Markets continuing to fall

An office worker walks past an Australian Securities Exchange (ASX) window.

World markets are open for Monday trading, and they’re down.

US futures are in the red with Dow futures down 120 points and S&P 500 futures down 13 points.

Asian markets are also set to trade in the red.

All this follows last week’s bloodletting, which saw the S&P 500 fall 6%. It was the worst first five trading days in history.

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7 Comments

  1. When does it end? I understand that there is a strong correlation with crude oil decline and the loonie, and how its because it all stems from a weak Chinese economy but i just get a sense there is just a lot of unnecessary jitters that is making all stocks drop across the board.

  2. Does anyone know if this affect tech stocks too?

  3. China had been on an excess path for years and it has finally caught up with them. I figure it will take another 6-months with things going up/down.

  4. And so it begins again for another week!

  5. With the Liberals in charge and their plan is to put us in debt intentionally for several years then is it really the right time to do their plan with the markets in a downward spiral?

  6. Oh no its 2008 all over again!! Just kidding. THis is normal market cycle. Things will move in the right direction in a few weeks. Been there done that.

  7. I remember they were talking like the CAD would hit a low of $0.68 by the end of 2016. We are on the verge of getting there withint he first 2 weeks. Yikes!

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