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Home»Posts tagged with»plinge

Russian Invasion of Ukraine Sends World Markets into Freefall

By VOA on Feb 24, 2022   Featured, National/World, World  

Russian Invasion of Ukraine Sends World Markets into Freefall

BEIJING — The shockwave from Russia’s invasion of Ukraine reverberated in the world’s financial markets Thursday. London’s benchmark FTSE index was down 3.3% in midday trading, while both the CAC-40 index in Paris and Frankfurt’s DAX index were 5.5% lower. Markets in Asia and Australia all closed in negative territory in the aftermath of Russia’s attacks […]

Facebook Share Price Plummets, Leading Broad Rout of US Tech Stocks

By Rob Garver | VOA on Feb 4, 2022   Featured, National, National/World  

Facebook Share Price Plummets, Leading Broad Rout of US Tech Stocks

WASHINGTON — The same technology companies that helped drag the U.S. stock market back from the depths of the pandemic recession in 2021 led the market into a sharp plunge on Thursday after Meta Platforms, the company that owns Facebook, revealed that user growth on its marquee product has hit a plateau, and revenue from advertising […]

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