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Bloomberg Business: As Nasdaq Soars, China’s Alibaba-Led Dot-Com Boom Starts to Fade
©2015 Bloomberg News NLN6JS6JTSED (Bloomberg) — Just as the Nasdaq Composite Index surges to the cusp of the record high set during the dot-com-era, the excitement about China’s Internet boom is fading. Half of the 14 Chinese dot-coms that debuted in the U.S. last year are now trading below their
Gold Comes Back to Life as Prices Exceed 200-Day Moving Average
©2015 Bloomberg News NW8EEE6KLVRO (Bloomberg) — Gold is starting to shed its reputation as a dead asset, and bulls can thank signs that the U.S. economy is starting to sputter for the boost. The metal climbed above its 200-day moving average on Wednesday for the first time in about five
