US stocks post worst day of the year after China devalues its currency

대한민국 뉴스 뉴스

US stocks post worst day of the year after China devalues its currency
대한민국 최근 뉴스,대한민국 헤드 라인

The Chinese government devalues the yuan to fall below its 7-to-1 ratio with the US dollar for the first time in a decade

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

. Apple, Intel, Microsoft, Nvidia and Advanced Micro Devices were among the biggest losers on Monday.Fear & Greed IndexAlthough Monday was a terrible day for the market, investors should put the losses into perspective. The Dow is still up more than 10% this year, while the S&P is up 13.5%. The Nasdaq has posted a gain of more than 16% in 2019 even after Monday's selloff.

US government bonds rose and yields fell as traders looked for safe investments. Bond prices and yields move opposite to one another.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

CNN Philippines /  🏆 13. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인



Render Time: 2025-01-13 15:55:16