Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats

Currency traders watch monitors near a screen showing U.S. President Joe Biden at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 25, 2024. – Global shares retreated on Thursday, with Tokyo's benchmark losing more than 1,300 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street.

The yen has been gaining against the dollar largely because of speculation the Bank of Japan will raise its near-zero benchmark interest rate soon. The central bank's next policy meeting ends on July 31. Among the region’s technology shares, Samsung Electronics fell nearly 2%, while Nintendo lost 2.4%. Tokyo Electron tumbled nearly 5%.Wednesday on Wall Street, the S&P 500 tumbled 2.3% for its fifth drop in the last six days, closing at 5,427.13. The Dow Jones Industrial Average dropped 1.2% to 39,853.87, and the Nasdaq composite skidded 3.6% to 17,342.41.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stock market today: Global shares are mostly lower after gains on Wall StreetGlobal stocks are mostly lower after benchmarks ended higher on Wall Street.
Bron: wjxt4 - 🏆 246. / 63 Lees verder »

Stock market today: Global shares are mostly lower after gains on Wall StreetGlobal stocks are mostly lower after benchmarks ended higher on Wall Street.
Bron: ksatnews - 🏆 442. / 53 Lees verder »

Stock Trader Answers Stock Market Questions From TwitterFormer Wall Street stock trader Lance Breitstein answers your most asked stock market questions from Twitter.
Bron: WIRED - 🏆 555. / 51 Lees verder »

Stock market today: Wall Street drifts, yields jump and Paris stocks soar as elections drive marketsU.S. stocks drifted to a mixed close, and yields jumped as elections drive swings in financial markets worldwide
Bron: latimes - 🏆 11. / 82 Lees verder »

Stock market today: Wall Street hits more records as Tesla zoomsA big gain for Tesla helped drive Wall Street to more records.
Bron: latimes - 🏆 11. / 82 Lees verder »

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsAsian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records. Benchmarks rose Wednesday in Tokyo, Seoul, Sydney and Hong Kong, but fell in Shanghai. Asian investors were cheered by hopes for an interest rate cut in the U.S.
Bron: AP - 🏆 728. / 51 Lees verder »