Global stock markets plunge over fears of US slowdown | BBC News

Major Wall Street indexes have tumbled as fears of a US economic recession grow.

The drop comes amid a global market selloff, including in Europe and Asia.

Weaker-than-expected economic data from the US, including a jobs report on Friday, has fuelled speculation that the world’s largest economy is slowing.

Elsewhere, Japan’s market plummeted to its biggest fall by points in history and in London, the FTSE 100 index fell by 2.8%.

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41 Comments

  1. His due to the Biden/ Harris campaign lying tomorrow cover up there screw ups and her running , they will tell anything to get a vote , Wake Up America Vote trump 2024

  2. This is normal market behaviour, there is no reason for it than the rich getting richer, and the news are manipolated into trying to bring some sense into what happened so the poor that invest in the market bury their heads in meaningless facts

  3. I think the US ended financially in 2008.
    We've been run by global central bankers ever since. That's why no one worth a darn will ever be President. That's why Congress is a sad joke. That's why our government spends more money on Ukraine than they do on taking care of many of the glaring problems inside our own border. Those "leaders" we think are running things here aren't running anything here.

  4. The third thing – the highest ranked presenter at bbc gets off watching seven year olds being raped and gave him a massive pay rise in response

  5. Boy I’m sure glad I shorted it….

    The American political scene is toxic could that have anything to do with it?

    There’s multiple Wars going on, could that have anything to do with it?

    McDonald loses money and just got hit with a 6 billion dollar fine.

    Tesla is recalling 1.8 million cars, could that have anything to do with it?

    America is plagued by homeless and drug addicts, could that have anything to do with it?

    America is having a gender identity crisis, fueled with a woke attitude, could that have anything to do with it?

  6. Wait…I thought it was the greatest economy in the history of US presidents? Theres no way Biden and Kamala were lying to the American citizens and letting the world hinge their bets on a tremendous fabrication.

  7. I’ve always found it unsettling that the stock market, something most people who work within can’t explain how it works, is the rubric that our economic system is based upon.