Major US-listed Chinese stocks dropped following a decisive US election win for Republican nominee and former President Donald Trump, who threatened new tariffs on the campaign trail with a particular focus on Chinese imports. Shares of US-listed Chinese e-commerce giant Alibaba (BABA) fell as much as 4.5%, while JD.com (JD) dropped as much as 7.7%,…
US stocks recovered from session lows but finished the day mixed as investors digested a recent bond market sell-off and the next wave of earnings reports. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) closed just below the flatline, while the tech-heavy Nasdaq Composite (^IXIC) ticked up around 0.2%. It was the first…
US stocks retreated on Tuesday as investors digested a recent bond-market selloff and braced for the next wave of earnings reports. The S&P 500 (^GSPC) dropped more than 0.5%. The Dow Jones Industrial Average (^DJI) dropped more than 120 points, or around 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) slid roughly 0.6%. Stocks are coming…