Equity Markets – Page 2

Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row

27Dec

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Money

Nasdaq Set to Beat NYSE in IPO Race for Fifth Year in a Row

Nasdaq is on track to beat the New York Stock Exchange in the battle for initial public offerings in 2023, the fifth consecutive year in which the once-dominant NYSE has fallen behind its rival.IPOs at Nasdaq have raised $13.6 billion compared with $10.4 billion for new listings at the NYSE, according to data provider Dealogic. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Stocks Rise to Start Last Trading Week of Year

26Dec

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Stocks Rise to Start Last Trading Week of Year

Major indexes advanced to start the holiday-shortened trading week, with stocks looking to close out a positive year after a bruising 2022.The benchmark S&P 500 gained 0.4% Tuesday, leaving it within 0.5% of a record close. The tech-heavy Nasdaq Composite added 0.5%, and the blue-chip Dow Jones Industrial Average rose 0.4%, or about 159 points. The small-cap Russell 2000, which has outperformed the leading indexes in December, climbed 1.2%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

26Dec

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Money

How to Ride the Biotech Roller Coaster

With stocks starting to price in interest-rate cuts next year, the biotech sector has emerged as a winner for investors seeking riskier bets with more distant payoffs.But investing in this industry is tricky because biotech is a sector of haves and have-nots. While every industry has its winners and losers, the gap in biotech is bigger due to the binary nature of drug development. Many companies spend years testing one medical approach or platform. In the end, either the idea works or it doesn’t, and that could be the difference between tripling your investment or losing it all. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

China Looks Cheap—but It Has Burned Investors Before

26Dec

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Money

China Looks Cheap—but It Has Burned Investors Before

Updated Dec. 26, 2023 12:04 am ETThe smartest strategy for investors in Chinese assets this year: Do something else.Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country’s currency. In many cases, even throwing away 5% or 10% of your cash would have been less costly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

26Dec

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World

China Looks Cheap—but It Has Burned Investors Before

Dec. 25, 2023 11:00 pm ETThe smartest strategy for investors in Chinese assets this year: Do something else.Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country’s currency. In many cases, even throwing away 5% or 10% of your cash would have been less costly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

A Yearlong Way to Boost Stock-Market Returns

25Dec

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Money

A Yearlong Way to Boost Stock-Market Returns

Holiday lights, ugly sweaters and culling your losers. December is the month American investors are bombarded with reminders to dig through their portfolios for the stocks or funds they wish they hadn’t bought. Their consolation prize is the ability to reap tax savings and boost long-run returns. But making tax-loss harvesting a seasonal exercise means lots of money is left on the table.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

British Billionaire Strikes Deal to Acquire Minority Stake in Manchester United

24Dec

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Money

British Billionaire Strikes Deal to Acquire Minority Stake in Manchester United

Updated Dec. 24, 2023 11:47 am ETBritish billionaire Jim Ratcliffe agreed to buy a minority stake in Manchester United in a deal that values the renowned soccer club at around $6.3 billion including debt and ends more than a yearlong sales process.Manchester United said Ratcliffe will buy 25% of Manchester United’s nonvoting shares, which are listed on the New York Stock Exchange and last traded at close to $20. He will pay $33 a share, the club said Sunday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

24Dec

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World

British Billionaire Strikes Deal to Acquire Minority Stake in Manchester United

Updated Dec. 24, 2023 10:58 am ETBritish billionaire Jim Ratcliffe has struck an agreement to buy a minority stake in Manchester United in a deal that values the renowned soccer club at around $6.3 billion including debt and ends more than a yearlong sales process.The deal is expected to be announced later Sunday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

S&P 500 Notches Longest Run of Weekly Gains Since 2017

23Dec

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World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

22Dec

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Money

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8