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How Tech Dependent Is This Stock Market? – Barron's

One argument cited for why the bull market in stocks is in danger is the seeming narrowness of the recent gains. As a recent report by Goldman Sachs pointed out, just five tech stocks – Facebook FB -0.2995008319467554% Facebook Inc. Cl A U.S.: ...

Snap sinks to IPO price for first time since market debut – Reuters

FILE PHOTO: A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, New York, ...

Stock Exchanges Squabble Over End-of-Day Auctions – Fox Business

The New York Stock Exchange and Nasdaq Inc. slammed a plan by rival Bats to shake up the crucial closing auctions that happen daily at 4 p.m. and determine prices for thousands of stocks. Continue Reading Below Bats’s proposal would “introduce ...

Snap’s share price sinks, trades just above IPO price – Nasdaq

Nasdaq Snap’s share price sinks, trades just above IPO priceNasdaqThe stock traded as high as $29.44 in the days immediately after its market debut but has since declined. Thursday’s price was the lowest since the IPO. Snapchat is popular ...

The US Stock Market Belongs to Bots – Bloomberg

That money you see sloshing around in the U.S. stock market, it belongs to the robots. At least, that’s the picture emerging from a growing divergence between quantitative funds and discretionary managers. Systematic strategies have barely budged ...

The Nasdaq-100's Most Impressive Bull Run in Over 20 Years Is in Trouble – Bloomberg

The selloff that has erased $250 billion from the value of technology shares is threatening to end the industry’s longest stretch of uptrend in more than two decades. The Nasdaq 100 Index dropped almost 1 percent to 5,676.48 as of 11:30 a.m. in ...

A portfolio diversifier for a rising rate environment – CNBC

Investors seeking portfolio diversification and income as the Federal Reserve approved its second interest-rate hike of 2017 should be aware of the rate-hike-resistant history of real estate investment trusts. As financial markets had anticipated, the ...

'Vampire' ETFs Are Causing Bank Stocks to Move in Lockstep – Bloomberg

While the rest of the U.S. stock market celebrates its independence, liberated of lockstep moves and free to chart its own course, bank shares remain a bastion of groupthink. So riveted are traders to interest rates and Trump tweets that the sector is ...

Tech stocks drag Nasdaq 1% lower – Financial Times

Here we go again… Technology stocks slid in early New York trading on Thursday, continuing a recent sell-off for Wall Street’s best performer this year that has cost the industry more than $200bn in market value. The tech-heavy Nasdaq Composite ...