Skip to main content

U.S. Stocks Crash. Stagflation Worries Grow

 

Daily Mail: Dow plunges 900 points and Nasdaq dives 4% to finish its worst month since the Great Recession as Amazon leads tech sector in brutal selloff 

* Tech stocks plunged on Friday as Amazon shares had their worst day since 2006 

* Nasdaq composite plunged 4.2% to finish worst its month since 2008 crisis 

* The Dow dropped 939 points in a broad selloff to end the month of April 

Losses for technology stocks accelerated on Wall Street Friday, pushing the Nasdaq composite to its biggest monthly loss since the 2008 financial crisis. 

In a day of brutal selling, the Dow Jones Industrial Average fell 939 points, or 2.8 percent, ending April down nearly 5 percent for the month. 

The S&P 500 notched its worst month since the beginning of the pandemic, losing 3.6 percent on Friday and nearly 9 percent since March.  

Read more .... 

Update #1: Tech stocks sink again, Nasdaq has worst month since 2008 (AP)  

Update #2: US STOCKS-Wall Street closes sharply lower on Amazon slump, inflation worries (Reuters)  

Update #3: Dow tumbles more than 900 points and the Nasdaq drops 4% on Friday to close out a brutal month (CNBC)  

WNU Editor: Much of Europe is already experiencing stagflation .... Much of Europe is facing stagflation. France is already there (CNN). More here .... Europe’s Economy Slows to a Crawl as War and Inflation Take a Toll (The New York Times).



from War News Updates https://ift.tt/7qXQCc5
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT
Post a Comment
Read more

US Budget Proposal Seeks F-22 Raptor Stealth Jet Upgrades to Protect Air Dominance

 Lockheed Martin’s F-22 Raptor fighter jet is confirmed to receive major upgrades under the proposed FY2026 budget plan to ensure its sustained edge in air dominance operations, according to the U.S. Air Force Financial Management and Comptroller. Despite the emergence of sixth-generation designs, the Air Force’s dedicated $90 million budget aims to extend the Raptor’s relevance. This move underscores a broader strategy to protect critical stealth assets against evolving threats from China and Russia. It highlights a firm commitment to bridging the gap until Next Generation Air Dominance systems mature.  Read full defense News at this link.  The planned FY2026 viability upgrade marks a clear signal that the F-22 remains a backbone of U.S. air dominance doctrine (Picture source: U.S. Air Force) from World Defence News https://ift.tt/xebSkjs via IFTTT
Post a Comment
Read more

MBDA–Rheinmetall new shipboard laser weapon could enter German Navy service by 2029.

Düsseldorf/Schrobenhausen, Germany, 28 October 2025 - German companies Rheinmetall and MBDA Germany announced that their jointly developed high-energy laser demonstrator has been transferred to the Laser Competence Centre at the Bundeswehr’s Technical Centre for Weapons and Ammunition (WTD 91) in Meppen, following a year-long series of sea trials aboard the German Navy frigate FGS Sachsen. The transition marks a key milestone in Germany’s efforts to field a shipboard directed-energy weapon capable of defending naval assets from drones, small craft, and other emerging aerial threats. According to Rheinmetall, an operational system could be ready for the fleet as early as 2029, providing a cost-effective complement to traditional missile interceptors. Read full Naval News at this link ... German Navy frigate FGS Sachsen conducts sea trials with Rheinmetall and MBDA’s high-energy laser weapon system, mounted on the forward deck in a containerized module during live-fire testing in ...
Post a Comment
Read more