Stocks worst February Start since 1933

U.S. stocks saw their worst start to February since 1933 after a manufacturing report heightened concern about the economy before Friday’s monthly jobs report. Overall factory activity hit an eight-month low in January as new order growth plunged by the most in 33 years.

World Stocks in Free-fall after US starts worst February in 33 years

World Stocks in Free-fall after US starts worst February in 33 years

All three major indices fell over 2 percent and the Dow Jones Industrial Average dropped below its 200-day moving average for the first time since 2012. In a sign of heightened investor jitters, the CBOE Volatility Index, or VIX, rose above 20 on Monday for the first time in four months, while the yield on the 10-year Treasury note fall to a three-month low.

Read More at CNBC

About the Author

Politisite delivers the latest Breaking Political News, Debate Coverage, Election Results, Commentary and Analysis. We provide in-depth news with special reports and interactive political coverage. Politisite was a pioneer in internet political news gathering and dissemination. Politisite came live in early 1998 and become the first internet only news source to cover local, state, and national political campaigns, debates and elections. Before there were the terms Blog, Blogger, New Media, or Crowd-sourcing, Politisite was developing what has become the standard in political news coverage, long before most political sites were even conceived. The Name ‘Politisite” simply means Political Website.

Author Archive Page

Post a Comment