European markets started the new trading week on a positive note after recent global market uncertainty and volatility. The pan-European Stoxx 600 moved 0.2% higher shortly after the opening bell on Monday (3/10), with most sectors and all major bourses in positive territory. Germany's Dax and France's CAC 40 both rose around 0.4%. Regional markets closed in negative territory on Friday, ending a volatile week marked by indecisive policy on US tariffs, the latest interest rate cut from the European Central Bank, and key US jobs data showing nonfarm payrolls rose by less than expected by...
The Hang Seng plunged 448 points, or 1.9%, to close at 23,784 on Monday, falling for a second session as U.S. futures fell amid concerns over an economic slowdown. Worries have been heightened by fresh levies on major trading partners, rising U.S. unemployment and federal layoffs. Sentiment has been further dampened by deflationary pressures in China, with consumer prices posting their sharpest decline in 13 months in February and producer prices extending their decline to 29 months. On the trade front, tensions have been rising as China plans retaliatory tariffs on Canadian farm...
Stocks plunged on Monday as the selloff that dragged down Wall Street last week continued, with investors worried about an economic slowdown after President Donald Trump did not rule out a recession with U.S. tariffs. The Dow Jones Industrial Average fell 423 points, or 1%. The S&P 500 fell 2.1%, and the Nasdaq Composite dropped 3.4%. The tech-heavy Nasdaq was weighed down by declines in the "Magnificent Seven." Tesla fell 8%, Alphabet fell 4%, and MetaTrader 4 and AI darling Nvidia fell 5%. Stocks have been under pressure as investors worry about a possible recession because of the...