• Asian shares mostly rise after Dow crests 30,000 points

    1 month ago - By Chron

    TOKYO - Asian shares mostly rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood.
    Japan's benchmark Nikkei 225 edged up 0.5% to finish at 26,296.86. Australia's S&P/ASX 200 gained 0.6% to 6,683.30. South Korea's Kospi lost early gains to decline 0.6% to 2,601.54. Hong Kong's Hang Seng rose 0.2% to 26,636.98, while the Shanghai Composite dipped 1.2% to 3,362.33.
    Jingyi Pan, senior market strategist at IG in Singapore, noted news that...
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  • As Dow Closes At Record High, How About Facebook?

    1 month ago - By Forbes

    High performing stocks like Facebook, which carry so much weight in the overall market, might be overvalued. This possibility should give investors pause as to whether Dow 30,000 accurately reflects fundamentals.
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  • The Dow Just Hit 30,000, But Meanwhile The Real Economy Is Having A Meltdown

    The Dow Just Hit 30,000, But Meanwhile The Real Economy Is Having A Meltdown

    1 month ago - By The Economic Collapse

    Did you hear the good news? The Dow Jones Industrial Average hit 30,000 for the first time ever this week. In the midst of the worst economic downturn since the Great Depression of the 1930s, the stock market has been soaring to heights that we have never seen before. What we have been witnessing is completely insane, but I suppose that if the entire system is utterly doomed, we might as well go out with a bang.
    I have often said that the stock market has become entirely detached from reality, and that statement has never been truer than it is right now.
    For the companies listed on the S&P...
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  • Asian shares rise after Dow crests 30,000 on vaccine hopes

    Asian shares rise after Dow crests 30,000 on vaccine hopes

    1 month ago - By Stl Today

    TOKYO - Asian shares rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood.
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