Japan’s benchmark Nikkei 225 index surged over 10% just a day after triggering market tumbles in Europe and on Wall Street.
Global stock markets experience their steepest decline since Black Monday.
The global stock market rout has intensified, with Japan’s benchmark index experiencing its worst day since Black Monday due to fears of a US recession.
What happened overnight – Friday 2nd August 2024
Asian shares plunged after weaker-than-expected US factory data ignited fears of a worsening economic outlook.
Global Stocks Tumble Amid Fears of US Economic ‘Collapse’
Global stock markets have plummeted due to fears that the US Federal Reserve may have delayed cutting interest rates for too long, potentially harming the world’s largest economy.
What happened overnight – Wednesday 31st July 2024
The Bank of Japan raised interest rates and projected that inflation will remain around its 2% target in the coming years, indicating its determination to gradually unwind a decade of
What happened overnight – Monday 29th July 2024
Asian stocks commenced the week with gains as investors eagerly awaited interest rate decisions from Britain, the United States, and Japan. This upward momentum followed a broad rally on Wall
What happened overnight – Friday 26th July 20224
Shares were mostly higher in Asia as markets rebounded from the heavy sell-off on Thursday.
What happened overnight – Thursday 25th July 2024
US stock markets experienced their worst losses since 2022 on Wednesday as investors rapidly sold shares in companies that had surged with the AI boom.
What happened overnight – Wednesday 24th July 2024
Asian stocks mostly fell on Wednesday as markets processed business data from Japan and Australia.
What happened overnight – Tuesday 23rd July 2024
Shares were mostly higher in Asia after US stocks closed broadly higher, as Big Tech stocks rebounded from recent sharp declines.
Markets Slump Overnight Following Biden’s Withdrawal from Presidential Race
Asian stock markets declined overnight after Joe Biden announced his exit from the 2024 US presidential race.
What happened overnight – Thursday 18th July 2024
Asian equities declined as investors worried about escalating trade tensions between the US and China.