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The Dow Jones Industrial Average was down nearly half a percent at the close, while the Nasdaq Composite Index, which contains more technology stocks, cut early losses to close just 0.2% lower ...
2. The "carry trade" has nearly wound down. Another factor behind the recent stock market sell-off was the Bank of Japan's interest rate increase. Some investors had been borrowing Japanese yen at ...
In the U.S., all three major market indices sank more than 2.5%, with mounting recession fears taking the blame for the collapse after a less-than-stellar July jobs report late last week.
The world’s biggest semiconductor manufacturer — which has found itself in the middle of a trade and technology rift between the U.S. and China — said it results were propelled by the ...
Dow Jones Industrial Average: 42,528.36, down 0.42% (-178.20 points) Nasdaq composite : 19,489.68, down 1.89% The losses come after a new set of economic data raised concerns over sticky inflation.
In 2022, the MSCI World Index index, which tracks developed markets, was down 17.7%. The emerging markets index declined 19.7%. Asia overall was down 20.8% due to a 21.8% decline in Chinese stocks, a 29.1% decline in Taiwan, and a 28.9% decline in Korea. [10]
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
The S&P 500 gave up an early gain to finish down 0.4%. The benchmark index, which set 57 record highs in 2024, racked up a 23.3% gain for the year. This was its second straight year with a gain of ...