TV News LIES

Tuesday, Oct 19th

Last update03:36:02 AM GMT

You are here News Economy Dow sheds 500 points on fears of contagion from China real estate

Dow sheds 500 points on fears of contagion from China real estate

E-mail Print PDF
Stock market

Stocks slumped on Wall Street Monday in a broad sell-off that extends an already weak streak for major indexes. Worries about debt-engorged Chinese property developers — and the damage they could do to investors worldwide if they default — are rippling across markets.

The Dow Jones Industrial Average fell 495 points, or 1.4%, to 34,086, on track for its worst sell-off since July.

The S&P 500 fell 1.6%. The benchmark index hasn’t had a decline of more than 1% since mid-August. It’s also coming off two weeks of losses and is on track for its first monthly decline since January.

The Nasdaq fell 1.7%. Technology companies led the broader market lower. Apple fell 1% and chipmaker Nvidia shed 2.7%.

More...



Most Recent Related Stories...


What the 'Pandora Papers' show about how the powerful hide money from public view

Pandora Papers A massive investigation from more than 600 journalists across the globe sheds new light into the...

Yellen triggers alarm bells over debt ceiling cliff

Jamet Yellen sounds alarmTreasury Secretary Janet Yellen is setting off alarm bells over a looming brawl about the nation's borrowing...

JCPenney closing more stores after bankruptcy. Will your store shutter? See the closure list.

JCPenny closures 2021JCPenny has added a pair of stores to its list of permanent store closures. The retailer confirmed...

Millions in U.S. lose jobless benefits as federal aid expires, thrusting families and economy onto uncertain path

Unemployment benefits expire More than 7 million out-of-work people across the United States are set to lose all of...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!