{"id":3669,"date":"2018-10-26T16:45:26","date_gmt":"2018-10-26T16:45:26","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/global-markets-in-sell-off-mode\/"},"modified":"2018-10-26T16:45:26","modified_gmt":"2018-10-26T16:45:26","slug":"global-markets-in-sell-off-mode","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/global-markets-in-sell-off-mode\/","title":{"rendered":"Global markets in sell-off mode"},"content":{"rendered":"\n
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\n US markets are down today
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Global markets remained in sell-off mode on Friday, as investor worries sent shares in Asia, Europe and the US tumbling.<\/p>\n

The benchmark S&P 500 index in the US is down more than 1.5%, falling almost 10% from its peak set earlier in October.<\/p>\n

The Dow Jones is 1% down, while the Nasdaq was slumping 1.7%.<\/p>\n

In London, the FTSE 100 retreated to levels last seen in December 2016, closing down 1.6% at 6,892.9.<\/p>\n

October is typically a bumpy month for the markets and the falls come as investors weigh a widening mix of risks, including rising US interest rates, slowing global growth and trade tensions.<\/p>\n

In Europe, uncertainty over Brexit and Italian debt has fuelled worries.<\/p>\n

On Friday, France’s CAC 40 index fell 1.3%, while the Dax slipped about 1%.<\/p>\n

Earlier, Hong Kong’s Hang Seng index lost 1.1%, while Japan’s Nikkei 225 fell 0.4%.<\/p>\n

In the US, Friday’s steep declines were triggered by disappointing quarterly results from tech giants Amazon and Google-owner Alphabet.<\/p>\n

On the S&P 500, Amazon was one of the biggest losers, with shares falling about 7%, after the firm forecast weaker sales growth than expected for the upcoming Christmas season.<\/p>\n

A US Commerce Department report showing stronger-than-expected growth in the third quarter failed to bolster confidence.<\/p>\n<\/p><\/div>\n


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Source<\/a> by [author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Image copyright Getty Images Image caption US markets are down today Global markets remained in sell-off mode on Friday, as investor worries sent shares in Asia, Europe and the US tumbling. The benchmark S&P 500 index in the US is down more than 1.5%, falling almost 10% from its peak set earlier in October. The … <\/p>\n","protected":false},"author":0,"featured_media":3670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=3669"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/3670"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=3669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=3669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=3669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}