Tag: U.S. markets

Sharp Drop in Retailers Helps Pull Wall Street Indexes Lower

May 18, 2022
Business & EconomyFederal ReserveMarketsSharesstocksU.S. markets
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NEW YORK—Stocks fell in morning trading on Wall Street Wednesday, led by led by steep drops in retailers as Target plunged after issuing a grim quarterly earnings report. The S&P 500 fell 1.6 percent as of 10:23 a.m. Eastern. The Dow Jones Industrial Average fell 456 points, or 1.4 percent, to 32,197 and the Nasdaq…

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China Experts Allegedly Withdrew From Congressional Hearing Over Fear of CCP Backlash

October 26, 2021
CCPChinaChina Business & EconomycongressDidieconomyPoliticsU.S. marketsUS
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Multiple potential witnesses pulled out of a congressional committee hearing on U.S.-China economic relations due to fears that they could receive backlash stemming from the Chinese Communist Party, according to Rep. Brad Sherman (D-Calif.), chair of the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets. Sherman disclosed this at the outset of the Oct….

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