This week, a positive gain was observed for shares of Chinese social networking site Momo Inc (MOMO). There was no news of any kind from Momo, but volumes of shares increased. Why did investors pay attention to it? Momo dropped by almost 60% in the past year due to the Chinese economy’s slowdown, putting pressure […]
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American stock markets ended trading largely in the green zone on January 13. The S&P 500 index improved to 3810 points by 0.23 percent, the NASDAQ gained 0.43 percent, the Dow Jones fell by a symbolic 0.03 percent. In general, cyclical sectors seemed lower than the economy. The automotive and raw materials markets sunk. The
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