Pursuits
Global Equities Sell Off With Commodities While Treasuries Climb
- Stock volatility spikes as investors revert to haven assets
- Volkswagen scandal sparks rout in automakers around the world
Will Fed Monetary Policy Cause an Equities Correction?
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The trepidation that characterized last month’s turmoil is seeping back into global financial markets.
U.S. stocks joined a decline in equities worldwide as a selloff in commodities resumed. The widening Volkswagen AG emissions scandal did little to calm nerves, dragging down car shares on speculation it may lead to tougher regulations. Brazil’s real fell to a record as emerging-market assets sank, while demand for haven investments bolstered the yen and Treasuries.