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the New York Stock Exchange – XtremeCuztoms

Category: the New York Stock Exchange

Stock Market Today: Wall Street Jumps, and Its Winning Streak Kicks Into a Higher Gear

NEW YORK—Stocks swept higher Thursday, revving the longest rally for Wall Street in a year and a half into a higher gear. The S&P 500 rallied 1.2 percent to reach heights untouched since April 2022. The Dow Jones Industrial Average climbed 428 points, or 1.3 percent, while the Nasdaq composite rose 1.1 percent. Homebuilder Lennar…


China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges

Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…


Beijing’s Tight Control Over China’s Economy Creates Uncertainty for Foreign Investors

News Analysis In light of Xi Jinping tightening his control over China’s economy, investing in Chinese stocks is risky. One never knows where or how Beijing will involve itself in the economy, but government intervention is inevitable and unopposable. Investment guru Jim Cramer said that the Chinese Communist Party (CCP) is a “wild card.” He…