U.S. stock market takes a turn for the worst: how we ended up here

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 29 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Technology أخبار

Business,U.S. News

Markets on Wall Street and around the world are in a mini-panic.

Find Insider Deals for items perfect around the house and on the goTrader Vincent Napolitano works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024. . Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world’s biggest technology companies. They’ve

Investors thought the Fed and other central banks were on track, even though inflation remained somewhat above their targets — in the Fed’s case, 2%. The European Central Bank and the Bank of England cut rates once and the Fed signaled it was prepared to start cutting rates in September.Despite some signs of cooling, the U.S. economy kept chugging along even with higher rates, outpacing Europe and Asia. Then came last week’s economic reports.

Experts and analysts encourage taking a long view, especially for investors concerned about retirement savings,.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 80. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Japan stocks plunge 5% with Asia markets broadly lower after Wall Street sell-offThe gloomy sentiment in Asia markets after a sell-off on Wall Street in Thursday's trading session, which saw all three major U.S. indexes plunge on recession fears.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Japan's stocks plunge 5% with Asia markets broadly lower after Wall Street sell-offThe gloomy sentiment in Asia markets after a sell-off on Wall Street in Thursday's trading session, which saw all three major U.S. indexes plunge on recession fears.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »