KQED Nightly Business Report June 22, 2024
Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12...