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Stocks fall as tech tumbles, dollar gains

Bloomberg US stocks fell, pushed lower by megacap tech shares as they extended losses following a sharp selloff Tuesday afternoon. The dollar rose while Treasuries rallied as data showed American economic growth beat estimates. Volatility spiked as the Nasdaq 100 Index retreated, with Netflix Inc. and Amazon.com Inc. among the biggest losers. The gauge is heading for its fifth straight ...

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Saudi stocks pull back before FTSE decision

Reuters Saudi Arabia’s stock market pulled back because of profit-taking on Wednesday ahead of a decision by index compiler FTSE Russell on whether to upgrade Riyadh to emerging market status, while most other regional bourses were also weak. The Saudi index has surged in recent weeks on expectations of a positive decision by FTSE on Wednesday. If MSCI also decides ...

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Mohammed attends Post-Position Draw of Dubai World Cup

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, attended the Post-Position Draw for the Dubai World Cup 2018, which will take place on March 31, at Meydan Race Course in Dubai. His Highness welcomed the Dubai World Cup’s guests to the UAE, adding that the Cup ...

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