Friday, February 9, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update February 9, 2018
NEWS
If the American markets do move in that direction, it would be a welcome relief for investors. After the rout in the United States on Thursday, both the Standard & Poor's 500-stock index and the Dow Jones industrial average were in correction territory, down more than 10 percent from their recent peaks.
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The Role of Gold as Turmoil hits wider Financial Markets ... This week also saw two records added to the history of stock market selloffs, Monday's biggest ever points drop in the Dow, and Thursday's second biggest ever ... Investors in financial and other asset markets prefer predictability and stability.
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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. It's a grim start to the day weatherwise in London and it looks like its going to be a grim start for European stock markets, as the sell-off which began in earnest a week or so ago ...
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America's government, through the Federal Reserve but also via the Treasury Department, has also acted to prop up falling stock markets, but that too seems unlikely this time. The Fed's announced course is to raise rates gradually. It has ample justification to do so, with economic growth breaking out ...
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