Live Breaking News & Updates on Classic Correction
Stay updated with breaking news from Classic correction. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bitcoin, Tech-Aktien, Energie: Fünf Börsenprofis verraten Top-Tipps für 2021 focus.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focus.de Daily Mail and Mail on Sunday newspapers.
P.m. the big story about your money this morning. can global markets find their footing? stock futures are lower again this morning. chinese stocks could not rebound from horrid losses monday. tensions in the middle east adding to the worry on wall street. the dow closed down 267 points. that is about 1.5%. it is still about 4% away from being in a classic correction. that is defined as decline of 10% from a recent high. that did not make it feel better. the average dip below 17,000 for the first time since october. a bad start to 2016. get used to it. it could be a rough first quarter. china is the main reason for the wall street worry. one trigger for the selloff, a bad december manufacturing report from china following years of wildly strong growth. what is going on with the chinese economy? can the government s numbers even be believed? ....
From a horrid monday. there is the tally. stocks in shanghai posted more slimmer losses, but still adding to monday s terrible historic drop. tensions in the middle east adding to the fear on wall street. that will likely not go away. you see london and paris have managed to rebound. that is encouraging for american investors to stem the slide today. yesterday, really horrible. the dow dropped as many as 467 points monday. closed down 267. that 1.5%. it is 4% away from a classic correction. a lot of selling to start the year. the dow dipped below 17,000 for the first time since october. that is just a psychological level. it shows you the market having trouble here to start the new year. get used to it. it could be a rough first quarter as we go through a lot of economic data. jobs report on friday. these concerns about china. a big driver for investors last ....
Editor at barron s owned by our parent company. and we are reaching a classic correction which is 10 percent on all. europe is clearly in a financial extreme mess not knowing exactly what to say. our banks are taking huge hits and employment numbers are awful. the markets are saying they are re-adjusting for not only a slow growth environment. it is slower than we thought. the numbers told us the first half was not as good at the lukewarm growth we saw. but at the same time you have governments around the world that are strapped. we got reminders of this with the debt ceiling debate and the central bank in europe is still ....