Global stock markets plunge over fears of US slowdown | BBC News
298,089
Published 2024-08-05
The drop comes amid a global market selloff, including in Europe and Asia.
Weaker-than-expected economic data from the US, including a jobs report on Friday, has fuelled speculation that the world's largest economy is slowing.
Elsewhere, Japan's market plummeted to its biggest fall by points in history and in London, the FTSE 100 index fell by 2.8%.
Subscribe here: bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#StockMarket #Business #WallStreet
All Comments (21)
-
You print the money. Stock buy backs. Over-inflate. Pop the bubble. Blame the poor
-
It’s called a recession. Better you admit it now than later
-
Does this mean I cannot afford to have my baloney sandwich for supper?
-
Warren Buffet got richer meanwhile poor middle class plunged down even further 😂
-
Probably time to own a few because they'll eventually come right up. Between S&P 500 and individual stocks, which has more potential short term say 1 or 2 years?
-
This is just the rich get richer the poor get poorer
-
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Colleen O'Brien
-
There's nothing new here under the sun. Every 10 years, a new generation is ripe for exploitation. It's the same old song and dance: Pump & Dump!
-
Next is the housing market. Prepare for the crush or sell it now.
-
Good thing i dont understand a thing about global stock markets😂
-
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
-
As we all saw in 2020, the stock market will eventually go back up. Best to hold on to any stocks you own and play the long-game.
-
Bro the majority of stocks have been flatlinning or falling for the past year or so. The only thing proping up the market has been a handful of tech stocks like Nvidia who are all wayyyyyy over valued. We are in a bubble and it will burst. Just depends on when. Most signs are pointing to recession and theres not much anyone can do about it. Cost of living is going up globally and people dont have money to spend ans if people arenr spending, company's arent earning, and what does that do? Recession
-
What is the best way to make money from crypto trading?
-
People should spend less. We don’t need most of the things we buy. It’s all corporate marketing taking what we earn from working. Be wise !
-
A couple of more billions to foreign countries will surely help
-
My pension has already taken a beating. Countries have taken different approaches but still hard on pensioners
-
Many people loosing their Jobs and houses all over the country .
-
1 % of the world's richest people own that stock and the poor will pay
-
The entire thing is ridiculously overpriced. Look at the growth metrics over the past decade or so. Let this thing fall. Most regular people aren't even in the markets.
