Macau review hits gaming stocks as Wall Street rises

macau review hits gaming stocks as wall street rises

Sumary of Macau review hits gaming stocks as Wall Street rises:

  • US-listed Chinese stocks extended recent losses on Wednesday, as weak retail sales data pointed to a possible economic slowdown in the mainland, while a regulatory overhaul of Macau’s casino industry further dampened appetite for Chinese stocks.
  • US-based casino operators Las Vegas Sands, Wynn Resorts and MGM Resorts International slid between 1.7 percent and 6.3 percent.
  • Overall, US stocks closed higher on Wednesday as rising crude prices boosted energy shares and a swath of positive US data suggested inflation has crested and the economic recovery remains robust, boosting investor sentiment.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close