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The STOXX Global 1800 Index slumps 13% in month, paring an earlier drop of as much as 25%, as large parts of the global economy come to a standstill to fight the COVID-19 pandemic.
Stocks plunged by the most in over eight years during February, as a fast and widely spreading Coronavirus stoked concerns the global economy will suffer a slowdown.
The continued growth in exchange-traded funds (ETFs) and other passive-type investments was a defining feature of the year that ended.
STOXX Global 1800 Index falls 0.6% in month after rallying in 2019; Coronavirus sparks fears of economic slowdown in China.
Stocks rose for a fourth consecutive month in December, extending indices’ record-breaking rally this year, as the US and China struck an initial trade deal and reports pointed to an acceleration in the global economy.
A decade-long bull market defied the odds and grew stronger in 2019, as investors took on risk despite growing geopolitical headwinds.
The European Commission (EC) on Dec. 11 unveiled the ‘European Green Deal,’ an initial roadmap in a plan to make the region carbon-neutral by 2050.
Stocks rose for a ninth month this year in November amid hopes for a thaw in the trade war between the US and China, and optimism that the global economy may gather pace.
They are among the strongest engines of the world’s economy, but in equity markets, developing nations have trailed rather than led this decade.
Stocks posted their eighth monthly gain this year in October, with US indices climbing to a record high, amid positive macroeconomic and corporate news.
The planet’s water bodies are the destination for an important share of human waste and pollution. Rubbish, factory refuse, septic tanks, car fumes, pesticides – they all eventually flow into rivers, seas and oceans.
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