As Markets Tank, Finance Chiefs Urge US, China to Cool It
Managing director of the IMF: “De-escalate. Fix the system. Don’t break it.”
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Author: Financial Markets Group
Stock Market Drop Spreads Around Globe, Wall Street Set to Fall Again
Investors worry that higher interest rates will dent earnings and a trade war will crimp global business.
Bloodbath: Dow Jones Sinks 831 Points on Worst Day for Markets in 8 Months
The S&P 500 fell 94 points to 2,785; Nasdaq fell 315 points to 7,422; Dow Jones fell 831 points to 25,598.
Daily Stock Market Update — Tuesday, October 9
The S&P 500 fell 4 points to 2,880; Dow Jones fell 56 points to 26,430; Nasdaq rose 2 points to 7,738.
IMF Downgrades World Economy Outlook Due to Trade Wars, Rising Interest
The global economy will grow 3.7% this year, down from the 3.9% the IMF was forecasting in July.
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