Dow drops 900 points, Nasdaq craters 3% in global market rout: Live updates

The market sell-off Monday was akin to a 'stampede' that investors may want to avoid, according to Macquarie. 'According to Britannica, a stampede is 'an occurrence in which a large group of frightened animals or people run together in a wild and uncontrolled way to escape from something,'' said Viktor Shvets, the firm's head of global and Asia Pacific strategy.

In this case, the 'something' was actually a number of events, including the perception that the Federal Reserve is behind the curve in cutting interest rates, concerns over a tech bubble and the potential unwind of the Yen carry trade , he wrote in a note on Monday. However, Shvets believes the U.S. can avoid a recession and that tech valuations are nowhere near bubble territory. Meanwhile, the U.S.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
Fuente: denverpost - 🏆 13. / 72 Leer más »

Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on US economy worriesSome of Wall Street’s recent declines may simply be air coming out of a stock market that romped to dozens of all-time highs this year.
Fuente: cleveland19news - 🏆 70. / 68 Leer más »

Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday in a sell-off that swept the Earth as fear about a slowing U.S. economy worsens.
Fuente: Mynorthwest - 🏆 438. / 53 Leer más »