Dow drops 1K points, Japanese stocks suffer worst crash since 1987

  • 📰 KTVU
  • ⏱ Reading Time:
  • 23 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Money Nouvelles

Us Economy,News,Us

Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

The S&P 500 was down by 3.1% in morning trading and on track for its worst day in nearly two years. The Dow Jones Industrial Average was down 1,092 points, or 2.7%, as of 10:40 a.m. Eastern time, and the Nasdaq composite slid 3.6%.The drops were just the latest in a sell-off that swept the Earth. Japan’s Nikkei 225 helped start Monday by plunging 12.4% for its worst day since the Black Monday crash of 1987.It was the first chance for traders in Tokyo to react to Friday’s report showing U.S.

"Markets tend to move higher like they’re climbing stairs, and they go down like they’re falling out a window," according to JJ Kinahan, CEO of IG North America, who chalks much of the recent worries to euphoria around AI subsiding amid "a market that was ahead of itself."U.S. stocks briefly pared their losses a bit Monday after a report said growth for U.S. services businesses was a touch stronger than expected.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 465. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday in a sell-off that swept the Earth as fear about a slowing U.S. economy worsens.
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »

Dow drops 1,000 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
La source: ladailynews - 🏆 332. / 59 Lire la suite »

Dow drops 1,000 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
La source: denverpost - 🏆 13. / 72 Lire la suite »

Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on US economy worriesSome of Wall Street’s recent declines may simply be air coming out of a stock market that romped to dozens of all-time highs this year.
La source: cleveland19news - 🏆 70. / 68 Lire la suite »

Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
La source: denverpost - 🏆 13. / 72 Lire la suite »

Japanese stock market sees biggest drop since 1987's Black Monday amid US recession fearsJapanese stock market sees biggest rout since 1987 Black Monday amid global selloff
La source: nypost - 🏆 91. / 67 Lire la suite »