European stocks pushed further into correction territory on Friday, and were poised for the worst week since the depths of the global financial crisis as global equities continued to sink on coronavirus fears. The Stoxx Europe 600 index SXXP, -4.14% fell 3.8% to 374.56. The index fell 3.75% on Thursday and meet one definition of a correction as it dropped 10.2% from its record close of 433.90 reached February 19, 2020.
#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks set to fall further into correction territory as coronavirus grips marketsEuropean stocks are set to extend a historic week of losses on Friday as the coronavirus outbreak continues to pummel global markets into correction territory. territory** Just a global debt correction. A debtvirus. Sad sad
Source: CNBC - 🏆 12. / 72 Read more »
Here's how long stock market corrections last and how bad they can getHere's what you need to know about how long and how severe the typical correction tends to be, according to CNBC and Goldman Sachs analysis. I don’t think this virus is going to be cured by low interest rates ..I also think the mkt is scared that corona will be trumps Katrina which is here in sanders as president The real question now is if coronavirus causes a US recession. It will almost assuredly cause Chinese recession, but will it cause global and US recession? If so, voters probably won't care about the cause come November. Doesn't matter, Trump will claim a success whatever happens!
Source: CNBC - 🏆 12. / 72 Read more »
Stocks enter correction, Dow plunges by 780 points, as coronavirus fears multiplyA correction indicates a drop of 10 percent from the 52-week high, making this the worst week for Wall Street since the financial crisis.
Source: YahooNews - 🏆 380. / 59 Read more »