Stock markets drop to their lowest levels of the year

Posted on September 23, 2022, 5:25 pmUpdated on Sep 23, 2022 at 10:11pm

Accelerated monetary tightening by central banks and fears of an impending recession have sent market prices skyrocketing It wreaked havoc on stock markets this week . In Europe, the broad STOXX 600 and the Parisian CAC 40, down more than 20% from their recent peak, have officially entered bear market territory.

The The bond market is about to crash, In both the United States and Europe. The New York Stock Exchange closed sharply lower on Friday. The Dow created a new low for the year in the session, before rebounding a bit and ending 1.62% lower. As for the Nasdaq, it lost 1.80%, while the broader S&P 500 was down 1.72%.

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