NewsFeeder
Headline News
- Reaction score
- 4
Global Markets: Stocks crumble in vicious sell-off as "goldilocks" trade unravels
Global Markets: Stocks crumble in vicious sell-off as "goldilocks" trade unravels
A rout in global equities deepened in Asia on Tuesday as inflation worries gripped financial markets, sending U.S. stock futures sinking further into the red after Wall Street suffered its biggest decline since 2011 in a vicious sell-off. S&P mini futures fell as much as 3.0 percent to four-month lows in Asia, extending their losses from the record peak hit just over a week ago to 12 percent. MSCI's broadest index of Asia-Pacific shares outside Japan slid 4.3 percent, which would be its biggest fall since the yuan devaluation shock in August 2015, turning red on the year for the first time in 2018.
https://finance.yahoo.com/news/asian-shares-set-tumble-goldilocks-001323733.html?.tsrc=rss
Global Markets: Stocks crumble in vicious sell-off as "goldilocks" trade unravels
A rout in global equities deepened in Asia on Tuesday as inflation worries gripped financial markets, sending U.S. stock futures sinking further into the red after Wall Street suffered its biggest decline since 2011 in a vicious sell-off. S&P mini futures fell as much as 3.0 percent to four-month lows in Asia, extending their losses from the record peak hit just over a week ago to 12 percent. MSCI's broadest index of Asia-Pacific shares outside Japan slid 4.3 percent, which would be its biggest fall since the yuan devaluation shock in August 2015, turning red on the year for the first time in 2018.
https://finance.yahoo.com/news/asian-shares-set-tumble-goldilocks-001323733.html?.tsrc=rss
