What a Bloodbath!

US stock markets slumped last night.

Index Change (%)
Dow Jones -3.15
S&P 500 -3.29
Nasdaq -4.08

The Asian stock markets slumped too.

Index Change (%)
Shanghai Composite -4.81
Nikkei 225 -3.99
Hang Seng -3.86
STI -2.89

* as at 2.15 pm

It appears that fund managers are panicky. They are selling to reduce exposure to the global economy that is going to be hit by the current trade war between US and China. IMF warned the day before.

The year-to-date performances of the stock markets were in the table below.

World Equity Indices 29-Dec-17 11-Oct-18 * Change (%)
S&P 500  2,687.54  2,785.68 3.7%
Dow Jones  24,719.22  25,598.74 3.6%
Nasdaq 6,903.39 7,422.05 7.5%
Japan Nikkei 225  22,764.94  22,568.36 -0.9%
Singapore STI  3,402.92  3,040.91 -10.6%
Hong Kong HSI  29,919.15  25,215.51 -15.7%
China SHCOMP  3,307.17  2,594.76 -21.5%

* as at 2.15 pm

Copyright © 2018, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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