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Shanghai Composite widens losses to 3% as US futures tank

Mainland equities lost as much as 3 percent on Monday while Dow futures (: DJU2) tanked 200 points on reports that Beijing may finally halt its controversial market intervention. A report by The Financial Times over the weekend said that Beijing will abandon large-scale share purchases , sparking concerns over more declines for A-shares. Beijing may now switch its focus from intervention to ...
Source: CNBC.com | By: Nyshka Chandran
China worries push Asia stocks, US futures lower

Asia equities kicked off the first trading day of the week lower amid fears of more volatility in China and fresh commentary from Federal Reserve officials. A report by The Financial Times over the weekend that Beijing may halt large-scale share purchases saw Dow futures (: DJU2) tank 200 points during the Asian session, sparking concerns over more declines for Chinese A-shares. Beijing may ...
Source: CNBC.com | By: Nyshka Chandran
World to Fed: Just raise interest rates already

Central bankers from around the world are telling their American counterparts that they are ready for a U.S. interest rate hike and would prefer that the Federal Reserve make the move without further ado. In private and in public at last week's global central banking conference in Jackson Hole, the message from visiting policymakers was that the Fed has telegraphed an initial monetary ...
Source: Reuters
World to Fed: We're prepared for U.S. rate hike, so don't delay

JACKSON HOLE, Wyo., Aug 30 (Reuters) - Central bankers from around the world are telling their American counterparts that they are ready for a U.S. interest rate hike and would prefer that the Federal Reserve make the move without further ado. In private and in public at last week's global central banking conference in Jackson Hole, the message from visiting policymakers was that the Fed has ...
Source: Reuters | By: Howard Schneider and Jonathan Spicer
China passes new pollution law, sets sights on coal consumption cap

BEIJING, Aug 29 (Reuters) - Legislators have approved amendments to China's 15-year-old air pollution law that grant the state new powers to punish offenders and create a legal framework to cap coal consumption, the Asian giant's biggest source of smog. The draft amendments were passed by 154 votes to 4, with five abstentions, Zhong Xuequan, spokesman for the National People's Congress (NPC), ...
Source: Reuters
Big profits in small caps  

Media Link Transcript On options action Halloween eight profits at risk lest we can make more and that's just what Colin Carter did with their big bet against small caps. Harder pop small cap and India lot. And as we are just to get back to trend. Well that's gonna give us something in the order of a minimum of another sort of 56%. And stuff. So lawyers. My thought. A small ideas that could ...
Source: CNBC.com
Small business makes electrical engineering easy

Buzzing and humming filled the air at the Adafruit Industries factory in downtown Manhattan, where workers assembled kits for do-it-yourself electronics. The kits, used by kids and adults alike, teach basic concepts of electrical engineering, with a reward at the end of each lesson: an original and functional item made by hand. Read More Apparel firm uses high-tech knitting But putting ...
Source: CNBC.com | By: Althea Chang
Top 5 stocks of the week and how to trade them

CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue for these companies. (The price change was calculated as of midday Friday so it is subject to change. If one stock led multiple indexes, we profiled the second best, too.) Best in the Dow: Intel (NASDAQ: INTC), up 7 percent for the week Source: FactSet Intel rebounded from a 52-week low as ...
Source: CNBC.com | By: Tae Kim
5 stock standouts  

Media Link Transcript All right so last hour we told you about a lot of these socks that have made big gains since they closing lows that we saw on Tuesday. Last hour we told you about those who are still negative year dates and maybe he's just bounces and a longer term downtrend. These ones here however are now positive year to date so not only a big bounce a lot over the course of the past ...
Source: CNBC.com
Stocks near session lows  

Media Link Transcript We're sort of flat lining in the old days. Slightly to the downside acute in the ultimately we see no reason let's take a look at the S&P 500 this is very narrow trading made essentially thirteen weeks behind due well we're not. Most widely held pains are all slightly big downside prices and a little bit underperformance so apple and Microsoft. JPMorgan and Wells Fargo ...
Source: CNBC.com