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Asian stocks sink for 2nd day after Wall Street slideBEIJING (AP) — Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo's Nikkei 225 index fell 1.9 percent and the Shanghai Composite Index lost 0.9 percent. The Chinese market is 2018's worst performer, down nearly 25 percent for the year. Stocks usually end the year with a flourish. But investors worry global economic growth is cooling and the U.S. could slip into a recession in the next few years. Interest rate hikes will do that. Government shutdown along with interest rates could sink dow to a new low even lower than yesturday.
Source: AP - 🏆 728. / 51 Read more »
Asian stocks poised for gains after Wall Street skyrocketsIn market action overnight stateside, stocks saw major gains as the Dow Jones Industrial Average soared 1,086.25 points — its largest single-day point gain in history. Thanks a lot Obamas for raising the stock market. Dead cat bounce or V bottom?
Source: CNBC - 🏆 12. / 72 Read more »
Japan falls, other Asian stocks gain after Wall Street rallyUS stocks were staging a furious late-afternoon rally on Thursday, closing with gains after erasing a near 600-point drop in the Dow Jones Industrial Average.
Source: trtworld - 🏆 101. / 63 Read more »