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500.com (WBAI) Stock Plunging Amid Chinese Market Woes
NEW YORK (TheStreet) -- Shares of 500.com Ltd. are down by 20.09% to $17.14 on heavy volume in mid-afternoon trading on Tuesday, as Chinese stocks are pressured by the ongoing struggles of the country's stock markets. 500.com provides online sports lottery services in China. So far today, 5.91 million shares of 500.com have exchanged hands as compared to its average daily volume of 1.77 million ... Read News
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The Dow Jones Industrial Average is a price-weighted average of 30 blue-chip stocks that are generally the leaders in their industry. It has been a widely followed indicator of the stock market since October 1, It has been in use ever since, originally in reference to high-priced stocks, ... Read Article
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China Halts The Free-Fall In Stocks, But For How Long?
TAIPEI, Taiwan (TheStreet) -- China's more aggressive steps to halt the sharp drop in stock prices triggered a rally on Monday, but it's unclear just how effective the measures will be over the long-term.After taking a largely hands-off approach, China's stock market regulator moved over the weekend to reassure investors rattled by the market's 27% drop over the past month. Among the steps ... Read News
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