Global Stocks Sink as Pandemic's Damage Starts to Show in Gloomy Data

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Stock benchmarks in Australia and Japan dropped significantly Friday; S&P 500 futures fell 1.5%

Stock benchmarks in Australia and Japan dropped significantly. Japan’s Nikkei 225 fell 2.6%. Australia’s S&P/ASX 200 was 3.

5% lower in early afternoon trading in Singapore, with gloomy manufacturing data helping put it on track for its worst day in five weeks. The Shanghai Composite Index was up 1.3%.

 

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A defiance of reality fueled by the Fed can only have lasted so long

Never understood why it was going up all last week and breaking records in the first place! Anyone else?

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