negative
Global markets slide as tech sell-off deepens and Chinese growth falters
Global equity markets descended sharply after a broad technology stock sell-off and mounting concerns over China’s economic pace. According to the Guardian, investors cited the worst session for US equities in a month and a rare slump in Chinese investment flows. The technology sector led the drop, dragging indices in Europe, Asia and the US. With risk appetite waning and growth expectations under pressure, market strategists say the tilt toward defensive sectors may persist.
Analysts warn that this environment raises the cost of capital for new issuance and startups alike.
Explore:Mutual Fund Categories
negative
Global markets slide as tech sell-off deepens and Chinese growth falters
Global equity markets descended sharply after a broad technology stock sell-off and mounting concerns over China’s economic pace. According to the Guardian, investors cited the worst session for US equities in a month and a rare slump in Chinese investment flows. The technology sector led the drop, dragging indices in Europe, Asia and the US. With risk appetite waning and growth expectations under pressure, market strategists say the tilt toward defensive sectors may persist.
Analysts warn that this environment raises the cost of capital for new issuance and startups alike.
Explore:Mutual Fund Categories
1 min read
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Markets fall globally amid tech rout and China growth worries, prompting tilt to defensives.
Global equity markets descended sharply after a broad technology stock sell-off and mounting concerns over China’s economic pace. According to the Guardian, investors cited the worst session for US equities in a month and a rare slump in Chinese investment flows. The technology sector led the drop, dragging indices in Europe, Asia and the US. With risk appetite waning and growth expectations under pressure, market strategists say the tilt toward defensive sectors may persist.
Analysts warn that this environment raises the cost of capital for new issuance and startups alike.
Global equity markets descended sharply after a broad technology stock sell-off and mounting concerns over China’s economic pace. According to the Guardian, investors cited the worst session for US equities in a month and a rare slump in Chinese investment flows. The technology sector led the drop, dragging indices in Europe, Asia and the US. With risk appetite waning and growth expectations under pressure, market strategists say the tilt toward defensive sectors may persist.
Analysts warn that this environment raises the cost of capital for new issuance and startups alike.
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markets
global economy
tech sell-off
China
equities