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Stock market index. The dow closed down more than 4 over a 1000 points the biggest one day point fall in history. Investors are reacting to the latest data on wages in the us, which suggest bigger Interest Rate rises might be on the way. Katie silver reports. Little did they know, they were ringing in the bell on what was to be the worst day on wall street in a decade. The Dow Jones Industrial average, which measures the performance of 30 major companies, fell by an unprecedented 1,175 points. And it wasnt the only index to tumble. The nasdaq composite dropped almost 3. 8 , while the s p 500 lost more than 4 , its biggest drop since 2011. The trouble began last friday when new figures showed wages in the us were growing faster than expected. Investors predict that a rise in salaries will cause more people to spend more, pushing up inflation. And if theres a rise in infla ....
And london, this is bbc world news. Its newsday. Good morning. Its 9am in singapore, 1am in london and 9am in tokyo, where japans nikkei index has sunk more than 4 in early trading. The malaise has spread to asian markets after share prices plummeted in the United States the dowjones index finished nearly 5 down, dropping by more than 1100 points. Its the biggest one day fall since the financial crisis a decade ago. You can see the asian markets here. The hang seng will start trading in about 30 minutes time. This fall in the asian stock market is the steepest in over one year due to fears of a surging us economy leading to sharp Interest Rate hikes by the Federal Reserve sparking speculation that banks may be forced to tighten policy aggressively. Shifting our attention now to the dowjones industrial average, shifting ou ....
That wall street is not main street, look at Financial Markets today. The us stock market has recorded huge losses recently and all because the real economy is actually doing better. After yo yoing alde, the dow jones is still trading and it is down slightly. The main european markets took a hit, the ftse100 closed down by 2. 6 , its lowest level since last april. Do the numbers matter . What do they tell us about the Global Economy . If you own the highs, do you own the lows . Let us the highs, do you own the lows . Let us get the thoughts of a former adviser to george w bush. We are glad youre here with us in london. That is how it goes in politics. President s like to talk the fact that the stock market is doing well but when it isnt, you have to say, i have to reassure the American People and give people confiden ....
Stocks in china, hong kong, and japan have opened sharply lower as asian markets react to a record fall in the dow, the main american stock market index. The dow closed down more than 4 , over 1,000 points, the biggest one day point fall in history. Briefly, it fell more than 10 from its record high injanuary. Investors are reacting to the latest data on wages in the us, which suggest bigger Interest Rate rises might be on the way. Katie silver reports. Litter did they know they were ringing in the bell of what was to be the worst day on wall street in a decade. Little did they know. The dowjones industrial average, measuring 30 major companies, fell by an unprecedented 1175 points. It was not the only one to. The nasdaq composite dropped almost 8 . The snp 500 dropped 4. 10 , the biggest since 2011. The trouble began last ride a win new figures showed wages in the us were growing faster than expected. Investors predicted a rise in ....
Running out of water. Lebron james makes history joining an exclusive club. And alexa tells us who is going to win the super bowl. And we do say good morning on this wednesday. Im kendis gibson. And im maggie rulli in for diane macedo. We begin with several new developments overnight from that School Shooting in kentucky. Weve learned that two 15yearold students were killed but a motive for the attack remains unclear. And take a look. This is the 11th School Shooting in america so far this year alone. Its only january 24th. Overnight a community in kentucky leaning on each other and their faith. Lord, be with those who are in the midst of this tragic situation. Reporter just hours earlier chaos at this High School South of paducah. Marshall county high school, active shooter, four people down. One unresponsive. The ....