Stocks battered, oil slides as growth concerns resurface

SINGAPORE -Asian shares and global stock futures tumbled on Wednesday, led by a heavy decline in technology names and as worries about the global growth outlook drove investors out of risky assets, while oil prices hit multi-month lows.

Wall Street closed sharply lower overnight after the U.S. returned from a holiday at the start of the week, with AI darling Nvidia was plenty of blame to go around. Nvidia. Tech. Soft spots in U.S. data. China gloom," said Vishnu Varathan, head of macro research for Asia ex-Japan at Mizuho Bank. Given the Federal Reserve's labour market focus, Friday's release could decide whether a rate cut expected this month will be regular or super-sized.

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.

Four bull stocks and two bear stocks according to Bank of America strategistsFour bull stocks and two bear stocks according to Bank of America strategists
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: S&P 500 snaps 8-day win streak as energy stocks slideStock Market Today: S&P 500 snaps 8-day win streak as energy stocks slide
La source: Investingcom - 🏆 450. / 53 Lire la suite »

CNBC Daily Open: Stocks slide ahead of Powell's speechWall Street drops ahead of Powell speech. Peloton soars 40%. Fed's Harker says 'we need to start moving rates down'.
La source: CNBC - 🏆 12. / 72 Lire la suite »

CNBC Daily Open: Stocks slide ahead of Powell's speechWall Street drops ahead of Powell speech. Peloton soars 40%. Fed’s Harker says ‘we need to start moving rates down’.
La source: NBCLA - 🏆 319. / 59 Lire la suite »

CNBC Daily Open: Stocks slide ahead of Powell's speechWall Street drops ahead of Powell speech. Peloton soars 40%. Fed’s Harker says ‘we need to start moving rates down’.
La source: nbcsandiego - 🏆 524. / 51 Lire la suite »