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Stocks plunge, oil & gold spike after Trump taunts Russia with missile strikes in Syria

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Global stocks dropped while oil and gold surged on Wednesday following the escalation of tensions in the Middle East between nuclear superpowers Russia and the US. The S&P 500, Dow Jones and the Nasdaq Composite were losing almost a percent after US President Donald Trump tweeted a warning to Russia on Wednesday to “get ready” for Syrian missile strikes. “Russia vows to shoot... 

Billionaire Soros doubles bet against US stocks

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Soros Fund Management has increased its bearish bet against US companies on the S&P 500 index. Its billionaire owner will make money if the index collapses. The Standard & Poor’s 500 is an American stock market index based on market capitalization of 500 large US companies having common stock listed on the New York Stock Exchange or on NASDAQ. The 86-year-old investor’s fund has reported... 

Wall Street Panics Over Global Recession Fears

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Wall Street plunged Tuesday after investors feared weak data from China, the world’s second-largest economy, would lead to a global recession. China’s manufacturing sector suffered its quickest deterioration in over six years, leading to a three-year market low and other sectors of the Chinese economy also slowed down significantly. In response, all three major U.S. stock indices, the Dow Jones,... 
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