Word: nasdaq
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Dates: during 2000-2009
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...portals in China. With free e-mail, news, auctions and a job site, it claims to have upwards of 6 million page views a day. Netease.com and Sohu.com a portal run by Charles Zhang, are vying to be the first Chinese Internet companies to list on the NASDAQ. The payoff will be crazy, 10-digit money. But Ding still has to deal with the China Uncertainty Principle: bureaucrats in Beijing, whose treatment of the Internet is even more erratic than the movement of the markets...
...economic downturn caused by a stock market reversal. "If there's a correction," says Baumohl, "all of a sudden these consumers would abruptly stop spending, and that could send us into a recession." While the Dow Jones dropped slightly on news of Greenspan's report, the tech-heavy NASDAQ saw steady gains throughout the morning and early afternoon - a trend at the heart of a problem for the Fed chairman. "These days the high-tech companies seem immune to interest rate hikes," notes Baumohl. "It makes it more difficult for the Fed to rein in consumer spending, because consumers...
...basis points)--and they fear more increases are on the horizon. Money flows out of stocks when rates rise or seem likely to, and did it ever last week. The Dow Jones industrial average dropped 513 points, to 10,738.87, its lowest level since Nov. 11. The tech-driven NASDAQ shed...
...NASDAQ INVESTORS Hey, you always had Qual(com)ms; you knew the party had to end. Get over...
...concern that his job may be on the line, and that may mean an interest rate hike designed to slow the economy and head off inflation when the Fed next meets. Fear of a tightening bias sent stock prices plummeting Tuesday, with the Dow losing 359.58 points and NASDAQ suffering a record single-day loss of 229.46 points. Wall Street's pain was shared on Asian and European markets Wednesday, and markets may remain somewhat jittery over the next four weeks ahead of the Fed's February 1 meeting...