Stock Market Crash: Sensex plunges 1,500 points, Nifty50 slips below 15,800; ITC in green post Q4 show; India VIX surges 10%Sensex nosedives 1,416 pts; Nifty sinks below 15,850 Sensex tanks over 1,400 points on inflation worries; Tech Mahindra down 6% At 2.40 pm, the BSE Sensex was trading 1,485.84 points or 2.74 per cent lower at 52,722.69.
| Symbol | Name | % Change |
|---|---|---|
| GPFOF | Grupo Financiero Inbursa, S.A.B. de C.V. | -23.78% |
| NOG | Northern Oil and Gas, Inc. | -14.40% |
| PDCE | PDC Energy, Inc. | -10.83% |
| WLL | Whiting Petroleum Corporation | -10.53% |
What could cause the next stock market crash?
Perhaps the likeliest reason for the next stock market crash could be an escalating trade spat between the United States and China. After the U.S. initially placed tariffs on $34 billion worth of...
What is the worst stock market crash?
The worst stock market crash in history started in 1929 and was one of the catalysts of the Great Depression. The crash abruptly ended a period known as the Roaring Twenties, during which the economy expanded significantly and the stock market boomed.
What would happen if the stock market crashed?
When the stock market crashed, businesses lost their money. Consumers also lost their money because many banks had invested their money without their permission or knowledge. … Business houses closed their doors, factories shut down and banks failed. Farm income fell some 50 percent. Is 2020 a bad year to buy a house?
Is the stock market going to crash again?
While the market has started to rebound, the future is still uncertain. There are plenty of factors that could cause turbulence within the market, like surging inflation, the continued toll of the COVID-19 pandemic on the economy, and the Federal Reserve raising interest rates later this year. Does this mean a market crash is inevitable?
What happened
Shares of Moderna (NASDAQ: MRNA) fell 13.5% on Monday after health officials indicated that the omicron variant might lead to less severe forms of COVID-19 than feared.
So what
Omicron is a heavily mutated strain of the novel coronavirus. It appears to be more transmissible than the already worrisome delta variant. Moreover, scientists don't yet know if currently available vaccines will be effective against omicron.
Now what
It should be noted that Fauci made it clear that it's too early to know for sure if omicron won't cause severe illness, or if it will in fact do so less often than other variants. U.S.
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
Sales and earnings will decline this year, but a turnaround is in progress
Since crashing hard after earnings last month, Intel ( INTC -5.32% ) spent much of the last three weeks clawing its way back higher -- and even approached its pre-earnings share price last week. All that hard work was undone in a day, however -- today, to be precise -- when Intel unveiled its "2022 and long-term growth strategy" last night.
NASDAQ: INTC
In its presentation, Intel described how, over the long term, it intends to rebuild its business, first reaccelerating sales growth into the "mid-to-high-single digits" range in 2023 and 2024, then stepping even harder on the gas pedal, and racing ahead to 10% to 12% annual revenue growth by 2026.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
