{"id":5830,"date":"2018-12-27T22:19:31","date_gmt":"2018-12-27T22:19:31","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/us-stock-markets-rally-after-slide\/"},"modified":"2018-12-27T22:19:31","modified_gmt":"2018-12-27T22:19:31","slug":"us-stock-markets-rally-after-slide","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/us-stock-markets-rally-after-slide\/","title":{"rendered":"US stock markets rally after slide"},"content":{"rendered":"\n
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US stock markets have rallied following a volatile day which saw their European counterparts lose ground as global political and economic uncertainty continued to haunt investors.<\/p>\n

The Dow Jones – which fell by more than 500 points or 1.8% earlier on Thursday – finished 1.1% up.<\/p>\n

The S&P 500 and tech-heavy Nasdaq also rallied by the end of the day.<\/p>\n

The S&P 500 had fallen by 48 points or 2% at one point, while the Nasdaq also sank by more than 2% or 135.4 points.<\/p>\n

The earlier sell-off was sparked by weak US consumer confidence data for December. However, analysts had cautioned that volatile share price movements were exacerbated by thin holiday trading.<\/p>\n

Earlier, European markets slumped in their first post-Christmas trading session.<\/p>\n

London’s FTSE 100 slid as the day progressed, ending 1.5% down, with UK shares at their lowest in over two years.<\/p>\n

Frankfurt’s Dax was 2.8% lower, while the Cac 40 in Paris suffered a smaller fall, down just 1.1%.<\/p>\n

Concerns about US-China trade tensions also resurfaced, with reports saying US President Donald Trump is considering an executive order banning the use of Chinese technology. <\/p>\n

The US, Australia, Japan and New Zealand have restricted use of ZTE and Huawei equipment in 5G mobile networks, and the UK is now considering doing the same<\/a>.<\/p>\n

On 20 December, the US indicted two Chinese men accused of hacking into computer networks of Western companies and government agencies, and accused Beijing of cyber-spying.<\/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 US stock markets have rallied following a volatile day which saw their European counterparts lose ground as global political and economic uncertainty continued to haunt investors. The Dow Jones – which fell by more than 500 points or 1.8% earlier on Thursday – finished 1.1% up. The S&P 500 and tech-heavy … <\/p>\n","protected":false},"author":0,"featured_media":5831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5830","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\/5830","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=5830"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/5831"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=5830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=5830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=5830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}