Shanghai Composite Index news stories on Newser

US Stocks Track Chinese Selloff; Dow Down 48

Nick McMaster — Mon, 31 Aug 2009 15:22:15 CDT

A staggering 6.7% selloff in the Shanghai Composite spooked US stocks, which stayed low throughout today's session, the Wall Street Journal reports. Analysts note that it’s the second time in 3 weeks US markets have fallen in response to a drop in China—a reverse of the usual relationship....

Global Selloff Rocks Dow

Kevin Spak — Mon, 17 Aug 2009 08:51:38 CDT

The Dow tumbled 175 points at the open today, following even bigger selloffs in overseas markets, the Wall Street Journal reports. The S&P and Nasdaq each fell 2.2%. Those drops followed a whopping 5.8% dive on China’s Shanghai Composite Index, a 3.1% drop for Japan’s Nikkei, and...

China's Rally Sends Stocks Up

Kevin Spak — Wed, 04 Mar 2009 08:38:00 CST

Stocks surged at today’s open, tracking a huge rally in China, the Wall Street Journal reports. The Dow climbed 100 points, while the S&P and Nasdaq each added 1.8%. That followed a more than 6% leap in the Shanghai Composite, on strong manufacturing data and stimulus discussion. US news...

Chinese Stimulus Lifts Dow

Kevin Spak — Mon, 10 Nov 2008 08:49:00 CST

Stocks jumped out of the gate today, thanks to a $586 billion stimulus package from Beijing. The Dow was up nearly 200 just after opening, the Wall Street Journal reports, and the S&P and Nasdaq climbed 1.8% and 1.2%, respectively. The moves followed rallies overseas, including a 7....

Asia Markets Up, Down (Again)

Peter Fearon — Wed, 29 Oct 2008 01:44:51 CDT

Markets across Asia rebounded today following a huge Wall Street rally and hopes of a drop in interest rates, but failed to hold on to some of their biggest gains as investors hedged against weak earnings reports from heavy hitters such as Panasonic and Sony, MarketWatch reports. Meanwhile, the Japanese...

Asian Markets Plunge Again

Peter Fearon — Thu, 16 Oct 2008 01:52:39 CDT

Share prices tumbled in Asia again today amid fears of a US recession and a braking global economy, reports MarketWatch. The key Nikkei 225 Stock Average plummeted 10%, the Hang Seng Index dropped 7.6%, and the China Enterprises Index lost 9.9%. The MSCI Asian Pacific Index—set for...

Chinese Markets Surge to Record High

Heather McPherson — Fri, 03 Aug 2007 12:15:52 CDT

China’s securities markets recovered from Wednesday’s Pan-Asian slump and then some, surging to their third new record this week in today's trading. The Shanghai Composite Index climbed 3.5% and the Shenzhen gained 2.3% after the codependent Nikkei and Hang Seng tumbled Wednesday on concerns about the stability of...

China's Stock Market Drops 8%

Dustin Lushing — Mon, 04 Jun 2007 13:20:45 CDT

China's stock market plummeted more than 8% today in one of the biggest drop-offs of the decade. A trading tax increase intended to cool a boom that drove stocks up over 50% last week has set off widespread worry. But unlike the February 28 skid that depressed worldwide markets, today's...