By Johann M Cherian and Pranav Kashyap(Reuters) -The tech-heavy Nasdaq led sharp losses among major U.S. stock indexes on Monday, plunging 4% to a near six-month low, on fears that U.S. President Donald Trump’s tariff policies would spark an economic slowdown.The benchmark S&P 500 has fallen over 8% from its February high. The Nasdaq confirmed a correction last week, having tumbled more than ...
By Lewis KrauskopfNEW YORK (Reuters) - Fears that uncertainty over trade tariffs will spark an economic downturn are causing investors to flee equities, in a major shift for Wall Street which had been fired-up by the prospect of President Donald Trump’s agenda.Stocks continued their steep decline on Monday, with the benchmark S&P 500 down 2% in mid-day trade and the Nasdaq Composite sliding ...
(Reuters) -The British benchmark index fell to a near five-week low on Monday, tracking a global equity selloff as worries about economic growth and uncertainties around U.S. tariffs continued to keep investors on edge. The blue-chip FTSE 100 fell 0.9%, its fifth straight session of declines, and closed at its lowest since February 4. The midcap FTSE 250 lost 1.3%, notching its lowest close since ...
Investing.com -- Elon Musk, the CEO of X (formerly known as Twitter), reported today that the platform experienced multiple outages due to a massive cyberattack. According to Musk, the attack was significantly larger and more coordinated than the daily cyber threats the platform usually faces."There was (still is) a massive cyberattack against X. We get attacked every day, but this was done with a ...