Business InsiderThe BI Markets team!See AlsoQ&A: What’s behind the China’s yuan devaluationHere’s why China is weakening its currencyDeutsche Bank on China’s crazy stock market: ‘There’s no obvious explanation’Global markets are making a woooooooooooshing sound Monday morning as everything tanks.Why is this happening, and should you be worried?Well, I talked to our Markets team. It is inarguably made up of the […]
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Stock market plummets 1,000 points at opening as world markets …
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Wikimedia CommonsIt’s wild out there on Monday morning.Dow futures were down as much as 700 points, the S&P 500 was down about 4%, and the Nasdaq fell 5%, triggering a “limit down” brief pause in trading.And while we’re still a bit away from the point at which the S&P 500 will stop trading for a period, Dave Lutz at JonesTrading […]
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'It Is a Key Moment': Chinese Stock Market Plunge Causes Global …
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investing.comStocks are rolling over again. It’s been a chaotic day in markets, with the Dow crashing more than 1,000 points, the S&P 500 was down 120 points, and the Nasdaq was down 393 points shortly after the market open. All of the major averages were down 5% or more at their worst levels. The market recovered most of its losses during the morning, but near […]
Hulton Archive/Getty ImagesThe stock-market tumble of the past week has reminded everyone that stock prices also go down.So this seems a good time to remind everyone that stock prices could go down a lot further. In fact, stock prices have to go down a lot further — or, at least, have to stay generally flat for a very long time […]
Societe GeneraleFinancial sector up like crazy thanks to the crazy stock market surge.China’s volatile stock market has been front and center over the last few months.The Shanghai Composite Index exploded to all-time highs in June, and then crashed about a month later.But although the stocks grabbed everyone’s attention, it’s also important to look at what’s going on in the rest of […]
REUTERS/Neil HallHistorical re-enactors in a living history camp prepare their costumes as they take part in an anniversary event for the Battle of Bosworth near Market Bosworth in central Britain.The global financial markets are getting walloped.The Dow ended Friday at 16,450, down a whopping 1,018 points for the week. The blue-chip index booked its first back-to-back, down-300-plus-point days since November 2008. It’s […]
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Following the end of a horrible week for petroleum importers (not to mention shale producers) despite WTI briefly dipping under $40 (wasn’t this supposed to be great news for the US economy?) we have the start of a just as ugly week for the Persian Gulf oil exporters, whose Sunday market open can be described as a continuation of last […]
