Uber’s High-Profile IPO Upsets With Weak Debut
Uber skidded into the public markets, falling 7.6% below the ride-hailing giant’s already conservative offering price in a bleak debut for the nation’s most valuable startup.
This Week’s Trade Standoff Wipes $2 Trillion Off Global Stocks
Stocks Rebound After Trump, Mnuchin Call Trade Talks Constructive
The S&P 500 closed higher, reversing an earlier slide, as President Trump said the U.S. and China ”have held candid and constructive conversations” on trade.
New iShares ESG Fund Off to Roaring Start
A brand new exchange-traded fund that tries to invest in the best corporate citizens in the U.S. began trading at Thursday’s opening bell, but is already on track to be one of the most successful fund launches in history.
The fund, BlackRock Inc.’s iShares ESG MSCI USA Leaders ETF, raised $851 million in its debut. It is especially noteworthy because the ETF fits into a small but increasingly crowded corner of the market devoted to responsible investing.
(인용: WSJ)