In the last one to two months, global financial market participants have become less optimistic than they were before. As a result, for example, the previously quite dynamic US stock market in terms of growth has experienced a decline in stock prices. The decline has not been too rapid, but one that suggests that stock buyers have become significantly more cautious than before.
Among the major indices of the US stock market, the index representing the market heavyweights has the best performance Dow Jones Industrial Average, which, at the end of the August 17 trading session, was 1.37% lower than a month earlier in terms of points. Meanwhile, the 500 largest companies index Standard & Poor’s 500 the value had lost about 4% but NASDAQ Compositein which a large mass is formed by the once rapidly growing companies of the technological sector, had fallen by more than 7% during the month.
The fall is also observed in China, which many had hoped for, believing that this Asian power would be the pillar of the global economy during this period when the world is recovering from the Covid-19 pandemic. However, in China, the index Shanghai Composite value has decreased by about 1%.
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2023-08-23 06:03:20
#risks #creeping #financial #markets
