(REUTERS) – On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.
Continue reading
Tag Archives: Stock market crashes
French election relief sends markets soaring
European shares open sharply higher and the euro briefly vaults to five-month peaks after the market’s favoured candidate won the first round of the French election, reducing the risk of another Brexit-like shock. Ciara Lee reports. Continue reading
Britons become French to hold onto EU rights
The French Embassy in London sees a 40 percent rise in applications by British people to become French following the Brexit referendum.
Mixed messages on eve of Brexit
With a day to go before UK prime minister Theresa May triggers Article 50 to start separation talks with the EU, the Bank of England is warning UK banks to prepare themselves in case of a disorderly Brexit. But, as Ivor Bennett reports, the eve of Brexit also attracts a vote of confidence from Qatar as its sovereign wealth fund pledges over $6 billion in investment in Britain. Continue reading
Britain’s May to launch EU divorce proceedings on March 29
British PM May confirms Britain will trigger EU exit proceedings on March 29.
Wall St rises; Dow above 19,000 for first time
U.S. stocks extend their post-U.S. election rise with moderate gains that push the Dow above 19,000 and the three major indexes to record closing levels for a second straight day.
Wall Street jumps after Trump wins White House
U.S. stocks rise sharply in a dramatic turnaround from deep overnight losses as Wall Street digested the upset presidential election victory of Republican Donald Trump.
Dollar, Mexican peso, stocks topple as Trump wins
The U.S. dollar sank and stocks have plummeted in market mayhem as investors faced up to a shock win for Donald Trump in the U.S. presidential election that could upend the global political order. Sonia Legg reports. Continue reading
Asia markets hit by worries over health of European banks
Asian shares take a battering as mounting worries about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdowns in China and other emerging markets.
Markets lose momentum after oil tumbles
European stock markets fall as a rally in oil prices fizzle and China worries continue. As Sara Hemrajani reports, even mighty Germany is feeling the impact of the slowdown with business morale in January falling more than expected.
Continue reading