Shareholder activist David Webb, who highlighted vulnerabilities in some Hong Kong small-cap shares, said the rout showed regulators had failed investors.
Several Hong Kong-listed small cap stocks fell more than 90 percent on Tuesday. David Webb, editor of Webb-site.com, weighs in on what triggered the fall.
The CNBC iQ100 is up more than twenty percent for one year. It's an index tracking the one hundred big cap companies that get most of their revenue from their own intellectual property. Today's leaders include Bank of America, General Mills, Prudential Financial, Metlife and Teva. For more go to CNBC.com/iq100
U.S. equities closed lower as large-cap technology stocks fell more than 1 percent, while a Senate vote delay raised heighten policy uncertainty.
U.S. equities closed mixed on Monday as a rise in the financials sector helped offset losses from large-cap technology stocks.
The CNBC iQ100 up more than 20 percent in one year. It's an index tracking 100 big cap companies that get most of their revenue from their own intellectual property. Today's leaders include Micron, HP inc, Teva Pharmaceuticals Industries, Johnson Controls and Target. For more go to CNBC.com/iq100
Lew Piantedosi, portfolio manager at Eaton Vance Large-Cap Growth Fund, discusses which FANG stocks have the most growth. The “Fast Money Halftime Report” traders weigh in.
The CNBC iQ100 up more than twenty percent over one year. It's an index tracking one hundred big cap companies that get most of their revenue from their own intellectual property. Today's leaders include Western Digital, Oracle, Nabor Industries, Applied Materials and Teradyne. For more go to CNBC.com/iq100.
Before the break, health care big cap winners after the sectors jumps eight percent in a quarter our data partners at Kensho show that its happened three times in twelve years. When sold a month after the big jump Merck picks one point seventy-nine percent, Bristol Myers one point seventy-four percent, Pfizer one point forty-eight percent. For more Kensho go to CNBC.com/pro. The Halftime Report with Scott Wapner and the traders are back in two minutes.
One trader appears to be staking the better part of $2 million on a big move for the iShares China Large-Cap ETF (FXI).