World stock markets recorded one of the worst half-years in their history


Ending on June 30, the first half of 2022 was marked by a drop in the world’s major stock markets. The result? It was one of the worst stock market semesters in over 50 years.
Inflation, which reached record figures in several European countries (+10% in Spain in June), had a heavy impact on the stock markets. In France, consumer price inflation reached a level of 6.5% in June and 8.6% for the euro zone, two variables that have been rising steadily since the beginning of the year.
Indeed, the Cac 40 was directly affected by these historic increases. The latter recorded a decline of 10% for the whole of June, confirming one of its worst half-years ever. This translated into a historic 17.2% drop for the first six months of the year 2022. This is the third worst half-year for the Cac 40, since the 17.43% drop in the first half of 2020 and 21% at the end of June 2008.
On the US side, the figures are not positive either. Although inflation has reached lower rates in the United States, the New York Stock Exchange has still suffered from strong fears linked to this rise in prices. Wall Street ended June 30 with the worst six-month period in its history.
The Dow Jones index gave up 0.82% on Thursday and the Nasdaq, 1.33% to 11,028.74 points for the last session of the semester after six very difficult first months. These two respective declines are in addition to those accumulated since January. Since the beginning of the year, the Dow Jones index is down 15.31% while the Nasdaq has lost 29.51%. Two historically low rates.
“The efforts of the central bank (Fed) to fight inflation are causing growing fears of recession that have led Wall Street to its worst half-year since 1970 ” finally, says Edward Moya, analyst for Oanda.
Read also > THE MAIN EUROPEAN STOCK MARKETS UP ON MONDAY
Featured photo : © Press
What's Your Reaction?

[EN] CLAIRE DOMERGUE, A SPECIALIST IN COMMUNICATION IN THE LUXURY SECTOR, HAS SURROUNDED HERSELF WITH EXPERTS TO CREATE THE FIRST MEDIA DEDICATED TO THE ECONOMIC NEWS OF LUXURY AND FASHION. THE LATTER DRAWS THE ATTENTION OF ITS READERS TO ALL THE MAJOR PLAYERS IN THESE SECTORS WHO SHARE THEIR EXPERIENCES, VISIONS AND KNOW-HOW. MORE THAN A SPECIALIZED WEBZINE, LUXUS PLUS IS A MULTI-SECTOR INFORMATION SYSTEM, WHICH HAS BECOME THE REFERENCE MONITORING TOOL FOR LUXURY AND FASHION PROFESSIONALS. OUR NEWSLETTERS CONTRIBUTE TO MAKE OUR READERS AWARE OF THE CHANGES AFFECTING THE LUXURY INDUSTRIES. THANKS TO AN INCREASED WATCH AND AN EXCELLENT KNOWLEDGE OF THE SECTOR, WE ARE INTERESTED IN THE MAIN ECONOMIC AND TECHNOLOGICAL STAKES OF FASHION, FINE WATCHMAKING, JEWELRY, GASTRONOMY, COSMETICS, PERFUMES, HOTELS, PRESTIGIOUS REAL ESTATE...********[FR] Claire Domergue, spécialiste de la communication dans le secteur du luxe, s’est entourée d’experts pour créer le premier média consacré à l’actualité économique du Luxe et de la mode. Ce dernier attire tout particulièrement l’attention de ses lecteurs sur l’ensemble des acteurs majeurs de ces secteurs qui y partagent leurs expériences, visions et savoir-faire. Plus qu’un webzine spécialisé, Luxus Plus est un système d’information multi-sectoriel, devenu l’outil de veille de référence pour les professionnels du luxe et de la mode. Nos newsletters de veille contribuent en effet à sensibiliser nos lecteurs aux mutations qui touchent les industries du luxe. Grâce à une veille accrue et à une excellente connaissance du secteur, nous nous intéressons aux principaux enjeux économiques et technologiques de la mode, la haute horlogerie, la joaillerie, la gastronomie, des cosmétiques, parfums, de l’hôtellerie, l’immobilier de prestige…