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Investors See More Pain Ahead as Global Stock Rout Gathers Pace
Indexes in Australia, Hong Kong and China tumbled on Monday, with Japan’s Topix index and a gauge of regional equities heading for their steepest declines this year. The moves came after U.S. shares notched their worst day in 11 weeks on Friday as a gauge of Treasuries inverted for the first time since 2007 and data from Europe renewed fears about global growth. After almost three months of optimism surrounding U.S.-China trade talks and dovish central bank messaging spurred the best start to a year for global equities in two decades, investors have shifted focus and are starting to react to bad omens for the economy.
https://finance.yahoo.com/news/investors-see-more-pain-ahead-041050165.html?.tsrc=rss
Indexes in Australia, Hong Kong and China tumbled on Monday, with Japan’s Topix index and a gauge of regional equities heading for their steepest declines this year. The moves came after U.S. shares notched their worst day in 11 weeks on Friday as a gauge of Treasuries inverted for the first time since 2007 and data from Europe renewed fears about global growth. After almost three months of optimism surrounding U.S.-China trade talks and dovish central bank messaging spurred the best start to a year for global equities in two decades, investors have shifted focus and are starting to react to bad omens for the economy.
https://finance.yahoo.com/news/investors-see-more-pain-ahead-041050165.html?.tsrc=rss
