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  • Dow tumbles 300 points, S&P 500 skids 1.3% as investors eye Fed response to strong U.S economic data
    U.S. stocks fell Monday to kick off a fresh week, with the S&P 500 and Nasdaq both down more than 1.2% heading into midday. The Dow Jones Industrial Average was down about 299 point, or 0.9%, trading near 34,134, while the S&P 500 index was off 1.2% and the Nasdaq Composite Index was 1.4% lower, […]
  • Dow, S&P 500 finish lower Thursday, kick off final month of a brutal year on a down note
    U.S. stocks finished mostly lower on Thursday, kicking off the final month of a brutal year for investors on a downbeat note. The Dow Jones Industrial Average fell about 194 points, or 0.6%, ending near 34,395. The S&P 500 index fell 0.1%, while the Nasdaq Composite Index rose 0.1%, according to FactSet. Stocks rallied sharply […]
  • Neuberger wins clearance to manage assets in China for Chinese residents
    Neuberger Berman said Monday it became the second global institution to receive final approval from the China Securities Regulatory Commission (CSRC) to launch a wholly owned, newly established mutual fund business in China. Neuberger Berman will now be allowed to manage local assets for local clients, which has not been allowed previously. BlackRock Inc. was […]

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