Investing

Momentum stocks sell off for second day; Nasdaq down 2 percent

The Nasdaq tumbled more than 2 percent on Friday as momentum stocks like Netflix and TripAdvisor sold off for a second straight session.

Existing home sales down in February

U.S. home resales dropped slightly in February to a 19 month-low as cold weather and a shortage of homes for sale continued to sideline potential buyers.

China reveals Urbanization Report, plans to build residential real estate to accommodate 100 million people

China's State Council revealed an urbanization report Sunday, saying it plans on building new transportation and infrastructure to accommodate more than 100 million people, mostly farmers, who will be moving into major cities as part of the country's modernization plan, according to several news reports.