JOE WEISENTHAL
REUTERS/Kena Betancur
The global market plunge continues.
Yesterday we saw the Dow give up more than 300 points, and markets again awash in a sea of red.
France is down 1.6%. German shares are down over 2%.
Hong Kong’s Hang Seng fell nearly 2%, while Japan lost just over 1%.
US futures are all lower, by just under 1%.
It’s ugly on the commodity side of things as well. Crude futures have dropped below $85. Industrial commodities and precious metals are down as well?
Why is everything selling? Nobody can say for sure, but the dominant themes are global growth slowdown, and a tightening Federal reserve.
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