The Market Is Worried That The European And American Stock Market Will Fall Again, Which Will Lead To Stagflation.
European and American stock markets are down again.
New York
At the close of the stock market, the three major stock indexes of the United States were all down: the Dow Jones index dropped 419.63 points to 10990.58 points, down 3.68% from the previous trading day, and hit 11000 points again. The standard & Poor's 500 stock index fell 53.23 points to 1140.65 points, or 4.46%, and the Nasdaq composite.
index
Plunged 131.05 points to 2380.43 points, or 5.22%.
Europe's three largest stock market also fell sharply, the Financial Times Index closed at 5092 points, down 239 points, or 4.5%.
The French stock market fell 5.5%; Germany fell 5.8%.
Analysis indicates that the market is worried about the economic prospects of Europe and America.
Stagflation
。
In July, the US consumer price index increased by 0.5%, an annual increase of 3.6%, and two figures were higher than market expectations.
The European sovereign debt crisis is still continuing, and Morgan Stanley has lowered global economic growth expectations, which will slow the growth of investors' global economy.
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