RED OCTOBER: Amazon, Google, and Snap are plunging and taking global stocks down with them (AMZN, GOOG, SNAP) – Finance


  • Yesterday's stocks have run out in the US markets, but the joy looks like it may be short-lived.
  • Tech stocks fell in premarket trading, and the NASDAQ is set to drop today.

LONDON – Stocks Dropped Again, After Disappointing US High-Tech Giant Income Reports Amazon, Google and Click This week has affected the already gloomy world sentiment in the markets.

American stocks had a rocky “red October,” with catalysts varying from concerns about Chinese trade warraising the Fed interest ratesand a surge in bond yields. These fears weakened at the rally on Thursday with the main indicators of the United States, at least 1.6%.

This relief is considered short-term after Friday's call begins on Friday in New York. Amazon, Google and Click all published profits that frightened investors by sending Amazon shares at 8% at the start of morning trading. Google's parental alphabet has fallen by 5%, while Snap lost 7.7% at about 5:10 am in New York.

Here's how far the markets go:

  • Nasdaq set for a lower opening, with futures down 2.9% in the pre-market in New York. Futures on the S & P 500 fell 1.6%, while the Dow fell 1.2%.
  • In European trade, standard Euro Stoxx 50 decreased by 1.7% as of 10:10 in London; Germany's DAX lost 1.8%; British FTSE 100 decreased by 1.5%.
  • Asian stocks were lowered: Hong Kong's Hang Seng Index decreased by 1.1%; The Shanghai Composite Index decreased by 0.3%, and the Nikkei decreased by 0.4%
  • Oil is falling, oil fell by 0.7% to $ 76 per barrel. Oil and mining companies suffered heavy trade losses on Friday. BP, Shell and Rio Tinto showed a decline of 1.7% or more.
  • Gold, known as safe haven assets, increased by 0.8%.

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