Markets everywhere are taking a beating. During the start of Monday’s trading session, everywhere from Toronto to New York, from Shanghai to Berlin, just completely obliterated. With a dwindling amount of quantitative easing money seeping into markets, we’re probably going to see more of this moving forward.
Here is just a brief glimpse at some of the stock markets and how much they’re collapsing during this global selloff (at the time of this writing):
Dow Jones: down 400 points
NASDAQ: down 142 points
S&P 500: down 55 points
Toronto Stock Exchange: down 500 points
Nikkei: down 900 points
Shanghai Composite Index: down 300 points
Hang Seng Index: down 1,150 points
Dax: down 574 points
FTSE: down 330 points
CAC 40: down 300 points
Gold, meanwhile, is trading in positive territory at $1,163.
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