Search Results for: Energy stocks plunge
European stocks tumble; Major bourses slid into negative territory
July 24th, 2020
The pan-European Stoxx 600 dropped 2% by mid-morning, with tech stocks tumbling 4.3% to lead losses as all sectors and major bourses slid into negative territory. Global investors will be reacting to China’s retaliation to the U.S. decision to ...
Asian Stocks Rise as Mixed U.S. Data Damp Rate Hike Outlook
October 18th, 2016
Japan’s Topix index fluctuates between gains and losses N.Z.’s benchmark index tumbles 1.3 percent to three-month low Asian stocks rose as mixed U.S. economic data supported the case for monetary policy to remain accommodative. The MSCI Asia Pacific Index ...
Asia Stocks Fall as Oil Rebounds Before Output Talks; Lira Sinks
September 26th, 2016
Turkey’s lira extends slide after Moody’s cut rating to junk Crude rebounds ahead of OPEC talks aimed at limiting output Asian stocks dropped by the most in two weeks and futures foreshadowed losses in European and U.S. equities as ...
Asian stocks recoup losses, Aussie wobbles on uncertain election
July 4th, 2016
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election. Activity across much of the region was subdued ahead of the U.S. ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
Asian Stocks Slide Resumes as Dollar Strengthens; Oil Above $48
May 18th, 2016
Japan stocks, yen fluctuate after GDP growth beats estimates Dollar gauge rises to quarter’s high on rate-hike speculation Asian stocks fell for the first time in three days and the dollar strengthened against all of its major peers on ...
Bear Market Descends on Global Stocks
February 12th, 2016
The MSCI All-World Index falls 20% from its May 2015 record Retreat is biggest since selloff during 2011 Europe crisis The yearlong decline in global equities that started with a selloff in energy became a full-blown bear market Thursday ...
Asia stocks follow US in sharp sell-off
February 3rd, 2016
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2 percent overnight amid a plunge in oil prices. Japan’s Nikkei 225 dropped 3.36 percent, while the Topix fell 3.46 percent. Across the Korean ...
China Stocks Plunge to 13-Month Low Amid Capital Outflow Concern
January 26th, 2016
Yourong Fund, Rabobank, Chart Partners predict further losses China capital outflows reached estimated $1 trillion in 2015 China’s stocks tumbled to the lowest levels in 13 months amid concern capital outflows will accelerate as the economy slows and support ...
Global Stocks Enter Bear Market: One-Fifth Of All Worldwide Stock Market Wealth Is Already Gone
January 25th, 2016
It’s official – global stocks have entered a bear market. On Wednesday, we learned that the MSCI All-Country World Index has fallen a total of more than 20 percent from the peak of the market. So that means that ...