US stock futures tumbled Monday as the global stock selloff deepened, driven by concerns that the Federal Reserve is moving too late to support a slowing economy.indexes both plunged over 12%. Taiwan’s benchmark had its worst day on record, while a broader gauge of Asian shares experienced its steepest decline in over four years. The yen surged more than 2.7% against the dollar.
"Indeed, a case could be made for an inter-meeting easing, especially if the data soften further—although Fed officials might worry about how such a move could be interpreted.": “The real question for equity investors is whether companies can deliver on what is now priced—i.e., accelerating growth in earnings with multiple years of expansion ahead.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: trtworld - 🏆 101. / 63 Read more »