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The market overall shrugged off the impact of President-elect Donald Trump's new tariffs. The US stocks rallied on Tuesday. The S&P 500 and DJIA both reached intraday and closing record highs. The S&P 500 closed up 34 points or 0.6% at 6,021. The DJIA opened lower but closed inclining 123 points or 0.3% at 44,860. Th...
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BYD COMPANY (01211.HK) will introduce its hybrid electric pickup truck, the Shark 6, to the Australian market with a starting price of AUD60,000 (US$39,000), Bloomberg News reported. The first batch is expected to arrive within weeks. This model is priced about AUD40,000 lower than the higher-end Ford (F.US) Ranger.The introduct...
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With Donald Trump elected as the new US president, the world is eyeing on the name list of the new White House team. Reuters reported that Marco Rubio, a Florida senator who has repeatedly promoted various anti-China resolutions, is one of the frontrunners for the position of Secretary of State.Rubio, being the 2016 Republican p...
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The yield on the US 10-year Treasury note broke above 4.3%, while the market focused on the results to be released by major tech stocks like Alphabet (GOOG.US) and AMD (AMD.US) after the market close. The Nasdaq hiked 145 points, or 0.8%, to reach a new closing high of 18,712. The DJIA fell 154 points, or 0.4%, closing at 42,233...
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US stocks rose before waning. Both the DJIA and S&P 500 hit new highs on Wednesday. The DJIA busted above the peak to reach as high as 42,299 early on, but eventually closed down 293 points, or 0.7%, at 41,914, ending a four-day winning streak. The S&P 500 climbed to a new high of 5,741, but closed down 10 points, or 0.2...
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