Stocks tumble on recession fears, tech giants' performance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Financial Markets News

Canada Canada Latest News,Canada Canada Headlines

Nearly everything on Wall Street is tumbling as fear of a slowing U.S. economy grows and sets off another sell-off for financial markets around the world. Investors are worried after Friday's jobs report showed U.S. employers pulled back on hiring in July. (AP video: Joseph B.

Nearly everything on Wall Street is tumbling as fear of a slowing U.S. economy grows and sets off another sell-off for financial markets around the world. Investors are worried after Friday's jobs report showed U.S. employers pulled back on hiring in July. Former President Trump on Sunday night appeared to gloat in response to the global market sell-off and suggested his Democratic rivals were to blame. “STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE.

As the Canadian market navigates a period of economic recalibration, characterized by easing inflation and cautious central bank policies, investors are increasingly looking toward dividend stocks for stability and income. In this environment, selecting strong dividend-paying stocks can be a prudent strategy to balance growth potential with reliable returns. -- Gold plunged on Monday as traders assessed the implications of a major global stock rout.

A quiet economic data week greets a slumping stock market as investors are increasingly concerned about the impact of high interest rates on the US economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 47. in CA

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.

Wall Street 'fear gauge' jumps to three-month high as stocks resume slideWall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks Advance After Wall Street’s Rebound: Markets Wrap(Bloomberg) -- Stocks in Asia followed a rebound on Wall Street as investors looked beyond Joe Biden ending his reelection campaign to focus on the start of ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »