Paris. Stock markets around the world plunged on Monday as investors feared that a slowing US job market could lead to a recession. “There is chaos in the financial markets,” said Stephen Innes, an analyst at SPI AM, with the “trigger” being the US jobs report released on Friday, which showed a bigger-than-expected slowdown, with … Read more
Madrid. Bitcoin plummeted by more than 8% on Monday, in line with the world’s major stock market indices, due to doubts about the US economy and technology companies after the main companies recently published results. In this way, the crypto asset par excellence fell by 7.37% today, to $54,334.3, at around 7:00 p.m. Spanish peninsular … Read more
Mexico City. Financial markets in the Americas continue to post losses at mid-session. With markets already closed in Asia and Europe, Wall Street and the foreign exchange markets continue to post significant losses, although they have reduced them compared to the start of the session on Monday. At mid-session, the Mexican peso fell from its … Read more
U.S. bank stocks tumbled on Monday as fears of a recession prompted investors to flee a sector closely tied to the health of the economy and into safe haven assets. Citigroup CN led the big banks with a drop of about 5%. Wells Fargo WFC.N, Morgan Stanley MS.N and Goldman Sachs GS.N each lost about … Read more