The Dow Jones Industrial Average became the latest of major U.S. stock indexes to fall into what is known as a bear market on Monday as the market deepened its slump amid growing fears of a global recession. The blue chip index fell 1.1%, while the S&P 500 closed down 1% and the Nasdaq fell …
Stocks fall on recession fears; Dow plunges into bear market Read More »
Britain’s newly formed government unveiled its budget plans on Friday morning – and the reaction from global financial markets is more than stunning. Why is this important: Essentially, the markets treat the UK as they treat emerging markets, which are seen as not having the same reliable and disciplined economic policy-setting institutions as wealthier nations. …
The pound plunges after the publication of the budget of the new British government Read More »
Coming every Saturday, Summary of Hodler will help you follow every important news that happened this week. The best (and worst) quotes, adoption and regulation highlights, major coins, predictions and more – a week on Cointelegraph in one link. Top stories this week Breaking: Historic Day for Crypto as Ethereum Proof-of-Stake Merger Happens The much-anticipated …
Dow Jones futures open Sunday night, along with S&P 500 and Nasdaq futures, with the Federal Reserve meeting in focus. X The stock market suffered damaging losses over the past week on a surprisingly hot CPI inflation report as well as dire earnings reports or warnings. Major indices traded below their 50-day moving averages and …
Fed meeting scheduled as market plunges on this reality Read More »
