Stocks Fall Sharply as Investors Readjust Economic Expectations

  • 📰 AllSidesNow
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks fell sharply on Friday amid global interest rate hikes and persistent inflation. See potential bias and similarities in coverage from CNBC, dcexaminer and CNNBusiness: DowJones Economy

strategists cut their 2022 expectations for the S&P 500 by 16% Thursday evening. The S&P 500 and the Nasdaq Composite each fell over 2% Friday morning. Europe’s Stoxx 600 index — which includes major European brands like AstraZeneca, Nestlé and Volkswagen — fell into

territory. Additionally, Australia’s S&P/ASX 200 index fell 1.87%, South Korea’s KOSPI fell 1.81%, and China’s Shanghai Composite fell 0.66%. particularly in business-focused outlets. Coverage generally agreed that investor anxiety over recent economic shifts was the cause, with varying degrees of blame placed on

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 572. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines