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U.S. stocks, global debt, oil tumble
WEDNESDAY, MARCH 18, 2020
Financial markets continued to spasm Wednesday, with U.S. stocks reversing Tuesday's rally, as the economic fallout from the pandemic outpaces the massive response from governments and central banks.
US stocks tumble to end bruising week as OPEC deal lifts oil prices
FRIDAY, DECEMBER 07, 2018
Wall Street closed out a bruising week on an ugly note on Friday as unease over the US-China trade war prompted another sell-off, while an OPEC deal lifted oil prices.
Apple market value tests $1 trillion level amid selloff
SATURDAY, NOVEMBER 03, 2018
Apple shares tumbled Friday a day after quarterly results showing strong profits but weaker-than-anticipated iPhone sales and a disappointing outlook for the key holiday period.
Indian rupee touches record low as Asia markets tumble
FRIDAY, AUGUST 31, 2018
Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.
Tesla shares tumble after Musk interview sparks fresh fears
FRIDAY, AUGUST 17, 2018
Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which he revealed his struggles with exhaustion and a lengthy but unsuccessful effort to find a number two executive.
Stocks tumble as global trade war flares up
THURSDAY, JULY 12, 2018
World stocks fell Wednesday after Washington threatened to hammer Beijing with tariffs on a further $200 billion of Chinese imports, ratcheting up the global trade war.
Asian markets tumble as new tariffs threat ends calm
WEDNESDAY, JULY 11, 2018
The uneasy calm that had descended on Asian markets was shattered Wednesday after the US threatened to hammer China with tariffs on a further $200 billion of imports, ratcheting up a trade war between the world's top two economies.
Asian markets tumble as Trump tariffs spark trade war fears
MONDAY, JUNE 18, 2018
Fresh fears of a trade war between the world's top two economies sent Asia markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports.
Asian markets fall, dollar rises as US rate fears return
WEDNESDAY, MAY 16, 2018
Asian markets tumbled with Wall Street and the dollar extended gains Wednesday as US interest rate worries resurfaced, while investors were also given a spook by North Korea's threat to pull out of a historic summit over US demands.