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South Korea Bourse Tipped To Extend Losing Streak

6 years ago
(RTTNews) - The South Korea stock market has moved lower in two straight sessions, sliding almost 25 points or 1 percent along the way. The KOSPI remains just above the 2,380-point plateau and it may take further damage again on Thursday.

Why Wells Fargo Got Slammed on Wednesday

6 years ago
What happened The most troubled of the "big four" U.S. banks, Wells Fargo (NYSE: WFC), released its Q3 of fiscal 2020 results on Wednesday. These didn't exactly impress investors, who traded the stock down by more than 6% on the day.

Here's Why NIO Stock Surged Higher on Wednesday

6 years ago
Chinese electric-vehicle maker NIO NIO closed up 23% today after a bullish upgrade from JPMorgan analyst Nick Lai. Lai upgraded NIO to overweight from neutral, and raised his price target all the way to $40 from $14.

Why Wednesday's Stock Markets Drop Might Be Just the Beginning

6 years ago
The stock market gave up more ground on Wednesday, although it wouldn't be fair to characterize the drop as a rout. Investors seemed concerned that there might not be any action from the federal government to boost spending until well into November at the earliest. That helped s
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