As stocks continue to slide, Wall Street nears bear market territory • FRANCE 24 English

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FRANCE 24 English published this video item, entitled “As stocks continue to slide, Wall Street nears bear market territory • FRANCE 24 English” – below is their description.

Wall Street’s benchmark S&P 500 index is on the cusp of what is known as a bear market, as it nears a 20 percent drop from its peak earlier this year. Investors are fretting over higher interest rates, rising energy prices linked to the war in Ukraine and a slowdown in China due to Covid-19. Also, Canada moves to ban Chinese tech giant Huawei from its 5G networks, and Sri Lanka grapples with a fuel shortage on top of a painful economic crisis.

https://f24.my/8di7.y

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FRANCE 24 English YouTube Channel

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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