Stocks Close Lower As Early Rally Falters

Market analysts struggle to determine the effects of China's decision to revalue its currency.

Topics:  china   
BING NEWS:
  • News updates from May 15: US stocks close at record highs on cooler inflation; Slovak PM Fico shot
    US stocks closed at record highs, rallying after inflation data boosted traders’ optimism for the Federal Reserve’s interest rate cuts this year. The benchmark S&P 500 rose 1.2 per cent on Wednesday ...
    05/15/2024 - 4:06 am | View Link
  • AMC Seizes Rally To Shed Debt; GME, Meme Stocks Reverse Lower
    Meme stocks reversed sharply lower early Wednesday as GME stock and AMC shed some gains from the week's massive rally. Meanwhile, AMC moved to use the gains to scratch off more debt.Please watch the ...
    05/15/2024 - 2:41 am | View Link
  • US close: Late rally sends Nasdaq to new all-time high
    US stocks finished the day with moderate gains despite more hawkish comments from the head of Federal Reserve and rising concerns about sticky inflation, with the Nasdaq reaching another record high.
    05/14/2024 - 10:08 am | View Link
  • GameStop, Other Meme Stocks Rally After Market Close. What’s Fueling the Craze.
    To paraphrase Aerosmith’s “Dream On,” investors are meme-ing on until their meme comes true. GameStop was up 45% in afternoon trading Tuesday. AMC Entertainment Holdings was ahead 35%. And the frenzy ...
    05/14/2024 - 9:37 am | View Link
  • AMC completed sale $250 million of stock Monday after meme-stock rally
    AMC Entertainment Holdings completed a previously disclosed at-the-market offering of $250 million of equity capital late Monday through the sale of 72.5 million shares at an average price of about $3 ...
    05/14/2024 - 8:03 am | View Link
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