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Yangzhou Fongmming Cable: Burst! European and American stock markets plummeted, and crude oil collapsed! The U.S. Treasury Secretary made a rare voice: Tariffs on China hurt consumers!
Home » News » The Daily News » Yangzhou Fongmming Cable: Burst! European and American stock markets plummeted, and crude oil collapsed! The U.S. Treasury Secretary made a rare voice: Tariffs on China hurt consumers!

Yangzhou Fongmming Cable: Burst! European and American stock markets plummeted, and crude oil collapsed! The U.S. Treasury Secretary made a rare voice: Tariffs on China hurt consumers!

Views:0     Author:Site Editor     Publish Time: 2021-07-20      Origin:Site

In the daytime on July 19, Beijing time, the Asia-Pacific market closed, Vietnam's stock market plummeted nearly 4%, and the stock markets of Japan, South Korea and Hong Kong closed sharply lower across the board. After the opening of the European stock markets, they also opened lower. The Stoxx Europe 50 Index plummeted by nearly 3% at one time, and the major European market indexes all fell by more than 2%. The U.S. stock market index also plummeted across the board before the market, among which the Dow futures plummeted close to 500 points. In this process, international oil prices have also shown a sharp drop.

That night, the three major US stock indexes opened lower collectively. As of press time, the Dow has fallen by 2.32%, the Nasdaq has fallen by 1.35%, and the S&P 500 has fallen by 1.74%. International crude oil futures fell more than 6%, dragging down oil stocks. Schlumberger fell more than 6%, Exxon Mobil and British Petroleum fell more than 4%, and Chevron fell more than 3%. Large technology stocks fell, Google, Apple fell more than 2%, Amazon, Facebook, Tesla, etc. fell more than 1%.

 

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