The Wall Street Journal

Dow, S&P 500, Nasdaq All Slide as Global Selloff Intensifies

Dow, S&P 500, Nasdaq All Slide as Global Selloff Intensifies
(Image: WSJ)
The Wall Street Journal
By Caitlin McCabeA stock-market selloff intensified around the world, sending US indexes sliding and volatility spiking to its highest levels since the covid-19 pandemic.In early trading, the Nasdaq Composite fell more than 5%, while the S&P 500 fell about 4%, and the Dow was around 3% lower.Painful turbulence started in Japan early Monday, with the Nikkei 225  falling more than 12%, its worst one-day drop since the crash after Black Monday in 1987. Losses then cascaded across South Korea, Europe and the US as investors dumped ris...

More Markets

NZ sharemarket up on Manawa takeover proposal
Markets Market close

NZ sharemarket up on Manawa takeover proposal

The S&P/NZX 50 Index gained 9.64 points or 0.08% to 12,642.47.

Graham Skellern 11 Sep 2024
Contact’s Manawa takeover: the details
Markets

Contact’s Manawa takeover: the details

Contact expects dividend uplifts within two years from the Manawa purchase.

Pattrick Smellie 11 Sep 2024
Briscoe Group reports positive half-year result despite profit drop
Markets

Briscoe Group reports positive half-year result despite profit drop

Briscoe Group has reported a positive half-year result, but its performance is down compared to the same time last year.The group reported a net profit after tax of $33.21 million to July 28, down from $42.75m for 1H2023.The group did face a one-off tax adjustment due to changes...

Staff reporters 11 Sep 2024