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The US stock market suffered huge losses on trade war fears
US stocks fell on Wednesday after President Donald Trump said he will impose tariffs on $300 billion of Chinese imports. The Dow Jones index fell over 800 points, or 2.84%, to end the day at 26,502. Meanwhile, the broader S&P 500 index fell over 70 points, or 2.37%, to finish at 2,863. The Nasdaq fell…
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The Belt and Road have prompted Chinese research collaborations to shift
China is at the top of the ‘Nature Index’ for the second consecutive year. The data was based on a group of countries that included the US, India and Japan. China’s share of the number of Nature Index papers has increased by 194% in the past three years, making it one of the world’s top…
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Stronger links between science and finance are needed
Silicon Valley Bank’s failure was influenced by frenetic social media activity, according to a study published in the Social Science Research Network. The bank’s collapse was also influenced by stricter rules implemented in the aftermath of the 2008 financial crisis, the study said. The data used to create an index reflected the risks of the…
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The long stock market rally came to an end.
The US S&P 500 lost nearly 10% of its value in 2018, its biggest single-year loss since 2013, due to inflation, according to data from Bloomberg. The index rose more than 5% in the last four years, but lost over 30% of its value this year, the report stated. The index has lost nearly 40%…
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The stock market news is provided by the S&P 500.
The US stock market ended the third quarter on a negative note on Friday. The benchmark S&P 500 index fell 0.07% to close at 2,736, while the Dow Jones Industrial Average lost 0.15% to end the month at 25,835. The Nasdaq Composite index fell 0.36% to close at 7,610. Meanwhile, the London FTSE 100 index…