Dow drops 900 points, Nasdaq craters 3% in global market rout: Live updates

The market sell-off Monday was akin to a 'stampede' that investors may want to avoid, according to Macquarie. 'According to Britannica, a stampede is 'an occurrence in which a large group of frightened animals or people run together in a wild and uncontrolled way to escape from something,'' said Viktor Shvets, the firm's head of global and Asia Pacific strategy.

In this case, the 'something' was actually a number of events, including the perception that the Federal Reserve is behind the curve in cutting interest rates, concerns over a tech bubble and the potential unwind of the Yen carry trade , he wrote in a note on Monday. However, Shvets believes the U.S. can avoid a recession and that tech valuations are nowhere near bubble territory. Meanwhile, the U.S.

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Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
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Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on US economy worriesSome of Wall Street’s recent declines may simply be air coming out of a stock market that romped to dozens of all-time highs this year.
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Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worriesNearly everything on Wall Street is tumbling Monday in a sell-off that swept the Earth as fear about a slowing U.S. economy worsens.
مصدر: Mynorthwest - 🏆 438. / 53 اقرأ أكثر »