Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Stagflation Keeps Markets Down
Description
Investors around the world saw stocks remain uneven as higher inflation, supply issues and the Evergrance problem hampered global economic recovery. Stock markets were hitting 2 and a half month lows to end September, and Treasury yields jumped 20 basis points. Evergrande ($EGRNF@China) trading has been suspended, and the firm missed interest payments on offshore debt yet again. A pan-European equity index returned to level, Hong Long lost 2.7% and the Nikkei lost 1%. Additionally, the PCE price index rose 3.6% and Euro Zone inflation, as previously reported, rose to 13-year highs.
Keywords & Tags
#stock market
#finance
#business
#investors
#economic recovery
#Europe
#real estate
#stock exchange
#higher inflation
#Evergrande
#Treasury yields
#Stagflation
#Markets Down
#Global Recovery Stalls
#supply issues
#global economic recovery
#trading suspended
#interest payments
#offshore debt
#equity index
#Nikkei index
#Hong Long
#PCE price index
#Euro Zone inflation
#13-year highs
More from User
00:37
Tesla FSD Clears Belgium
Benzinga
01:03
Uber Sues NYC
Benzinga
00:52
MS Limits Claude Access
Benzinga
01:14
London AI Rush
Benzinga
00:54
DJT Reaffirms Merger
Benzinga
00:56
Meta, Google Denied New Trial
Benzinga
Related Videos
00:40
Stock Market Sell-Off: Correction or Sign of Economic Trouble? Economists Urge Caution as Stock Markets Drop But Recession Fears Premature
Benzinga
03:59
Economic Outlook: Tariffs, Inflation, and the Markets
CGTN Europe
06:11
US Economic Recovery Good For Emerging Markets : StanChart Bank
ET NOW
00:29
US stock markets up ahead of inflation report
PTVPhilippines
00:43
Asia Stock Markets Slide as Reserve Bank of Australia Warns of High Inflation
Benzinga
01:04
Shanghai Composite Index Drops 7%, American Stock Markets Suffering Drops
BNO News