Saturday, December 30, 2017

Google Alert - Financial Markets

Financial Markets
As-it-happens update December 30, 2017
Technology companies, banks and health care stocks accounted for much of the market's decline. Energy stocks also fell, even as the price of U.S. crude oil surged to its highest level in more than two years. Despite the downbeat end to the week, the U.S. stock market finished 2017 with its strongest year ...
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One of the most dramatic market developments in 2017 was the breath-taking rise of bitcoin BTC=BTSP and other cryptocurrencies. While they have pulled back at year-end, ... of roughly 1,400 percent in 2017. Financial markets around the world will be closed on Monday on New Year's Day. HOLIDAY ...
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... up 42%, Apple supplier Taiwan Semiconductor Manufacturing (TSM) rose 42%, and financial-technology play Ping An Insurance (2318.Hong Kong) jumped 111%, helping to power the Asian rally. (It should be noted that Asian gains are based on the returns of the largest stocks in individual markets.).
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Josh Brown, blogger at The Reformed Broker and CEO of Ritholtz Wealth Management: "My big 2018 call is that euphoria is the biggest risk for stock-market investors. We show every sign of wanting to go back to that place. If we do, no amount of GDP expansion or earnings growth will be enough to ...
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