Wall Street stocks were back in sell-off mode early Wednesday as weak economic data out of Germany and China exacerbated fears of a global slowdown.[NEW YORK] Wall Street stocks were back in sell-off mode early Wednesday as weak economic data out of Germany and China exacerbated fears of a global slowdown.The broad-based S&P 500 slid 1.5 per cent to 2,883.50, while the tech-rich Nasdaq Composite Index dropped 1.8 per cent to 7,875.27.
The sell-off came shortly after the yield on the 10-year US Treasury note briefly slid below the yield on the two-year bond, a dynamic that is often seen as a harbinger of recession.
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:
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.
Tokyo: Stocks open lower amid higher yen, falls in US shares[TOKYO] Tokyo stocks opened lower on Tuesday as a stronger yen and falls on Wall Street weighed on the market after three days of holidays. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Wall St stocks tumble on trade war, weakening outlook[NEW YORK] Wall Street stocks finished a bruising session sharply lower Monday as worries about slowing growth and the protracted US-China trade war hit banking shares and the broader market. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks tumble on trade war, weakening outlookNEW YORK: Wall Street stocks finished a bruising session sharply lower on Monday (Aug 12) as worries about slowing growth and the protracted ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks rally after Trump delays key China tariffsNEW YORK: Wall Street stocks rallied on Tuesday (Aug 13) after President Donald Trump delayed tariffs on key Chinese goods, a shift from recent ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Stocks to watch: Wilmar, Yanlord Land, OUE, Manulife US Reit, Metro, BreadTalkTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »