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| Morning mail: turmoil continues on world stock markets Global stock markets continue to slump but many experts believe the falls are a correction, not a coming crash. After the Australian market lost $85bn in two days, the FTSE 100 in London dropped by 2.64% or 193 points to its lowest level since last April, which is the biggest percentage drop since the ...
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| Five things to understand about the turmoil in global financial markets Markets are struggling to rebound from Monday's sharp sell off, when the Dow Jones industrial average fell 4.6 per cent, its biggest one-day percentage decline since 2011, leaving many wondering what triggered the drop and whether worse is to come. Here's a look at what's going on. 1.Why the sell off ...
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| How Washington could create even more trouble for the stock market The reversal of easy monetary policy, through rate hikes and other steps , has been widely discussed as one reason for the stock market decline, but it's missteps in fiscal policy by Congress or the White House that many in markets fear. Strategas policy analyst Daniel Clifton wrote about the worries ...
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| Mnuchin says stock markets are functioning 'very well' Treasury Secretary Steven Mnuchin said Tuesday that the administration is monitoring the stock markets but added they are functioning "very well." In testimony to the House Financial Services Committee, Munchin noted stocks are "up significantly, over 30% since President Trump was elected." Stocks ...
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| Global stock market turmoil: What's going on? NEW YORK, NY - FEBRUARY 05: Traders work on the floor of the New York Stock Exchange (NYSE) on February 5, 2018 in New York City. Following Fridays's over 600 point drop, the Dow Jones Industrial Average briefly fell over 1500 points in afternoon trading before closing down at 1,175.21 points.
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| Five things to understand about the turmoil in global financial markets Markets are struggling to rebound from Monday's sharp sell off, when the Dow Jones industrial average fell 4.6 per cent, its biggest one-day percentage decline since 2011, leaving many wondering what triggered the drop and whether worse is to come.
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