Global Stock Markets Tumble After Wall Street Battering
U.S. News & World Report–2 hours ago
An investor monitors stock prices at a brokerage house in Beijing, Tuesday, Feb. 6, 2018. Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years. (AP Photo/Mark Schiefelbein) The Associated Press.
Dow Drops More Than 1100 Points in Stock-Market Rout
Wall Street Journal–16 hours ago
The long-running global stock rally turned into a rout Monday as the Dow Jones Industrial Average posted its largest-ever, single-day point decline and major indexes in the U.S., Europe and Asia gave up their gains for the year. Traders described a growing sense of anxiety throughout the day and the Dow …
Dow Jones and S.&P. Slide Again, Dropping by More Than 4%
New York Times–9 hours ago
The rule book is now changing, a shift that is sending tremors through the financial markets. The Standard & Poor’s 500-stock index fell by more than 4 percent on Monday, deepening its losses from the previous week and erasing its gains for the year. The Dow Jones industrial average sank by 4.6 percent.
The Stock Market Didn’t Get Tested—You Did
Wall Street Journal (blog)–12 hours ago
Stop trying to make sense of the stock market. The one question every investor was asking on Monday has no answer: Why? Why did the Dow Jones Industrial Average close down nearly 1,200 points, or 4.6%?. Market commentators are already arguing that stocks were bound to fall because interest rates …
US Stocks Sink Most Since 2011 as Rout Deepens: Markets Wrap
Bloomberg–Feb. 5, 2018
U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied and gold rose on haven demand.
How Spiking Bond Yields Could Topple a Stock Market Rally
Bloomberg–Feb. 4, 2018
And though the tumble in the S&P 500 may be nothing but a breather, concern is mounting that the Treasury market’s travails are becoming an inescapable portent for stocks. Selling resumed Sunday night as index futures opened lower, a week after yields on 10-year Treasuries climbed to a four-year high …
Stocks Slump as Selloff Deepens; Treasuries Steady: Markets Wrap
Bloomberg–9 hours ago
What began with rising bond yields has become a selloff across global equity markets, as investors fret the return of inflation and higher rates that could erode profitability for companies already trading at elevated valuations. Traders will be watching how the moves unfold from here — a sustained stock …
10 states predicted to have strong housing markets in 2018
USA TODAY–18 hours ago
As we enter 2018, the housing market shows no signs of slowing, and is slated to remain among the world’s top performers, according to a forecast from Fitch …. He works with leaders and industry experts in the credit industry to create educational and timely articles that consumers can use to make more …
Bad Day Turns Terrible as Dow Suffers Worst Point Plunge Ever
Bloomberg–12 hours ago
Despite the magnitude of Monday’s decline — the Dow closed down 1,175 points, or 4.6 percent, paring about one-third of its biggest plunge — few traders saw panic in the market. Rather, the move appeared to reflect a growing sense that a strong economy might stoke inflation and push interest rates …
Stock Rout Shatters Years of Calm in Markets
Bloomberg–15 hours ago
The VIX more than doubled from Friday’s close, reaching 38.80 at its highest point before closing at 37.32. Those are staggering figures given the historically low volatility of recent years. Since 1990, the index’s average has been 19.3, but during the past three years of market calm, that number has been …
Be the first to comment on "Global Stock Markets Tumble After Wall Street Battering"