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut growth forecasts for the third straight year.

Oil’s 'Dead Cat Bounce' Faded Fast

Crude had been pumping up incredibly, so much so that it surged nearly 30% in just three days, the biggest three-day gain since 1990! But today is another day, and crude is under pressure.

Futures Tick Up Amid Economic Optimism

Strong economic data from Europe and Asia sent U.S. stock-index futures climbing modestly on Wednesday, suggesting the Dow and S&P could open near record highs.

S&P 500 Notches 5th Consecutive Record Close

Wall Street ended solidly in the green as the S&P 500 logged its 11th record close of the year, the first five-day string of record closes since '98. The Dow also notched its 17th record close.

China's Alibaba Taps U.S. for Mega IPO

Chinese e-commerce behemoth Alibaba officially announced plans over the weekend to list its huge initial public offering in New York instead of Hong Kong.