BBCNEWS World Business Report July 7, 2024
hello and welcome to audiences in the uk and around the world. we start on wall street where stock markets have suffered their worst first half of the year in more than five decades. as of the close on thursday, the s&p 500 index of top us firms has lost more than 20% between january and june, a sell—off on a scale not seen since 1970 when president nixon was in the white house. for the tech—dominated nasdaq, it's been even worse — a near 30% fall for the first half is the worst in its history. from new york, samira hussain has more. the sell—off of the stock market over the ...