Tuesday, 28 Jan 2020 07:20 AM MYT
Crude prices dropped below US$60 a barrel for the first time in nearly three months, while gold prices surged 1 per cent to nearly a three-week high before paring gains. MSCI's gauge of stocks across the globe shed 1.62 per cent to a three-week low, while its emerging market index lost 1.59 per cent. The Nasdaq had its biggest one-day decline since August 23 while for the Dow it was the biggest since October 2, closing lower for a fifth straight day in its longest losing streak since a five-day decline ending last August. The S&P 500 also posted its biggest daily drop since October 2.
“The market was due for a fall and coronavirus is a perfect case of an unknown unknown. An increase in uncertainty causes the market to fall but the real question here does it affect the global economy?” he said.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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