TORONTO — Losses in the energy sector weighed on Canada's main stock index as the price of oil fell Tuesday, though the index posted just a small...
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The U.S. stock market fell on Monday on fears that the U.S. economy is experiencing a further slowdown, triggering a broad selloff in financial markets around the world. The S&P 500 index (which represents the 500 largest companies in the US) suffered its biggest drop in stock value since 2022, falling 2.4%. The Dow Jones (index of 30 largest companies) fell 2.2%, while the Nasdaq index of technology companies fell 2.7%. The decline in the value of stocks in the United States was followed by a wave of selling stocks globally, which began last week. Japan's Nikkei stock market suffered its biggest decline since 1987, losing 12.4% of its value on Monday, ahead of the opening of stock markets in Europe and the United States. It was the first opportunity for stock markets in Tokyo to react to a report on Friday that showed US employers slowed the pace of hiring last month by a much larger rate than economists had forecast. This raised fears that the Federal Reserve may have held back the US economy for too long by raising interest rates in an effort to reduce the rate of inflation. South Korea's Kospi stock fell 8.8%, stock markets …
TORONTO — Losses in the energy sector weighed on Canada's main stock index as the price of oil fell Tuesday, though the index posted just a small...
US stocks experienced a significant selloff, led by chipmakers like Nvidia, following analyst warnings about the AI hype. Nvidia Corp experienced a...
Asia’s benchmark stock index slid to a three-week low as worse-than-expected economic data from the US to Japan added to concerns over a broader...
Asia’s benchmark stock index slid to a three-week low as worse-than-expected economic data from the US to Japan added to concerns over a broader...
Financial markets in Asia and the US have tumbled on fears that the world's largest economy could be headed to a recession.
Financial markets in Asia and the US have tumbled on fears that the world's largest economy could be headed to a recession.
TORONTO — Losses in the energy sector weighed on Canada's main stock index as the price of oil fell Tuesday, though the index posted just a small...
Investors sent technology stocks and other assets tumbling on concerns that the U.S. economy could be headed for a hard landing.
The evidence suggests that empires often react to periods of their own decline by over-extending their coping mechanisms. Military actions,...
The evidence suggests that empires often react to periods of their own decline by over-extending their coping mechanisms. Military actions,...