US stock indices pulled back at the opening bell while Snap, the parent of social media app Snapchat, saw its share price slump 36 percent as trading began on Wall Street.
The ongoing Russian offensive against Ukraine coupled with the US inflation hitting a 40-year high fuelled selling in the Asian markets.
Wall Street's benchmark S&P index lost 1.5 percent on Tuesday, deepening a two-month-old skid.
The fear of possible defaulting of Chinese real estate giant Evergrande has caused broad sell-off in global financial markets, even causing a dip in cryptocurrencies.
Hepsiburada is one of the Turkey's largest e-commerce platform that allows consumers to order items ranging from groceries and essentials to airline tickets with nine million active customers.
Online retailer giant Amazon introduced a dedicated website in Poland, raising the stakes for the country’s homegrown e-commerce market.
One post on WallStreetBets told users that shares of pot producers Tilray Inc and Aphria Inc have more room to rise.
Elon Musk launches a pair of potentially game-changing shifts for bitcoin, promising Tesla Inc would take payment for its electric vehicles in the currency soon and revealing it had already invested $1.5 billion in the cryptocurrency.
Robinhood and other brokerages took steps to stop the buying frenzy surrounding firms such as GameStop but only sparked more volatility in the market, with angry customers and politicians arguing the curbs unfairly benefit bigger investors.
It resumed its upward momentum, rising 75 percent from the beginning of the session after slumping when trading platforms imposed buying halts on viral stocks.
Lawsuit filed in the US District Court of New York says Robinhood's decision to block trading of GameStop stocks "deprived retail investors of the ability to invest in the open-market."
European stock markets dropped as EU leaders are not able to agree on a stimulus for the bloc's economy, while shares in the rest of the world dropped after disappointing news surrounding a potential coronavirus treatment.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2022 TRT World.
Like
Follow