{"id":314346,"date":"2016-01-06T04:14:59","date_gmt":"2016-01-06T04:14:59","guid":{"rendered":"http:\/\/ghana-mma.com\/gloomy-2016-start-for-global-stocks\/"},"modified":"2016-01-06T04:14:59","modified_gmt":"2016-01-06T04:14:59","slug":"gloomy-2016-start-for-global-stocks","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2016\/01\/06\/gloomy-2016-start-for-global-stocks\/","title":{"rendered":"Gloomy 2016 Start For Global Stocks"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"content-area\" readability=\"89\">\n<div class=\"post-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"400\" src=\"http:\/\/dailyguideafrica.com\/wp-content\/uploads\/2016\/01\/man-620x400.jpg?3d6053\" class=\"attachment-post-thumb wp-post-image\" alt=\"man\"\/><\/div>\n<p><!--post-image--><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t    <!-- Easy Plugin for AdSense V8.60 --><!-- [leadin: 0 urCount: 0 urMax: 0] --><br \/>\n<!-- Easy Plugin for AdSense V8.60 --><\/p>\n<p><strong>An investor holds his head in disappointment<\/strong><\/p>\n<p>Global equity markets fell on Monday while gold and bonds rose after a seven percent slide in Chinese shares, sparked by weak economic data, rekindled worries over global growth on the first day of trading in 2016.<\/p>\n<p>Rising tensions in the Middle East also increased demand for safe-haven assets.<\/p>\n<p>Global benchmark Brent crude rose above $38 a barrel as some speculated a breakdown in diplomatic ties between Saudi Arabia and Iran could result in oil supply restrictions.<\/p>\n<p>Worries that the weak Chinese data could portend slower world economic growth hurt Wall Street and sent key indexes down more than 2 percent in early trading.<\/p>\n<p>The Dow Jones industrial average fell 351.01 points or 2.01 percent to 17,074.02, the S&amp;P 500 slid 38.46 points, or 1.88 percent, to 2,005.48 and the Nasdaq Composite lost 127.45 points, or 2.55 percent, to 4,879.96.<\/p>\n<p>China\u2019s yuan currency hit its lowest in more than four years after the central bank lowered its guidance rate and factory activity contracted for a 10th straight month in December, at a sharper pace than November.<\/p>\n<p><!-- Easy Plugin for AdSense V8.60 --><br \/>\n<!-- [midtext: 1 urCount: 1 urMax: 0] --><\/p>\n<p><!-- Easy Plugin for AdSense V8.60 --><\/p>\n<p>Stocks in Europe fell sharply, with Germany\u2019s DAX index tumbling 4.0 percent and the pan-European FTSEurofirst 300 index slipping 2.4 percent.<\/p>\n<p>The sell-off in China triggered a circuit-breaker that suspended equities trading nationwide for the first time and put at risk months of regulatory work to restore market stability.<\/p>\n<p>In the United States, the iShares China large-cap ETF fell 3.7 percent, it\u2019s biggest single-day slide since a 4.5 percent drop in September.<\/p>\n<p>Investors are warranted to worry about global growth as the factory numbers may not fully indicate how quickly China has been slowing down, said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont.<\/p>\n<p>\u201cThe China seven percent drop last night and the close of the market, along with Saudi Arabia, are causing investors to rethink to their growth estimates and the geopolitical risk that\u2019s really out there,\u201d Mendelsohn said.<\/p>\n<p><strong>\u2013<em>Reuters<\/em><\/strong><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><!-- Easy Plugin for AdSense V8.60 --><br \/>\n<!-- [leadout: 2 urCount: 2 urMax: 0] --><\/p>\n<p><!-- Easy Plugin for AdSense V8.60 -->\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] An investor holds his head in disappointment Global equity markets fell on Monday while gold and bonds rose after a seven percent slide in Chinese shares, sparked by weak economic data, rekindled worries over global growth on the first day of trading in 2016. Rising tensions in the Middle East also increased demand for [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-314346","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gloomy 2016 Start For Global Stocks - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2016\/01\/06\/gloomy-2016-start-for-global-stocks\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Gloomy 2016 Start For Global Stocks - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"[ad_1] An investor holds his head in disappointment Global equity markets fell on Monday while gold and bonds rose after a seven percent slide in Chinese shares, sparked by weak economic data, rekindled worries over global growth on the first day of trading in 2016. 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