World stocks tumbled Wednesday after Wall Street had its worst day since early August, with heavyweight Nvidia falling 9.5%, leading to a global decline in chip-related stocks.
France’s CAC 40 slipped 0.8% in early trading to 7,513.31, and Germany’s DAX lost 0.8% to 18,607.62. Britain’s FTSE 100 also dropped 0.8% to 8,230.49. The futures for the S&P 500 were down 0.4% and those for the Dow Jones Industrial Average shed 0.2%."Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust"that highlights survey data on topics on which Americans largely agree.
"think that the federal minimum wage of $7.25 an hour is not enough for the average American worker to have a decent quality of life." Grim new survey shows how California Gov. Gavin Newsom's $20-an-hour minimum wage for fast-food workers has helped tank the industry
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