States Chronicle - Latest Breaking World News

Thursday, January 21, 2021
Log in
  • About Us
  • Contact Us
  • Authors
  • Investor Relations
  • Privacy
  • Terms of Use
  • Latest News
    • Right Colors for your Skin Tone
    • MOST ACTIVE NASDAQ After-Hours
    • iPhone 5C Release Date
    • Samsung Galaxy S5 Release Date
    • The History of the Atkins Diet

Stocks pressured by weak China growth

April 25, 2013 By Deborah Cobing Leave a Comment

Email, RSS Follow

Monday is definitely not a great day in the stock market today especially for investors. Gold prices decreased today by 6% after China reported that their economic growth has increased by 7.8%. The growth was slower than what took place in the previous quarter but this what stock market analysts were expecting. Stock futures in the United States were lower but this due to them taking cues from other countries such as Europe where stocks decreased by 1%. Stocks in Asia also experienced a serious decrease in their stocks today. It is obvious that the data released by the Chinese government ended up having negative effects on an international basis, not only on the stock market of the United States.

However, this isn’t stopping investors as most of them are still optimistic about a big earnings week. Citigroup reported their earnings ahead of the trading process today whereas Goldman Sachs, BAC, and the bank Morgan Stanley are all in the lead this week. Technology earnings weren’t affected by the China situations as companies such as Yahoo, Nokia, Google, and Microsoft experienced improvements today. When it comes to corporate news affecting the stock market, Dish announced today that they are currently bidding by $25 million to purchase Sprint Nextel. This comes after an agreement took place between Softbank and sprint. The agreement is considered to be one of the most profitable to take place in the United States during the past ten years.

Thermo Fisher also experienced an improvement in their shares after they finalized the agreement with Life Technologies. The deal is going to be worth $14 billion.  On an international basis, Asian market ended up lower today after the data by the Chinese government was released. The Chinese composite decreased by 1.2% whereas the Nikkei decreased by 1.6%. Gold also took a catastrophic downturn during the past few years especially with gold prices decreasing dramatically over the past few years. It is unknown when the price of gold is going to improve again especially with continuous decrease that has been taking place. Keep in mind that gold has never decreased to this extent over the past two years and this is starting to be extremely worrying to investors.

Email, RSS Follow

Filed Under: Markets

About Deborah Cobing

The two C’s that best describe Deborah are calm and calculated. When she was younger she was fiercely determined to become a doctor. That was until she actually got into medicine school. After two years of university she realized that she wasn’t quite cut out for the job. She quickly halted her studies and decided to pursue a career in writing instead.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 30 other subscribers

Doom and MiniDoom 2

Volunteer-Based Mexican Studio Releases Sidescrolling Doom Clone

March 12, 2018 By Georgia Dawson Leave a Comment

Chinese Mom and locked iPhone.

Toddler Locks Chinese Mom Out of Phone for Half a Century

March 9, 2018 By James Faulkner Leave a Comment

Alexa laughing

Amazon Alexa Laughing out of the Blue Puzzles Engineers

March 8, 2018 By Jack M. Robinson Leave a Comment

Flippy and the Burgers

Meet Flippy, World’s First Fast-Food Robotic Chef

March 6, 2018 By Georgia Dawson Leave a Comment

System Shock

System Shock Remastered Delayed, Nightdive Studios CEO Announces

February 19, 2018 By Janet Vasquez Leave a Comment

Sea of Thieves.

Sea of Thieves Optimized for Low-End PCs

February 14, 2018 By Georgia Dawson Leave a Comment

Sony and VR

Sony Touts New Generation of VR Controllers

January 31, 2018 By Deborah Cobing Leave a Comment

YouTube

YouTube Stiffens Its Monetization Policy to Discourage Spammers and Bad Actors

January 18, 2018 By Georgia Dawson Leave a Comment

Google Art Doppelganger

Google App Can Now Show Your Art Doppelganger

January 15, 2018 By Troy Rubenson Leave a Comment

YouTube mobile app logo on a smartphone

YouTube Now Enables Vertical Videos on iOS

December 24, 2017 By Janet Vasquez Leave a Comment

Samsung Galaxy S2 with a shattered screen

Cracked Smartphone Screens Are a Thing of the Past – Self-Healing Polymer Gets Fixed Just by Pressing It

December 20, 2017 By Janet Vasquez Leave a Comment

Bing logo on a white background

Bing Improves Its Search Results with the Help of AI and Reddit Integration

December 16, 2017 By Janet Vasquez Leave a Comment

White hashtag on a blue background

Follow Your Interests on Instagram by Directly Following Hashtags

December 14, 2017 By Janet Vasquez Leave a Comment

Samsung Galaxy S7 Edge on a leather seat

Samsung Galaxy Smartphones Make More People Happier as Compared to iPhones

December 13, 2017 By Janet Vasquez Leave a Comment

Related Articles

  • alt="Wholesale Eggs Awaiting Cleaning"

    Eggmergency: Bird flu Causes Significant Spike in Wholesale Price of Eggs

    Jun 3, 2015
  • Why Conferences Are a Powerful Marketing Tool

    Apr 21, 2015
  • Sales Are Not a Priority this Season

    Jan 14, 2015
  • Facebook Will Keep Selling Ads Based on User Data

    Facebook Will Keep Selling Ads Based on User Data

    Sep 30, 2014
  • UK Trade Deficit widens in the second quarter

    UK Trade Deficit Widens as Geopolitical Tensions Accumulate

    Aug 8, 2014
  • Italy Enters Another Recession as its economy contracts for a second quarter

    Italy Enters Another Recession Period

    Aug 6, 2014
  • Chinese solar panel producers face punitive comercial measures

    U.S. Commerce Department Imposes Punitive Measures to Chinese Solar Panel Producers

    Jul 26, 2014
  • French Bank BNP Paribas to pay $8.7 billion fine

    French Bank BNP Paribas to pay $8.7 billion fine

    Jul 1, 2014
  • BIGGEST LOSERS NASDAQ Pre-Market – RIGL, DNDN, TLAB, AMBA, PTNR, HIMX, MGIC, MNKD, ZNGA, CMLS

    Aug 26, 2013
  • NASDAQ PRE-MARKET MOST ACTIVE – MTEX, AVNR, ONXX, MRGE, AMGN, JRCC, LOGI, UEPS, IBCP, MACK

    Aug 26, 2013

Categories

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Markets
  • National News
  • Nature
  • News
  • Politics
  • Science
  • Technology
  • Uncategorized
  • World

Copyright © 2021 statechronicle.com

About · Privacy Policy · Terms of Use · Contact

This website uses cookies to ensure you get the best experience on our website. Learn more.