Sentences with phrase «global selloff»
"Global selloff" refers to a situation where investors around the world are selling off their investments simultaneously. This can happen when there is widespread fear or uncertainty in the financial markets, leading to a downward trend in stock prices and other types of investments. Full definition
Norway's fund, the biggest of its kind, reported its first quarterly loss in two years as it suffered from a global selloff in equities in the three first months of the year.
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U.S. stocks tumbled Friday to their biggest loss in more than seven months, extending a global selloff that investors fear signals turmoil to come as financial markets adjust to a pullback in central - bank stimulus.
We should expect volatility in the short term, but the global selloff might be a good opportunity to nibble at stocks that could rally once the initial shock has subsided.
Digix was the diamond in the rough on Thursday, as a global selloff rocked every major cryptocurrency.
The global selloff of stocks in February triggered by worries over a potential interest rate hike by the US Federal Reserve also influenced market reactions to recent events as well.
The US stock market recently posted its worst week since Jan. 2016, when weak economic data from Chain sparked a global selloff, an event that rekindled worries over global economic growth.