Global Recession Fears Spark Stocks Selloff

Bottom Line: The Fed's assessment of an economy with "signficant downside risks" has slammed stocks in Asia, Europe and on Wall Street too. The Dow is down more than 300 points.

Topics:  line   fed   asia   europe   wall street   dow   stocks   
BING NEWS:
  • Dollar Hits 2-Year High As European Recession Fears Hammer Euro, Pound
    US dollar surges to 2-year high on weaker Eurozone and UK PMI data. Investors brace for rate cuts by ECB and BoE. Euro and pound tumble, dollar index climbs above 107.
    11/22/2024 - 12:23 am | View Link
  • Will Trump's Policies Spark a Recession?
    Donald Trump takes office in early 2025, and experts debate whether his policies will usher in a period of economic decline or growth.
    11/18/2024 - 3:27 am | View Link
  • Good news for the economy is looking like bad news for stocks
    The “growth scares” that helped spark steep but short-lived losses for stocks in early August and again in early September are looking like distant memories.
    11/15/2024 - 2:32 am | View Link
  • Trump's proposed trade war raises the chances of a US recession to 75%, Wall Street strategist says
    "Taken together, these considerations lead us to recommend a modest underweight on stocks," Berezin said, adding that he planned to move to a "max underweight" recommendation "once clearer evidence of ...
    11/11/2024 - 4:26 am | View Link
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