Global markets tumble, mirroring Dow decline

[Peter1469]

Global markets tumble, mirroring Dow decline

Asian markets dropped 6.1% on Tuesday. I have heard on the news this morning that DOW Futures appear steady.

Global markets fell sharply on Tuesday following a volatile day in U.S. trading, renewing questions about whether the long-running global stock rally is heading for a rout and potentially testing President Trump.

The hard tumble began Tuesday in Asia. Japan’s Nikkei stock index closed down nearly 4.7 percent, recovering from a precipitous 7 percent plunge earlier in the day. Hong Kong’s Hang Seng Index closed down 5.1 percent, while Australia, Korea and China also lost ground.


Minutes after the European markets opened, there were sharp declines across most sectors in a morning sell-off.


The Stoxx 600 index, which tracks Europe’s largest companies, fell by more than 2 percent in the first hour and Frankfurt’s Xetra Dax 30 sunk 3.5 percent. London’s FTSE 100 also lost 3.5 percent in opening trading, with banks and financial stocks hit hardest.

Many people claim the DOW reacts to what Asian markets are doing (a day ahead for the US). I think it more likely that Asian markets are reacting to what the DOW does (the day prior for them). I am referring to large changes, not normal operating days.

[gamewell45]

Global markets tumble, mirroring Dow decline

Asian markets dropped 6.1% on Tuesday. I have heard on the news this morning that DOW Futures appear steady.



Many people claim the DOW reacts to what Asian markets are doing (a day ahead for the US). I think it more likely that Asian markets are reacting to what the DOW does (the day prior for them). I am referring to large changes, not normal operating days.

It'll be interesting to see if the slide stops today or not; I was always under the impression that if the market lost too much in any given day, trading would be suspended but I''m not sure what the numbers to activate that.

[Tahuyaman]

It'll be interesting to see if the slide stops today or not; I was always under the impression that if the market lost too much in any given day, trading would be suspended but I''m not sure what the numbers to activate that.

The Dow started today down 500 points. Now it's up a couple hundred. It's fluctuating hundreds of points either way in seconds.

[Kacper]

It'll be interesting to see if the slide stops today or not; I was always under the impression that if the market lost too much in any given day, trading would be suspended but I''m not sure what the numbers to activate that.

The S&P has to be down 7% before 3:25 to trigger the first circuit breaker which stops trading for 15 minutes. Once trading resumes, if the S&P goes down 13% it triggers a second stop. Once the S&P is down 20%, trading is halted for the day.

[Tahuyaman]

This is crazy.

[Peter1469]

Currently the DOW is at 24,912.77 up 567.02 (2.33%)