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GLOBAL MARKETS-MSCI global stock index has biggest first-half drop on record

The Star Business LogoThe Star Business1 mo ago

GLOBAL MARKETS-MSCI global stock index has biggest first-half drop on record

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NEW YORK: The MSCI global stock index notched its biggest first-half of a year percentage drop on record on Thursday, while the U.S.

Central bank chiefs from the Fed, the European Central Bank and the Bank of England met in Portugal this week and voiced their renewed commitment to control inflation no matter what pain it caused.

The Dow Jones Industrial Average .DJI fell 253.88 points, or 0.82%, to 30,775.43, the S&P 500 .SPX lost 33.45 points, or 0.88%, to 3,785.38 and the Nasdaq Composite .IXIC dropped 149.16 points, or 1.33%, to 11,028.74.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Fed Oil Dow Stocks Interest rates U.S. /Business/Business News Markets Gold MSCI Nasdaq

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 05:53:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 4 minutes read

Article Length: 549 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 23795

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 34 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 13h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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