In an unprecedented move, the stock price of world's most diversified business conglomerate fell 21 percent on the Wall Street. The shares of General Electric (GE) suffered biggest loss ever since the Black Monday in 1987 eroding the company's value by a whopping $53 billion.
Investors
Donald Trump still undecided to sign South Carolina's Republican Party pledge
South Carolina - The Republican billionaire presidential candidate, Donald Trump, on Thursday, said he would decide in time if he will sign a pledge for the Republican presidential nominee. South Carolina Republican Party requires signing the pledge in order to vie for SC's critical primary.
Goldman Sachs' distress trading desk lost $60 million
Even giant Goldman Sachs has been adversely affected by the stock market chaos, as its 2015 distress trading desk lost about $50 million to $60 million.
Panic selling causes log in issues in investing websites
As panic ensued when the Dow crashed to 1,000 points Monday right after the opening bell, some investors complained on Twitter that they weren't able to log into their online stock accounts.
U.S. stock market gains evaporate on another wild trading day
Another wild day of trading gripped Wall Street Tuesday. Many were hoping stocks would recoup losses from Monday's massive selloff, as all three major equity indexes surged during early sessions. But, as trading drew to a close, their gains vanished.
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Apple's stock rose sharply Monday after chief executive Tim Cook sent a rare e-mail to a news commentator, saying sales in China had been strong.
Apple shares went down seven percent Tuesday, and down again six percent Friday amid the declining U.S. stocks.
It's hard to imagine tech giants getting worse than ever. But this dreadful scenario recently happened to a popular social media platform, Twitter, as its stock price fell lower than it was when the company first went public.
The recent devaluation of Chinese currency Yuan has already started creating tremors in the global markets and more precisely in the US economy as it's triggering an imbalance in international trade.
A diversified portfolio allows investors to avoid problems brought by reversals in the stock market by moderating the effect of the decline.
Startup companies centered the stage at a two-day demonstration organized at the Computer History Museum in Mountain View, California. Hardware technology was highlighted as 20 hardware inventions were featured accelerating ahead of the usual mobile app startup.
If you need to invest on new markets and add them to your investment portfolio, you only need to keep one thing in mind: cost. According to Forbes.com there are about 1,500 ETFs or exchange-traded funds in the market today.
China's main Shanghai stock index finish higher Wednesday, but other stock markets were mostly lower as investors are anxious about the volatile Chinese market.
Global stocks are turning out to be more attractive for investors who prefer to put their eggs in different baskets rather investing in the US market alone.
