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06
Feb
2018
Rolling world stock sell-off runs to $4 trillion
LONDON (Reuters) – World stock markets nosedived for a fourth day running on Tuesday, having seen $4 trillion wiped off from what just eight days ago had been record high values. Europe’s main bourses started down as much as 3 percent, leaving investors with little option but to seek the tra...
06
Feb
2018
European shares hit six-month low as sell-off deepens, volatility spikes
MILAN (Reuters) – European shares fell to their lowest level since August 2017 on Tuesday as a global sell-off in equities deepened and volatility spiked on growing worries over inflation and rising bond yields. All sectoral indexes were trading in negative territory, pushing the pan-European ...
06
Feb
2018
Bitcoin slides below $6,000; half its value lost in 2018
LONDON (Reuters) – Bitcoin slid another 13 percent to below $6,000 on Tuesday, bringing the world’s best-known cryptocurrency’s losses to more than half since the start of 2018. Bitcoin has fallen heavily in recent sessions as worries about a regulatory clampdown on the nascent market and ...
06
Feb
2018
Stocks crumble in vicious sell-off as ‘goldilocks’ trade unravels
TOKYO (Reuters) – 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...
06
Feb
2018
Oil prices fall more than 1 percent amid global market rout
SINGAPORE (Reuters) – Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intra-day falls ever registered on Wall Street. Brent crude futures were at $66.91 per barrel at 053...
06
Feb
2018
BlackRock warns of risk as inverse volatility products sink
(Reuters) – BlackRock Inc, the world’s largest asset manager, warned of the risk of so-called inverse Exchange-Traded Products (ETPs) following Monday’s steep decline in financial instruments that bet against wild downward swings in the markets. Monday’s stock market rout left two of the...
06
Feb
2018
Shares routed as ‘goldilocks’ trade suddenly unwinds
TOKYO (Reuters) – Asian shares and U.S. stock futures sank on Tuesday, after Wall Street suffered its biggest decline since 2011 as investors’ faith in factors underpinning a bull run in markets began to crumble. S&P mini futures fell as much as 2.5 percent to nearly four-month lows in ...
06
Feb
2018
Asian shares tumble as ‘goldilocks’ trade unwinds
TOKYO (Reuters) – Asian shares fell sharply on Tuesday after Wall Street suffered its biggest decline since 2011 as investors’ faith in factors underpinning a bull run in markets began to crumble. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 2.8 percent to one-month l...
06
Feb
2018
Wall Street plunges, S&P 500 erases 2018’s gains
(Reuters) – U.S. stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4.0 percent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year. ...
05
Feb
2018
Wall St. plunges, S&P 500 erases 2018’s gains
(Reuters) – U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history, as investors grappled with rising bond yields and potentially firming inflation. The benchmark S&P 500 an...
05
Feb
2018
Wall St. plunges as stocks selloff continues
NEW YORK (Reuters) – U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points at its lows – the biggest intraday point drop in history – as a long-awaited pullback from record highs deepened. Slideshow (5 Images) The Dow Jones I...