After the Japanese stock market crash on Monday and the stock market crash in Europe and the United States, the stock market crash recession followed.
Sunrisegeek says the Nikkei 225 index has lost about 12.4%, and the stock market crash has affected world markets. The Nasdaq index registered the highest value for the Yen in the last seven months against the U.S. dollar. Also, on Monday, Europe was affected by the stock market 2024, which crashed.
The German DAX dropped to 17,267.00, and the CAC in Paris reached 7,114.33. SunriseGeek declared that the stock market 2024 was affected in the U.S. by the stock market crash S&P 500. The stock market crash S&P 500 arrived at 2.5%, and the Dow Jones Industrial Average dropped 1.6%.
Experts say the Nasdaq index fell after the stock market crash S&P 500 ended the day by 2.3% higher. Also, the stock market crash recession is visible for the Dow Jones Industrial Average rose 1.8%, and the Nasdaq index jumped 2.9%. The stock market today for Asia climbed higher. It recovers some of the losses from earlier in the week. The stock market today registered that the Hang Seng Index jumped 1.7%, while the Kospi rose more than 1%. The stock market crash recession is not visible because Nikkie 225 and Topix are mainly flat in Japan.
"The latest jobless claims data, though not normally a major market event, supports the view that recent pessimism may have been overdone," declared the chief investment office of UBS Global Wealth Management.
The stock market predictions show that U.S. Labor Department first-time claims for unemployment benefits had fallen more than expected to 233,000 last week. Even if the stock market recovers, the stock market forecast next 6 months, and that trading will remain choppy. Also, the U.S. stock market gained 0.7% to 144.75 yen. It was the first day this month that it traded higher against the Japanese currency.
Also, the U.S. stock market predictions that the dollar could weaken more broadly in the coming days and weeks. These stock market predictions expected a sharper pivot by the U.S. Federal Reserve than previously. The markets say the stock market predictions to cut rates by 50 basis points in the September meetings. The U.S. stock market experts expect this to imply a 61% chance of such a big move.
At the end of July, experts made a stock market forecast next 6 months. They project 11.5% earnings growth and 5.5% income growth for S&P 500 companies. The stock market forecast next 6 months could have positive earnings and income growth for all eleven market sectors.