10 biggest stock market crashes: Covid-19 to Dutch Tulip mania - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

From the Covid-19 panic to the Dutch Tulip mania in 1673, here are 10 of the worst stock market crashes in history

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Generally driven by investor panic and loss of confidence in the markets, often after a period of excitement and speculation, market panics are features of the financial and economic system around the world. As the May futures contract for oil expired, many traders were faced with taking delivery of physical oil, so were forced into panic selling, which in turn pushed the commodity below zero.

Possible triggers of the market crash include a surprise devaluation in the Chinese yuan and a weakened outlook for China's growth, which then put pressure on emerging economies that relied on China for growth. By the end of 2001, dozens of companies had gone bust, and the share prices of tech giants like Cisco and Intel plunged.It took the tech-heavy Nasdaq fifteen years up to April 23, 2015 to regain its dot-com peak. With its origins in Thailand, a severe financial crisis struck many Asian countries in late 1997.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

March 2020 was not a 'crash'. Just stop.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No junk food. They save lives.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside clash between Minneapolis police and union: Arradondo and Kroll - Business Insider[THREAD] 👇 Chief Medaria Arradondo — Minneapolis' first black police chief — once sued the city and the department, alleging racial discrimination. He’s attempted to institute meaningful reform, but has been met with resistance from the police union. Criminal justice experts say police unions impede meaningful reform in city police departments by protecting aggressive cops. In addition to advocating for higher wages, unions sought to protect job security by limiting disciplinary transparency. Here you go...here’s a really good way to reform police departments...target the unions...they’ve been hindering reform for years and protect bad cops when they shouldn’t be protected DemocRAT run Minneapolis right ? ...
Source: BusinessInsider - 🏆 729. / 51 Read more »

A 2nd wave of COVID-19 infections is the biggest threat to US economy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Like this? Stop panicking the people. we know how to deal with it now. at the first peak we didnt need ventilators. wear masks, stay away from trouble and you will be just fine. this non-stop panicking is only making things worse.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How business owners are managing their stress during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tyson ends COVID-19 policy, as more workers get sick - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »