World Stocks Slide On China Worries

Credit: Wochit Business
Published on January 28, 2019 - Duration: 00:44s

World Stocks Slide On China Worries

According to Reuters, Stock markets slid worldwide on Monday as reduced outlooks from Caterpillar and Nvidia Corp underscored investor concerns about China’s economy, while oil headed for its biggest one-day drop in a month on evidence of more growth in U.S. crude supply.

Equity markets also were hammered by a plunge in Brazilian miner Vale SA that wiped out about $13.8 billion in market value after a tailing dam collapsed last week and killed at least 60 people.

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World Stocks Slide On China Worries

JAN.

6, 2019, PHOTO Broadcasters: MUST ON SCREEN COURTESY RADIO ITATIAIA / BTN / NO RESALE Digital: MUST ON SCREEN COURTESY RADIO ITATIAIA / BTN / NO RESALE .

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