Equity Monday: A global selloff to kick off Disrupt week
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 20 September 2021
⏱️ 11 minutes
🧾️ Download transcript
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| 0:00.0 | Oh boy, it is going to be one of those days. |
| 0:04.0 | Hello, this is going to be one of those days. |
| 0:14.1 | Hello, this is Alex, of course, happy Monday. |
| 0:16.2 | Hope you're doing well. |
| 0:16.8 | Hope you had a good weekend and that all things are goo-chy where you are. |
| 0:20.5 | I'm scared because the markets are in free fall this morning. |
| 0:23.4 | It is an absolute mess out there. |
| 0:25.4 | We have the Dow Jones Industrial Average off |
| 0:27.6 | 620 points in pre-market trading or 2.8%. |
| 0:31.8 | That, in case you're not sure, is a lot. |
| 0:34.4 | Yes it is. |
| 0:35.2 | The NASDAQ is off 218 points or 1.4% this morning. |
| 0:38.8 | Again, pre-market trading numbers, |
| 0:40.1 | so we're kind of looking ahead |
| 0:41.2 | to what the US markets will do. |
| 0:42.4 | But over in Europe, the EU focused stocks 600 is down 2.17%. |
| 0:47.8 | So this is not a US issue. |
| 0:49.8 | And over in Hong Kong, the Hong Kong index was off 3.3%. |
| 0:52.6 | So it's just a complete mess out there. |
| 0:54.8 | So why? |
| 0:55.7 | Well, everyone's really worried about China. |
| 0:57.9 | Not the regulatory stuff this morning. |
... |
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