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Global stocks tumble followed by concerns over U.S. government shutdown, global economic slowdown

Global stocks tumble followed by concerns over U.S. government shutdown, global economic slowdown


now instead of a santa rally global
stocks are witnessing one of their worst Christmas seasons on record the US
government shutdown and fears of a global economic slowdown have slammed
Wall Street in recent days and weeks and even Asia markets that were open on
Christmas Day they had a session to forget as well Kim her son reports stocks around the world are tumbling on
fears about the government shutdown in Washington and the global economic
slowdown Asian markets that opened on Christmas Day also suffered with japan’s
Nikkei tipping below 20,000 for the first time in 15 months it plunged at
the open on Tuesday by more than 5 percent the fall followed US stocks were
all three of the major indexes fell by over two percent on Monday this is the
first time the Dow S&P 500 and Nasdaq have dropped by over 1% on Christmas Eve
in over 120 years experts say the government shutdown and president
Trump’s attacks on the Federal Reserve have eroded investor confidence market
analysts also forecast a prolonged economic slowdown which will affect
investor sentiment going forward investors are very fearful that the
growth of the US economy and the global economy are going to slow down a lot
next year in the year after that and that there could even be a recession
either in the US or for the entire world economy while most Asian markets were
closed for Christmas Day the downturn also affected China’s benchmark Shanghai
Composite Index which opened lower and tumbled more than two percent in the
morning it’s also left to be seen how the bearish market will affect South
Korea especially as its benchmark kospi is only about 50 points above the
psychologically-important mm line Humason
arirang news

4 thoughts on “Global stocks tumble followed by concerns over U.S. government shutdown, global economic slowdown”

  1. Instead of the incoming 20s being a time of wealth and happieness like last time it'll be the complete opposite woohoo

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