Philip Chua Business Blog

Posts Tagged ‘Wall Street’

Investors are turning more to options for protection after the latest data showing the frailty of the economic recovery, but they may find some comfort in Wall Street's "fear gauge."


Wall Street - Stock market - Business - Investing - Stocks and Bonds

Wall Street enters this week on the cusp of a breakout in U.S. stocks, but it will need another spate of convincing earnings reports to feed the rally that sprouted at the end of last week.


Wall Street - Sports - Organizations - Investing - Stocks and Bonds

WITH Wall Street closed for the 4th of July holidays and Shanghai's key index sliding to a 14-month low, there was no way for the local bourse but to head south. That said, the Straits Times Index still showed remarkable resilience by remaining largely range-bound on low volumes, and closing the session just 0.17 of a point down at 2,844.02. Traders said that whatever little volume that was being ... more

Bank stocks shot higher Friday after an agreement on a financial regulation bill reassured investors that new rules won't devastate financial companies' profits.


Wall Street - Stock market - Business - Investing - Stocks and Bonds

THE Straits Times Index (STI) gained 45.41 points to 2,696.02 yesterday, thanks largely to Wall Street's avoidance of a total blowout on Tuesday and hopes that Western markets might stabilise during their Wednesday sessions - hopes that were lifted when Europe opened in the black late in the afternoon here. Brokers, however, were unsure of how lasting the local bounce will prove, given the market'... more

DO WE need a 'wall' on Wall Street? The question looms after traders' computers spiralled out of control and sent the Dow Jones Industrial Average into a nearly 1,000-point plunge last week. It appears that Wall Street is becoming less a place where businesses raise capital and more a traders' playground. Billion-dollar investors and their million-dollar computers are an expanding reality in sto... more