Latest News on private equities market

Wall Street trade halted as S&P hits down limit

Wall Street trade halted as S&P hits down limit

Trading on U.S. stock exchanges was halted immediately after opening on Monday, as the S&P 500 fell 7%, triggering an automatic 15 minute cutout put in place after the 2008-9 financial crisis.



6 years ago
Tesco plans $6.6 billion shareholder return from Asia disposals

Tesco plans $6.6 billion shareholder return from Asia disposals

Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of plans to refocus on Britain.



6 years ago
U.S. stock market circuit breakers working as expected: NYSE president

U.S. stock market circuit breakers working as expected: NYSE president

Safeguards in the U.S. stock market are functioning as planned, the president of the New York Stock Exchange said on Monday, after a 7% decline in the S&P 500 triggered a 15 minute trading pause shortly after the market opened.



6 years ago
Coronavirus to drive European airline industry shakeout

Coronavirus to drive European airline industry shakeout

The coronavirus will accelerate a Darwinian shakeout in Europe's overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict.



6 years ago
Boeing shares plunge as FAA rejects proposal on MAX wiring

Boeing shares plunge as FAA rejects proposal on MAX wiring

Shares of Boeing Co dropped 12% on Monday after the planemaker's proposal to leave wiring bundles in place on the grounded 737 MAX failed to get the backing of U.S. aviation regulators, potentially delaying the plane's return to service.



6 years ago
El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached

El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached

"This is going to be treacherous for a while. I would advise most retail investors to stay on the sidelines, not panic. There will be opportunities but they're not now," the chief economic advisor at Allianz said.

6 years ago
Factbox: A 7% plunge in the S&P just triggered a trading halt. Here's how circuit breakers work

Factbox: A 7% plunge in the S&P just triggered a trading halt. Here's how circuit breakers work

A plunge in U.S. markets on Monday triggered a 15-minute trading halt in stocks after the S&P 500 fell 7% shortly after the market opened.



6 years ago
Russia vs Saudi: How much pain can they take in oil price war?

Russia vs Saudi: How much pain can they take in oil price war?

Oil titans Russia and Saudi Arabia have accumulated vast financial cushions that will help them weather a lengthy price war. It's a battle of nerves - so who will blink first?



6 years ago
Oil prices plunge by a third as Saudi-Russian pump war looms

Oil prices plunge by a third as Saudi-Russian pump war looms

Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia and Russia signalled they would hike output in a market already awash with crude after their three-year supply pact collapsed.



6 years ago
Twitter, Elliott agree on board seats, Silver Lake investment

Twitter, Elliott agree on board seats, Silver Lake investment

Twitter Inc said on Monday that it will name three new directors to its board in an agreement with activist investor Elliott Management and private equity firm Silver Lake.



6 years ago
Instant View: Wall Street plunges after oil shock, trading halts then resumes

Instant View: Wall Street plunges after oil shock, trading halts then resumes

U.S. equities plunged on Monday as trading resumed following a slump in oil prices.



6 years ago
Trump blames oil fight, 'Fake News' for stock market drop

Trump blames oil fight, 'Fake News' for stock market drop

U.S. President Donald Trump blamed a fight for oil market share between Saudi Arabia and Russia, as well as unspecified "Fake News," for a precipitous drop in U.S. stock prices on Monday, amid sliding demand for crude due to the coronavirus.



6 years ago
Dow slumps 2,000 points after oil shock

Dow slumps 2,000 points after oil shock

Wall Street's main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22% slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.



6 years ago
Robinhood goes down again, causing clients to miss out on another historic trading day
6 years ago
Gold is a hot investment. Here's why you should resist the urge to buy during the market selloff

Gold is a hot investment. Here's why you should resist the urge to buy during the market selloff

Gold is coming off its best week since 2016 as coronavirus fears lead investors to seek out an alternative to stocks. Financial advisors say this is probably a bad idea for many investors.

6 years ago