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Billionaire Soros doubles bet against US stocks
Soros Fund Management has increased its bearish bet against US companies on the S&P 500 index. Its billionaire owner will make money if the index collapses.
The Standard & Poor’s 500 is an American stock market index based on market capitalization of 500 large US companies having common stock listed on the New York Stock Exchange or on NASDAQ.
The 86-year-old investor’s fund has reported...
US stocks lose $2.2 trillion in six days
Asian stocks take heart from a sharp rebound in US shares, breaking a six-day losing streak which plunged global markets into mayhem.
The turnaround came after carnage on global markets which shaved $2.2 trillion off US stocks, with China being at the epicenter of the financial tremors.
China’s Shanghai Composite Index on Thursday rose 2.2% to reclaim the critical 3,000 mark. The benchmark’s steep...
Americans Celebrate Last Year As Free People
The global intelligence company Stratfor (Get tomorrow’s intelligence, not yesterday’s news.) recently published a series of 2014 predictive articles for its most exclusive clients which, in essence, warned that the United States would, by the end of next year, “cease to exist in all but name only” due to three looming threats: 1.) A potential false flag attack by America’s oligarchy...
US stocks fall amid government shutdown
The US stock market plummeted to its lowest level in almost a month as a federal government shutdown stretched into its third day on Thursday.
The Dow Jones industrial average dropped 135 points after the closing bell. The 0.9 percent loss forced the Dow index to close at below 15,000 points.
The broad-based Standard & Poor’s 500 index also fell 17 points, or 1 percent, to its lowest point...
US stocks drop amid fears of government shutdown
As a government shutdown looms over the federal budget in the United States, stocks in the country fall sharply and global investors cut allocation to US equities and bonds.
All 10 main industries of Standard & Poor’s 500 index dropped on Monday. Microsoft Corp. led the declines with a 1.1 percent fall among the largest companies while shares in finance, telephone and energy tumbled the most.
Dow...