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Business News > Mint Authors > Lu Wang

Lu Wang

ARTICLES BY LU WANG

Photo: Bloomberg

Adults back in charge of stock market as Fed awakens big money

6 min read . 05 Feb 2022

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a virtual news conference on Nov. 5, 2020

Stocks show Jerome Powell is still Wall Street’s head of state

4 min read . 07 Nov 2020

Female-managed funds are benefiting from a preference for technology stocks, an industry that has dominated gains (Photo: iStock)

Female fund managers beat men at stock picks: Goldman

1 min read . 30 Aug 2020

While predictions abound that stocks are in the midst of a climatic surge sometimes known as a melt-up, demand statistics paint a less extreme picture. Photo: Bloomberg

Another view of what's driving melt-up: Hedge funds and buybacks

1 min read . 10 Jan 2018

Apple shares have rallied 40% this year in part because of optimism that new products such as the ones introduced Tuesday will boost sales. Photo: Bloomberg

Apple shares fall after Tim Cook unveils new iPhone X, other products

1 min read . 13 Sep 2017

During the two weeks through 21 August, US stocks suffered two big bouts of selling as President Donald Trump warned North Korea against nuclear aggression and disbanded two advisory councils. Photo: AP

US stocks, not bonds, are market to watch amid funding drama

2 min read . 27 Aug 2017

The pace of the drop has been so fast it’s unraveled about half of the rally since a low in 2011. Photo: Bloomberg

Is it over yet? Two weeks in, 2016 feels like year of the bear

4 min read . 16 Jan 2016

Valuation tools are being dusted off around Wall Street as investors assess the staying power of the bull market that is now the second longest in 60 years. Photo: Getty Images

Nobel winner James Tobin’s math shows S&P 500 far from reality

5 min read . 19 May 2015

LinkedIn Corp. and Facebook Inc. posted gains at least four times larger than that for the Standard & Poor’s 500 Index. Photo: Peter Foley/Bloomberg

This time social media sending Nasdaq to brink of 2000 high

2 min read . 23 Apr 2015

Apple shares have surged, beating the S&P 500 index by the most for any largest US company since Microsoft’s 49% outperformance during the Internet boom a decade ago. Photo: Bloomberg

Shunning Apple tops long list of wrong US market calls in 2014

6 min read . 16 Dec 2014

The S&P 500 retreated 0.3% on Monday after a five- week rally, its longest winning streak this year. Photo: AFP

Apple rally fades, US stocks decline on rate concerns

4 min read . 10 Sep 2014

The US economy expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years. Photo: Bloomberg

S&P 500 drops below 2,000 on Ukraine conflict as retailers slump

2 min read . 28 Aug 2014

The dot-com bubble was marked by unprofitable Internet companies selling shares for the first time, such as Pets.com, which had a sock puppet mascot and raised $82.5 million in February 2000. Photo: Bloomberg

Surging US stocks echo dot-com rally with lower valuation

4 min read . 27 Aug 2014

Stocks turned lower as the EU curbed Russia’s access to bank financing and advanced technology in its widest-ranging sanctions yet over the Kremlin’s backing of the rebellion in eastern Ukraine. Photo: AFP

US stocks decline as Russian sanctions overshadow phone rally

4 min read . 30 Jul 2014

The MSCI Emerging Markets Index rose 0.2%, heading for the highest close since March 2013. Photo: AFP

US stocks fall, bonds fluctuate on Janet Yellen remarks; oil drops

5 min read . 15 Jul 2014

The MSCI Emerging Markets Index advanced 0.8%. Photo: Bloomberg

Treasuries fall on ADP report as stocks fluctuate; copper gains

6 min read . 02 Jul 2014

The MSCI world equity index, which tracks shares in 45 nations, rose 2.03 points or 0.47%, to 430.78. Photo: Bloomberg

US stocks rise as Dow nears 17,000, bonds slip on factory data

6 min read . 02 Jul 2014

The MSCI Emerging Markets Index added 0.7%, extending this week’s gain to 0.9%. Photo: Bloomberg

US stocks, dollar rise after jobs report; treasuries advance

4 min read . 06 Jun 2014

The concern was echoed by Bank of America’s survey of 218 global money managers, who cut US equities in the past month and boosted cash holdings to the highest level since June 2012. Photo: Bloomberg

Wall of worry rebuilt as Nasdaq rout boosts cash holdings

5 min read . 20 May 2014

The MSCI Emerging Markets Index lost 0.4%, declining for the first time in three days. Photo: AFP

Treasuries drop as US stocks gain; wheat reaches one-year high

3 min read . 06 May 2014