November 27th, 2024

Business

Dow drops 1,000, and Japanese stocks suffer worst crash since 1987 as markets quake around the world

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – A scary Monday that started with a plunge abroad reminiscent of 1987 ‘s crash has swept around the world and pummeled Wall Street with more steep losses, as fears worsen about a slowing U.S. economy. The S&P 500 was down by 3.1% in late trading and on track for its worst ... Read More »

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Dow drops 864 points, and Japanese stocks suffer worst crash since 1987 amid U.S. economy worries

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 2.4% in afternoon trading. The Dow Jones Industrial Average was reeling by 864 points, or 2.2%, as of ... Read More »

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‘Nothing moves’: Uncertainty hangs over shippers as potential rail strike looms

By Christopher Reynolds, The Canadian Press on August 5th, 2024

MONTREAL – Shippers and producers are holding their breath ahead of a possible strike by thousands of railworkers this month that would halt freight traffic, clog ports and disrupt industries. “The railways are two ribbons that go east to west, and there’s not much alternative if you cut those two ribbons,” said John Corey, president ... Read More »

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Dow drops 760 points, and Japanese stocks suffer worst crash since 1987 amid U.S. economy worries

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 2.1% in midday trading. The Dow Jones Industrial Average was reeling by 763 points, or 1.9%, as of ... Read More »

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Dow drops 860 points, and Japanese stocks suffer worst crash since 1987 amid U.S. economy worries

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 2.4% in midday trading and on track for its worst day since 2022. The Dow Jones Industrial Average ... Read More »

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Uncertainty hangs over rail industry as shippers fret over potential strike

By The Canadian Press on August 5th, 2024

Shippers and producers are holding their breath ahead of a possible strike by thousands of rail workers this month that would halt freight traffic, clog ports and disrupt industries. A decision by the country’s labour tribunal on whether a strike would jeopardize Canadians’ health and safety is expected by Friday. The Canada Industrial Relations Board ... Read More »

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Dow drops 1,000 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worries

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 3.1% in morning trading and on track for its worst day in nearly two years. The Dow Jones ... Read More »

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Dow drops 900 points, and Japanese stocks suffer worst crash since 1987 on U.S. economy worries

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 3.1% in morning trading, coming off its worst week in more than three months. The Dow Jones Industrial ... Read More »

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Dow drops nearly 1,000, and Japanese stocks suffer worst crash since 1987 on U.S. economy fears

By Stan Choe, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 was down by 3.1% in early trading, coming off its worst week in more than three months. The Dow Jones Industrial ... Read More »

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Dow sinks 1,000 points, extending a global rout, as worries deepen about a US economic slowdown

By Elaine Kurtenbach And Matt Ott, The Associated Press on August 5th, 2024

NEW YORK (AP) – Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world. The S&P 500 sank 4.1% in early trading Monday. The Dow Jones Industrial Average pulled back more than 1,100 points and the Nasdaq composite slid ... Read More »

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Wall Street headed sharply lower again after Japan’s Nikkei index tumbles to worst loss since 1987

By Elaine Kurtenbach And Matt Ott, The Associated Press on August 5th, 2024

BANGKOK – U.S. stocks are set to open sharply lower Monday, adding to steep declines in Asia and Europe and deepening a sell-off tied to worries about a recession in the U.S. economy. Japan’s main index plunged more than 12%, its worst day since 1987. S&P 500 futures are down 3.1% and Nasdaq futures are ... Read More »

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