U.S. stocks declined Friday, with a late-day selloff sending the Dow average to its biggest weekly slide in more than a year.
Indian stocks fell 4% and the rupee hit a fresh low amid increasing doubts about the economy's ability to weather a global era of tighter monetary policies.
Chinese shares swung wildly Friday after a trading glitch at a local brokerage sent shares of the benchmark index surging 5.6% in the space of just a few minutes before stocks ended lower on the day.
Among the companies with shares expected to actively trade in Friday's session are Jos. A. Bank Clothiers Inc., Aspen Technology Inc. and Nordstrom Inc.
Chinese shares swung wildly Friday, surging as high as 5.6% and then erasing almost all of those gains, after an internal trading glitch at a local brokerage added to market turmoil. The Shanghai Composite ended off 0.7%.
A recent simulated attack on exchanges marked the biggest effort yet by the U.S. securities industry to ward off a coordinated assault on the computer systems that underlie the financial markets.
Warren Buffett's Berkshire Hathaway bought additional shares of General Motors and Wells Fargo during the second quarter and cut most of its stakes in Kraft Foods and Mondelez International. Berkshire also disclosed a new position in Dish Network worth $23 million.
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Activist investor Nelson Peltz has acquired an about $1.3 billion stake in DuPont and has held discussions with the agricultural products and chemical maker's chief executive.
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Textbook-rental service Chegg has filed plans to raise $150 million in an initial public offering, while separately disclosing a co-founder of the company will step down from its board.
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Nine people were charged in what prosecutors called a long-running scheme to artificially inflate the value of nearly a dozen "penny stocks" that cost investors about $140 million.
Alibaba Group is in talks with the Hong Kong Stock Exchange over an ownership structure that would allow the company to list its shares while enabling Jack Ma and his management team to maintain control.
The Chinese currency is poised to record a fourth consecutive weekly gain amid expectations that the economy has stabilized.
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The U.S. dollar regained its footing as traders continue to weigh the implications of any move by the Federal Reserve to slow the flow of monetary stimulus.
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Brazil's real slid to its weakest level against the dollar since February 2009, wrapping up a week in which the currency has lost nearly 5% of its value, amid anemic growth prospects, slowing exports and high inflation.
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Egyptian bonds sold off and world oil prices hit four-month highs after violence escalated in Cairo.
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Companies from outside the euro zone are issuing bonds in euros at the fastest pace in four years, highlighting growing confidence in the common currency.