Market decline

Iranian stock market decline shows unease over nuclear talks

Another major drop in the Iranian stock market on Sunday highlighted the precarious state of the economy amid uncertainty over the future of nuclear talks. Tehran’s stock index fell about 30,000 points, taking it to nearly 1.2 million points, from more than 1.4 million in early August when President Ebrahim Raisi (Raeesi) took office promising […]

Market decline

Strong results help limit decline in European stock markets

European companies, including recruiter Randstad, household products giant Unilever and truck maker Volvo, reported better-than-expected results on Thursday, helping to limit the decline in markets. The Stoxx Europe 600 SXXP, + 0.63% slipped 0.2%, inspired by weakness in US ES00 equity futures, + 0.04%. Unilever ULVR, + 0.48% Shares climbed 2% after posting underlying sales […]

Market decline

Westchester Residential Market: Inventory Declining, But No Slowing Demand

The local residential real estate market has seen such a boom that its strength was deemed unbearable in the latest Q3 2021 report from the Hudson Gateway Association of Realtors. “With the exception of the second quarter of 2020, the real estate market has been an anomaly outperforming the economy,” HGAR said. “Sales and prices […]

Market decline

Why the recent market decline was probably just a shake up before a major rally

The recent market downturn has many people wondering if this is the start of a bigger correction or just an upheaval before a rally in the fourth quarter. I lean towards the latter for the following reasons: seasonality, Fed, technicals and sentiment. Seasonality is negative in the short term, but positive until the end of […]

Market decline

Rates, Fed and market decline: the stock market collapses

September was a month of decline for the stock market, and market risk became significantly higher. For a number of months, we watched the grind pick up speed as the shrinking market scope continued to warn of a weakness in the domestic market. Over the past month, the market finally collapsed. Below is a chart […]

Market decline

A major stock market decline is still hiding: strategist

The market is fighting fiercely to ignore a carousel of concerns ranging from the expiration of the debt ceiling to the potential contagion of a burst of over-indebted Chinese real estate development Evergrande. But any recovery from recent lows may prove short-lived, says Binky Chadha, chief market strategist at Deutsche Bank. The seasoned strategist reiterated […]

Market decline

Profit-taking persists as stock market falls by N17 billion

Darasimi Adebisi The Nigerian stock market yesterday extended bearish sentiment to two consecutive trading sessions as investor wealth fell by N17 billion. The negative performance is due to the sell-off sentiment in the banking sector. In summary, the NGX All-Share (ASI) index lost 32.57 points, down 0.08% to close at 38,873.85 points. Likewise, the overall […]

Market decline

Why I’m so excited about this drop in the ASX stock market

The S & P / ASX 200 Index (ASX: XJO) fell 2.1% yesterday. I think this is an exciting time to find opportunities in the ASX stock market. There are early indications that the ASX 200 could drop another 1% today, or at least start to drop 1%. Why the fall of the ASX stock […]

Market decline

Chinese real estate market blamed for decline in global crypto market

China-based crypto veteran Collins Wu revealed via Twitter that Hong Kong’s main exchange, the Hang Seng Index, hit a one-year low today after dropping 7%. Prior to this drop, the index’s largest drop was 18%. Tweet from Collins Wu. Source: Twitter He further revealed that an 11% loss of shares in the famous real estate […]