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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.
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)
Shanghai Composite dropped to a four-year low, escalating their economic downturn since the 2015 recession. [37] [38] 2020 stock market crash: 24 Feb 2020: The S&P 500 index dropped 34%, 1145 points, at its peak of 3386 on 19 February to 2237 on 23 March. This crash was part of a worldwide recession caused by the COVID-19 lockdowns. [39] [40] [41]
The SSEC's price-to-earnings ratio has jumped 33% in the past five months, which is similar to the 50% rise in the first half of 2015, while its forward 12-month price-to-earnings ratio was 12.2 ...
As of 30 August, the Chinese government arrested 197 people, including a Wang Xiaolu, a journalist at the "influential financial magazine Caijing", [52] and stock market officials, for "spreading rumours" about the market crash and 2015 Tianjin explosions. The crime of spreading rumours carries a three-year jail sentence after its introduction ...
Following a 611-point loss on Friday, the Dow dropped over 1,000 points before the market opened. The S&P initially fell over 3.5%, while Big Tech stocks were among the biggest losers, causing ...
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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 ...