Search results
Results from the WOW.Com Content Network
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.
The sell-off on the Chinese stock market "set off a global rout, with stocks in Europe and the United States getting hit", with many stocks down 2% to 3%. [9] The German stock index, the DAX its blue-chip shares index slumped to 9979 points on 7 January "falling below the psychologically important 10,000-point threshold" which represents 2.29 ...
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: 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 ...
This market action falls in line with the takeaway that Fundstrat head of research Tom Lee gave clients after Tuesday's sell-off. Lee said it's "still too early" to call a market top for the first ...
The latest leg of the sell-off accelerated overnight as Japan's Nikkei 225 dropped more than 12% in its biggest-ever daily loss after a surprise interest rate hike from the Bank of Japan.
Image source: Getty Images. 1. Pause. The first thing you should do if you're feeling distraught about the red numbers in your portfolio is to step back, pause, and commit to not doing anything ...
7 This was the Nasdaq's all-time intraday high on March 10, 2000, which was finally broken on June 18, 2015. 8 This was the Nasdaq's close at the peak on July 20, 2015, before the 2015-16 stock market selloff. 9 The Nasdaq first traded above 5,400 during the session on Tuesday, November 29, 2016, but dropped below before the closing. Over the ...
[6] [21] [22] [23] The index surpassed 2,000 for the first time on August 26, 2014, reaching an all-time closing high of 2,130.82 on May 21, 2015. [5] It would not be surpassed until July 11, 2016, due to a market decline precipitated by the 2015–2016 stock market selloff and 2015–2016 Chinese stock market turbulence. [24]