Visual Marketplace Report – August 20, 2015 by Bryan. Brand Media Studio - A Visual Content Marketing Community focusing on visual, social, content generation strategies, techniques, across media and marketing channels.
World stock markets tumbled and Brent oil prices remained under pressure on Thursday as another slump in the equity market of China, the world's No. 2 economy, stoked concerns about sluggish global growth.
Wall Street was also weighed down by a drop in finance stocks and fell for a third straight session as expectations cooled for a U.S. interest rate hike in September, which also kept the dollar lower.
The declines in equities put the S&P 500 back into negative territory for the year. The Nasdaq suffered its biggest daily percentage drop since April 10, 2014.
The Dow Jones industrial average fell 358.04 points, or 2.06 percent, to 16,990.69, the S&P 500 lost 43.88 points, or 2.11 percent, to 2,035.73 and the Nasdaq Composite dropped 141.56 points, or 2.82 percent, to 4,877.49.
The Visual Marketplace Index also suffered, losing 4.84 points, or 1.87 percent, to finish the day at 253.96.
The post Visual Marketplace Report – August 20, 2015 appeared first on Brand Media Studio.