Global stocks hit two-year lows as fears of worldwide recessions grow

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 77%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Global stocks hit two-year lows as fears of worldwide recessions grow via IrishTimesBiz

Dublin Theatre Festival 2022: In Edna O’Brien’s new play, the epiphany James Joyce sought never comes

Dalata — the biggest hotel operator in the State — was down 3 per cent, while Ryanair was down 4 per cent on a bad day for the hospitality and travel sector. London’s top index fell below the 7,000-point mark for the first time since mid-June. At its trough, the index was trading down 2.5 per cent at its lowest since March when the market had plummeted after a nuclear power plant caught fire in Ukraine.

The index sank 2.3 per cent on the day, to its lowest level since December 2020. Total declines from a January record high are now 21 per cent, confirming a technical bear market.Energy and miners led the sell-off in Europe as commodities slumped on reduced demand concerns as global rate hikes weigh on economic growth. More defensive sectors like food and healthcare outperformed, while cyclicals slumped.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Linked Finance hits €200m milestoneCompany has doubled annual lending in two years, despite pandemic
La source: IrishTimes - 🏆 3. / 98 Lire la suite »