To understand why there was a huge decline in the stock market on Monday, you have to understand what happened last week. News that the coronavirus was spreading was hardly a secret a week ago. Cases were spreading throughout China and other parts of the Far East. Italy had a problem.

Topics:  china   east   stock market   week   spreading   understand   
BING NEWS:
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    It's been a difficult month for global large-cap tech stocks, with investors' dreams of Fed rate cuts now being pushed further into the future. US economic data has been more positive than hoped, with ...
    04/25/2024 - 4:51 pm | View Link
  • US close: Rising yields hit stocks as inflation proves sticky in Q1
    US stocks fell sharply on Thursday after data confirmed the stickiness of inflation in the first quarter despite a drop in economic growth which pushed bond yields to their highest in six months.
    04/25/2024 - 10:34 am | View Link
  • Nasdaq, markets tumble as GDP growth slows; Meta sheds $200bin in value
    Shares in the Facebook (NASDAQ: META) and Instagram owner were down 14% in pre-market trading after Meta said spending on artificial intelligence would be higher than expected for the year, while ...
    04/25/2024 - 4:15 am | View Link
  • Nasdaq, markets fall as GDP growth slows; Meta sheds $200bin in value
    GDP climbed by 1.6% over the first quarter, against 3.4% during the final three months of last year and below market expectations for a 2.4% increase. The Nasdaq dipped 329 points to 15,383 on the ...
    04/25/2024 - 2:15 am | View Link
  • FTSE 100 surges to record high as Middle East tensions ease
    Thames Water plans to spend nearly £20bn fixing leaks and sewage spills under a new business plan sent to regulators. The beleaguered water supplier, which has £18bn of debt, wants to spend £1.1bn ...
    04/22/2024 - 7:03 am | View Link
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