Hot Chinese ADRs Slumped in Morning Trading
Hot Chinese ADRs slumped in morning trading, JD.com, Alibaba, Li Auto, NIO, Pinduoduo, RLX Technolog
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- SeenWall Street ends near flat on cautious note ahead of Fed
Wall Street ends near flat on cautious note ahead of Fed
NEW YORK, Sept 21 - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var - WowJobless claims: Initial filings dipped to a new pandemic era low last week
Jobless claims: Initial filings dipped to a new pandemic era low last week
Initial unemployment claims dropped more than expected to a fresh pandemic-era low, with new filings - Oil prices are going againU.S. consumer prices rose 4.2% in April from a year ago, faster than expected
U.S. consumer prices rose 4.2% in April from a year ago, faster than expected
(May 12) Inflation accelerated at its fastest pace in more than 12 years for April as the U.S. econo - Time to buy or wait?NIO is up 0.26%, it was down over 4% earlier
NIO is up 0.26%, it was down over 4% earlier
NIO is up 0.26%, it was down over 4% earlier.Related: Don’t Look Now, but Nio Stock Is Becoming an Investment Not a Trade. Tesla dipped about 1%. Of note today, Tesla has halted plans to buy land to expand its Shanghai plant and now intends to limit the proportion of total output that comes from China, sources told Reuters. By the books, Tesla only sold 25,845 vehicles made in China during April, down from 35,478 units in March. China's Passenger Car Association reported total passenger car sal
