• Global markets are getting pounded as fear grips investors

    11 days ago - By Business Insider

    Stock markets around the world sell off sharply as fears about slowing economic growth and rising interest rates spook investors.
    The sell-off began on Wall Street on Wednesday with the Dow Jones witnessing its third largest one-day point drop in history.
    Bloodbath then spread to Asia with China's most significant mainland index, the Shanghai Composite, losing more than 5%.
    Europe is now suffering, with virtually all major bourses down more than 1.2% in the first hour of trading.
    Stock markets around the world are taking a hammering on Thursday as rising fears about global economic growth...
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  • Rising interest rates weigh on high-flying tech stocks

    Rising interest rates weigh on high-flying tech stocks

    11 days ago - By Chron

    LOS ANGELES - Technology and internet stocks have led the way for much of Wall Street's bull market run, propelling the stocks of big names like Apple, Amazon and Google's parent company sharply higher along the way.
    Now those high-flying stocks are at the forefront of a wave of selling as investors fret about the possible impact of a recent surge in interest rates.
    Those jitters gave the Nasdaq composite index, which as a high concentration of technology companies, its biggest loss in more than two years Wednesday. Apple, Microsoft, Amazon, Netflix and Alphabet, Google's parent company...
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  • Asia shares swoon to 19-month lows; investors await U.S data

    11 days ago - By Reuters

    Share markets in Asia plunged to a 19-month low on Thursday after Wall Street's worst losses in eight months led to broader risk aversion, a rise in market volatility gauges and concerns over overvalued stock markets in an environment of rapidly rising dollar yields.
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  • European stocks set for triple-digit losses as Wall Street sell-off grips global markets

    11 days ago - By CNBC

    European stocks are set to open sharply lower on Thursday, as a sell-off in U.S. equities dragged down global markets.
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  • Tech stocks lead the decline on Wall Street

    11 days ago - By Reuters

    World equities slid to a three-month low on Wednesday and Wall Street fell more than 2 percent as technology shares tumbled on fears of slowing demand, while rising U.S. bond yields provided competition for high-riding stocks.
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  • Asia shares plummet after Wall Street rout; Shanghai at near four-year lows

    11 days ago - By Reuters

    Asian share markets sank in a sea of red on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that could threaten business confidence and investment across the globe.
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  • Losses on Wall Street ripple through Asia; stocks slump

    11 days ago - By Chron

    SINGAPORE - Asian markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks.
    Japan's benchmark fell by an unusually wide margin of 3.9 percent and China's main index lost 4.3 percent. Markets in Hong Kong, South Korea, Australia and Southeast Asia recorded similar declines.
    Investors are wary of possible further U.S. interest rate hikes. That will raise the cost of corporate borrowing and could drag on economic growth.
    The U.S. Federal Reserve recently raised short-term interest rates for the third time this year, with one more...
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