US Recession Fears Trigger Major Wall Street Sell-off | Vantage with Palki Sharma
US Recession Fears Trigger Major Wall Street Sell-off | Vantage with Palki Sharma
US investors triggered a major selloff on Wall Street on Thursday (August 1) amid fears of a recession. Two of the biggest US stock market indexes—the Dow Jones and S&P 500—dropped by 1.2% and 1.3%, respectively. Distress in the job market, slow manufacturing, and a declining stock market led to this significant selloff. According to data, an increasing number of Americans are opting for unemployment benefits. Also, fewer jobs are being created as compared to before. There is even a slowdown in the manufacturing sector, which has led to hiring freezes in several factories and companies. High interest rates could be one of the major reasons behind the manufacturing slowdown. As a result, investors are shifting their focus from stocks to bonds. These trends hint at the possibility of a recession. Palki Sharma tells you more.
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USA | Wall Street | Stock Market | Nasdaq | Dow Jones | S&P 500 | Recession | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#usa #recession #wallstreet #nasdaq #s&p500 #dowjones #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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22 Comments
Recession here slowdown there crash somewhere else.
I we go according to headlines, the world is perpetually on fire.
After 2020, we got used to crisis fatigue🤦🏻♂️
Will the fed lower interest ratee
America has already been in a recession. The only thing keeping things afloat is all the money printing.
This is typical during election, especially given the twist that will determine if US will be democratic or autocratic
Dw, Americans are busy sanctioning and destroying the economy of other countries while sending their own money into the pockets of the weapon industry share owners the Democrats, through an indirect pipeline Ukraine..
You look gorgeous in saree 😊
Save Hindu in Bangladesh they were raped murder
Open fort knocks
😂haha 😆😆😆😆😆😆😂😂😂
Palki ji best wishes and greetings of the day . 7 nations ka combination hain jinka viksit badey deshon meyn huge and heavy investment hota hai . Kuchh samay antraal meyn all of sudden these big 7 withdraw huge amount in toto thus its cited now and in past that view heavy downfall in sensex and nifty faces pathetic and stock market get crashed . Thats it . Lets wait and watch its temporary or excercises of thr 7 big combinations combined finance forces effect or realky its began of recession . Regards . Jai Congress.
Pallak will u marry me ❤
US is busy in interfering in other countries fight , senselessly giving funds to Ukraine . American vote to idiots so they will suffer .
Regular economic activity has been aiming at establishing s heavy dependence of all states on the financial system put up be the IMF and other bigger institutions like in Europe.
Should everything crash, the investors will either have all the shopping power and capital, or when the states try to opt out of their debt, they will be systematically isolated and economically ruined.
We can see and hear attraction here ❤instead recession.
USA soon behind india
Why Indians.pray America as tough they r the God.
America is racist n bankrupt country.
Be in India.
Support India
bakit hindi parin nagkakaroon ng linaw kung papunta ba sa kapayapaan yung bukas o hinaharap ?
Happend in India a week ago, investors pulling out Billions out of NSE and BSE.. Where it goes? Gold prices may go high and time for bond markets?
Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming
By Krystal Hur, CNN
Updated 4:14 PM EDT, Fri August 23, 2024
In 3weeks, situation changed
i cant get enough of you
Got a black magic woman
Got me so blind I can't see
That she is a black magic woman
She's trying to make a devil outta me!
Palki Sharma is among of the reporter who always criticizes the United States and the West .