RED OCTOBER: Amazon, Google, and Snap are plunging and taking global stocks down with them

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The China trade war, the Fed raising interest rates, and a spike in bond yields are all driving premarket trading lower.

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 ZA
 

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

Snap getting lumped in here is appalling. In no way does their demise affect another market.

How many of these damn crashes do I have to live thru? removetrumpnow

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Here’s why the stock market’s ‘Red October’ raises the odds of a recessionThe stock market isn’t the economy, but there is a possibility that the equity market’s October carnage could be the source of “malign” shocks, say economists at Oxford Economics. While a recession in the next two years is still unlikely, they say, the probability of a downturn is on the rise.
Source: MarketWatch - 🏆 3. / 97 Read more »

'Red October' sees US stocks endure their worst month since the financial crisisConcerns ranging from a US-China trade war, Federal Reserve interest rate policy and a slowdown in global growth led to a wave of heavy selling. MONEY BEING MADE. I believe the market just needs one thing - election results. No matter who wins. Just need certainty. This is an opportunity to BTC market. An another market cap grownth, now!
Source: BusinessInsider - 🏆 729. / 51 Read more »

How the stock-market selloff raises the odds of a recessionThe stock market isn’t the economy, but there is a possibility that the equity market’s October carnage could be the source of “malign” shocks, say economists at Oxford Economics. While a recession in the next two years is still unlikely, they say, the probability of a downturn is on the rise.
Source: MarketWatch - 🏆 3. / 97 Read more »

The market’s Red October nailed the coffin on one of the most trusted trading strategies of the bull market — and Morgan Stanley warns it could send stocks tumblingStrategists at Morgan Stanley lay out why a trusted stock market trading strategy is no longer working, and the urgent implications for investors. Muting this pay to play article.
Source: BusinessInsider - 🏆 729. / 51 Read more »