A man walks in front of the Tokyo Stock Exchange rate displayed in a window in Tokyo.
Japan's Nikkei tumbled 3.2 percent to the lowest in two weeks, South Korea's Kospi index declined 1.6 percent while Australian shares faltered 1.3 percent.On Friday, all three major US stock indexes clocked their biggest one-day percentage losses since January 3. The Dow slid 1.8 percent, the S&P 500 was off 1.9 percent and the Nasdaq dropped 2.5 percent.
Historically, an inverted yield curve -- where long-term rates fall below short-term -- has signalled an upcoming recession.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business DayBusiness Day, Johannesburg. 104.741 beğenme · 6.646 kişi bunun hakkında konuşuyor. BDlive is the digital identity of Business Day, South Africa's premier daily business newspaper.
Source: BDliveSA - 🏆 12. / 63 Read more »
Load shedding: Motorists likely to suffer as diesel stocks exhaustedIn a startling admission, the embattled power utility says it used up more than R5 billion on diesel in less than a year in a last-ditch effort to keep the lights on. We hope everyone's prepared.
Source: ewnupdates - 🏆 30. / 53 Read more »
JSE could follow Asian stocks lower on WednesdayGlobal markets have shifted their attention to a rate decision by the Federal Reserve and tense US-China trade talks
Source: BDliveSA - 🏆 12. / 63 Read more »
Pound rises on Brexit delay; economic gloom hits European stocks - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Sterling rose further Friday after Brussels gave Britain a Brexit deadline extension, but stocks dived as fresh economic gloom gripped trading floors.
Source: SABC News Online - 🏆 32. / 51 Read more »
MARKET WRAP: JSE flat as gloomy global data dents sentimentEuropean markets see sharp losses after disappointing eurozone data, but some local stocks push higher anyway Fueled by Eskom.
Source: BDliveSA - 🏆 12. / 63 Read more »
Global stocks rise to five-month highs as dollar dipsInvestors are firmly focused on the Fed meeting on Wednesday for further cues on US interest rates
Source: BDliveSA - 🏆 12. / 63 Read more »
Business: Forget FAANG and BAT, There’s a Tech Complex That’s Up 220%A group of Australian tech stocks called WAAAX shares have outperformed their China and U.S. peers as investors sought exposure to the global rally that has sent U.S. tech equities soaring since 2017.
Source: dailymaverick - 🏆 3. / 84 Read more »