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2015 Chinese stock market crash. Stock markets around the world fall as a result of fears about China's economy with the Dow Jones Industrial Average falling by 1000 points at the opening of trading on Wall Street. The Dow Jones Index closes down 588.40 points, or 3.6 percent. (The New York Times), (The Guardian)
The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
On Monday, 24 August, world stock markets were down substantially, wiping out all gains made in 2015, with interlinked drops in commodities such as oil, which hit a six-year price low, copper, and most Asian currencies – with exception of the Japanese yen – losing value against the United States dollar. With this plunge, an estimated ten ...
The 1987 stock market crash, or Black Monday, is known for being the largest single-day percentage decline in U.S. stock market history. On Oct. 19, the Dow fell 22.6 percent, a shocking drop of ...
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Business and economy Pearson PLC agrees to sell its share in the Economist Group to Exor controlled by the Agnelli family for £469m. (BBC) 2015 Chinese stock market crash The People's Republic of China devalues the yuan (Renminbi) by 1.62 percent after devaluing by 1.92 percent yesterday. This comes in the wake of a 30% drop of Chinese stocks last month. (BBC), (USA Today), (The Australian ...
2015 Chinese stock market crash. Stock markets around the world fall as a result of fears about China's economy with the Dow Jones Industrial Average falling by 1000 points at the opening of trading on Wall Street. The Dow Jones Index closes down 588.40 points, or 3.6 percent. (The New York Times), (The Guardian)