Equities plunge as selling returns to risk markets
US equities tumbled on Wednesday as they suffered their worst day since the early months of the pandemic in June 2020. The benchmark S&P500 fell 4% with 98% of stocks declining.
Week Ahead: Gold may climb higher on darkening global outlook
More Fed speak …
more US earnings …
and the freshest updates to the global economic outlook (via the latest IMF projection and GDP figure for China, the world’s second largest economy) …
Over an hour ago, the European Central Bank (ECB) wrapped up its latest policy meeting.
The ECB’s Governing Council, in describing its plans for removing support measures for the economy this year, stuck with using these 3 key words:
US equities tumbled on Wednesday as they suffered their worst day since the early months of the pandemic in June 2020. The benchmark S&P500 fell 4% wi...
Stocks
S&P500
inflation
Dow Jones index
ECB
British Pound