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    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

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    VPTL 2025: Md. Faiz’s knock guides Pagariya Strikers to second win

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    Chinnaswamy stampede case: K’taka govt increases compensation amount to Rs 25 lakh

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    FIH Pro League: Harman slots opener but India slump to 1-2 loss against Netherlands

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    As kids, we understood Lord’s history and how well Australia embraces it, says Hayden

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    VPTL 2025: Meshram’s stellar knock helps NECO Master Blaster beat Nagpur Titans by 9 wkts

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    India not looking to rest on past laurels against Hong Kong, says Sandesh Jhingan

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    UTT Juniors: U Mumba TT set to take on Kolkata ThunderBlades in final

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    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

    UTT Season 6: Rising star Yashaswini topples China’s Fan Siqi as U Mumba beat Chennai Lions

    VPTL 2025: Md. Faiz’s knock guides Pagariya Strikers to second win

    VPTL 2025: Md. Faiz’s knock guides Pagariya Strikers to second win

    Chinnaswamy stampede case: K’taka govt increases compensation amount to Rs 25 lakh

    Chinnaswamy stampede case: K’taka govt increases compensation amount to Rs 25 lakh

    FIH Pro League: Harman slots opener but India slump to 1-2 loss against Netherlands

    FIH Pro League: Harman slots opener but India slump to 1-2 loss against Netherlands

    As kids, we understood Lord’s history and how well Australia embraces it, says Hayden

    As kids, we understood Lord’s history and how well Australia embraces it, says Hayden

    VPTL 2025: Meshram’s stellar knock helps NECO Master Blaster beat Nagpur Titans by 9 wkts

    VPTL 2025: Meshram’s stellar knock helps NECO Master Blaster beat Nagpur Titans by 9 wkts

    India not looking to rest on past laurels against Hong Kong, says Sandesh Jhingan

    India not looking to rest on past laurels against Hong Kong, says Sandesh Jhingan

    Let Lamine Yamal grow without pressure for the sake of football, says Cristiano

    Let Lamine Yamal grow without pressure for the sake of football, says Cristiano

    UTT Juniors: U Mumba TT set to take on Kolkata ThunderBlades in final

    UTT Juniors: U Mumba TT set to take on Kolkata ThunderBlades in final

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Home Share Market

Global shares in turmoil amid oil rout

Lakshmi Puri by Lakshmi Puri
January 21, 2016
in Share Market
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ProMASS News Bureau: Jan 21, 2016:

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Wall Street shares eased back from earlier losses on a day of turmoil on global markets when the plunging oil price again panicked investors. The Dow Jones and S&P 500 indexes closed 1.56 per cent and 1.2 per cent down, still big falls but a partial relief after tumbling more than 3 per cent earlier. Europe’s main markets fell sharply, led by the FTSE 100, which sank 3.46 per cent. Many markets are now in so-called bear market territory – a fall of 20 per cent or more from their most recent peak.

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At one point, the benchmark Brent oil index was down more than 5 per cent, while US oil fell almost 7 per cent, fuelling fears about the impact on economic growth and falling revenues earned by oil-rich nations. The falls in Europe and the US came after Asian stocks closed sharply lower.

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